OBGYN Practice
Location California,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $1500000
Net Profit / Cash Flow $800000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1987
Number of Employees 6 - 9
Inventory 100000
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training 2 weeks at 40 hours per week following close of escrow.
Reason for Sale Lifestyle.
Description Very profitable and successful OBGYN Practice located in the San Fernando Valley. Gross revenue for 2006 was $1.5 million and adjusted net profit was $800,000. This Practice has been established 20 years and the current owner for 7 years. The clinic is located one block from a major hospital. The office has state of the art diagnostic equipment including 4-D Ultrasound. Staff includes 6 medical techs, 2 receptionists and a registered nurse practitioner. The Practice serves Hispanic population with 90% Med-Cal patients. In addition to OBGYN patients, family planning consultation also provides steady income flow. This is an opportunity for OBGYN to turn key established practice. 100% bank financing available to qualified MDs. Email or contact Joe Goldberg or Rashid Khalid at (818) 342-5222 ext. 313 or 324 for confidentiality form and more information on this OBGYN Practice for sale.
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