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Thriving Psychiatric Practice
Location: United States -> California -> Southern California - All Southern California -> San Luis Obispo
Industry: Health and Medical > Medical Practices




Business Summary

This is a professional psychiatric practice established over 23 years ago with steady and verifiable income in a desirable location along California's Gold Coast in San Luis Obispo County. Thriving practice with opportunities to increase volume. Affiliated with local hospitals. Majority of payments are through insurance. Approx. 4000 appointments annually. Seller/owner could remain on salary up to 3 years Seller willing to listen to exit proposals. Not necessary to be an MD. Nurse Practitioner could be an alternative addition to the practice.
The net profit is very good so even with an MD on salary the purchase of the business could be a good investment. Or it could be a good opportunity for a new doctor to enter the practice gradually. Possibility for a new graduate to ease into the practice and become full owner after a time.

Very High Return on Investment.
Current doctor would remain on salary for up to 3 years then retire.

Sale Price - $699,000

Broker-805-341-3361


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $596,815
Cash Flow:   $354,313
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $14,150
Seller Financing:  Yes

About The Business

Year Established:  1993
Number of Employees:  1 - 3
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Lease

About The Sale

Management Training and Support:  Yes
Reason For Selling:  Retirement

Photos

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Thriving Psychiatric Practice Photo 1




Print Listing Id: 700337472
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