Medical Practice For Sale

www.GlobalBX.com

Listing ID: 70049410

Listing Title: Medical Practice For Sale

Quick Link: http://www.globalbx.com/listing.asp?bId=49410

Industry: Health and Medical

Industry Segment: Medical Practices

Country: United States

State / Province: Georgia

Area

City: Stockbridge

Asking Price Range: $250K - $500K

Gross Revenues: $720,000

Cash Flow: $200,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2000

Number of Employees: 6 - 9

Business Description:
Family Medical Practice For Sale-McDonough, GA. General Family Practitioner: Mitchell Family Practice has been operating under the same ownership for 6 years in McDonough, GA. Services provided at the practice include physical exams, worker's comp, disease management, office procedures, biopsy, x-ray, dermabrasion, spirometry, EKG, and more. Patient Mix: The practice sees approximately 49-52 patients daily. Patient mix include ages 18-68 with a approximately 40% male and 60% female. Practice Staffing: Nine long term staffers which include 4 certified medical assistant, office manager, in house billing manager, receptionist, phlebotomist. Office hours are Monday thru Friday 8:30am-6:00pm; however, the primary doctor only works four days (8:30-am to 6:00pm) while the associate doctor also works four days 8:30am-4:00pm. The medical facility includes 9 exam room, 4 offices, separate lab, x-ray, blood draw rooms, 4 bathrooms. Summary of Financials: 2005 and 2004 Gross Revenues: $669,600 and $507,100. Note: Gross Revenues are derived from a 4 day work week. SALES PRICE: Practice sales price without real estate is approx. $375,000 with an option to purchase the building in 2-3 years. For additional information, please provide a personal financial statement Dr. Mitchell - reference: Mitchell Family Practice. Thank you and we appreciate your interest.



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