Surgical Practice
Location Florida,United States
Asking Price Range $500K - $1.0M
Gross Revenues $438941
Net Profit / Cash Flow $0
Cash Flow Type EBITDA
Seller Finance No
Year Established 1967
Number of Employees 1 - 3
Relocatable Yes
Number of Employees 1 - 3
Real Estate Owned
Training It is negotiable as to how long the current own...
Reason for Sale The owner wishes to pursue retirement at this time
Description This business was originally established in November of 1967 and has remained under the present ownership since 1972. This well established surgical practice has offered its surgical services for 39 years and has been providing trauma surgical services for 15 years via exclusive contracts. The present contract applies to the district area's 3 hospitals and is scheduled to remain as such until 12/31/11; this contract also applies to that district's managed care companies. The trauma service employment operates at a Level II Trauma Center and is currently in its 4th contract with the hospital. It is likely to be renewed in 2011 by the four surgeons that retain the exclusive agreement in this case. The buyer to be could expect to replace the retiring surgeon as well as expect an income of $300,000 or greater. This company is centralized within a well known community and is situated in a great location for heavy traffic. It also has excellent room for growth with minimal supplementary expenses. Contact for more information on this Surgical Practice business for sale.
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