South Florida Internal Medical Practice
Location: Florida > Miami-Dade County > Miami-Dade
Industry: Health and Medical > Medical Practices
Financials
Asking Price: $1,330,000
Gross Revenue: $1,063,312
Gross Revenue Comments: Treding up
Cash Flow: $800,000
Cash Flow Comments: trending up
Inventory: $5,000 (Included in Asking Price)
FF&E: $27,000 (Included in Asking Price)
Seller Financing: 100% SBA in Place
Business Summary
This internal medical practice is located in Miami-Dade County, FL where the owner has built the practice for almost 30 years. The New owners/physicians will enjoy the extensive patient base which adds 20 to 30 new patients weekly. The revenue stream and profits built by this practice is in the upper echelon of internists. Future increased revenue is in place and to be enjoyed by the acquiring physician(s). The seller also has other income not included in the practice that could be acquired.
About the Business
Year Established: 2001
Employees: 5 full time - 2 part time
Facilities: The main office is located in a busy retail area, an emerging trend in healthcare. A second satellite office is located in a rapidly growing adjacent community. A new owner will enjoy the benefits of this office with state of the art medical and office equipment. $150,000 was invested in a beautifully decorated and highly efficient, build-out.
Market Outlook and Competition: A new physician in this practice will be able to immediately enjoy higher than normal income with potential for even higher income. The current owner/physician has at least 15 hours each week that the office is not being utilized, which could be turned into immediately higher revenues. Current patient bookings extend out eight weeks.
About the Sale
Management Training and Support: Seller will work through the transition for a smooth transfer of the goodwill.
Reason For Selling: retirement
Attached Files - Attachment Disclaimer
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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