Family Practice For Sale
Location California,United States
Asking Price Range < $250K
Gross Revenues $336000
Net Profit / Cash Flow $0
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 1967
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Reason for Sale Career change.
Description Family Practice - this practice is located near to Ontario which is considered to be the home of LA/Ontario International Airport and the huge Ontario Mills shopping mall(the largest in Southern California). This long established practice of 40 years ( with current seller since 2006). The recently redecorated free standing building has 1,600 sq ft. Practice rent for $2,500 per month. Seller wants to change careers and is asking $225,000. The approx. gross income in 2007 is $30k per month and in 2006 was $28k per month. Practice sees about 400-500 patients per month and 75 are new patients. The payment consists of 80% HMO and 20% Insurance. MUST be Board Certified to transfer HMO Accounts. The treatment consist of 87% Exams and 3% Minor Surgery. The practice has a receptionist and a back office person working at the practice. The office/seller hours are Monday - Friday 8:30 am- 5:00 pm. Please email or call 888-277-6633 for more information about this practice opportunity. REF# MD 929.
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