Medical Practice - Retiring Seller
Location California,United States
Asking Price Range $250K - $500K
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1982
Number of Employees 4 - 5
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Leased
Reason for Sale Retiring.
Description High desert community accommodates this long established practice of 28 years. The office condo which is available for lease has 2,000 sq ft of leasehold improvements including 4 exam rooms, reception/waiting room (seats 18), 2 doctor's offices, etc. Seller is retiring and is asking $250,000. Gross income in 2008 ( Jan-May) was $180k, in 2007 was $479k, in 2006 was $692k, and in 2005 was $671k. Seller sees 350 patients/month and 25 are new. The payment consists of 5% Cash, 57% Insurance, and 28% Capitation. Contact for more information on this Medical Practice for sale.
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