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Medical Practice For Sale
Location: United States -> California -> Southern California - Los Angeles Area -> Los Angeles
Industry: Health and Medical > Medical Practices




Business Summary

Selling a general medical practice located in Los Angeles, California. Clinic collect $560,000 annually with robust net income of $350,000. Emphasis is on primary care medicine for children through seniors providing exams, diagnosis, treatments, and minor procedures including; EKG, urinalysis, glycohemoglobin a1c, pelvic exams and paps, hearing evaluation, and prenatal care.

Owned by a family practitioner for over 25 years, situated in a medical building on the corner of a major thoroughfare next to a regional hospital with convenient freeway access. Majority of time spent in the outpatient setting. Seller admits and sees patients at 2 local hospitals and 1 nursing home.

Practice revenues come primarily from managed care contracts on fixed monthly capitations with roughly 1,500 patients in panels, along with a good number of Medicare patients and some MediCal and PPO. Collections have increased over the last year a result of the seller contracting and taking on additional HMO patients. Up to 100% medical practice financing is available. For details contact our medical practice broker at 800-416-2055 (x222) or email.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $560,000
Cash Flow:   $350,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  1988
Number of Employees:  4 - 5
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

Photos

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Medical Practice For Sale Photo 1




Print Listing Id: 700203500
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Also See: Franchise Opportunities > Franchise Resales > California Businesses For Sale > California Franchises For Sale > California Business Brokers



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