Internal Medicine Practice
Location Austin, Texas, United States
Asking Price Range $250K - $500K
Gross Revenues $365000
Net Profit / Cash Flow $135000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1978
Number of Employees 1 - 3
Inventory 100000
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Description This well-established internal medicine practice is profitable and positioned for great growth. Patients come to it for the physician's qualifications and the practice's impeccable reputation. The practice has an incredibly high rate of loyal patients, with some having come to it for 30 years. A new, energetic owner easily could expand the practice by seeking out new patients, which the current physician does not do.
The practice leases a 1,555-sq-ft, beautifully decorated suite in a medical center in San Antonio. The rapidly growing city had more than 1.3 million people in 2006. The owner would stay on as long as needed to help facilitate a smooth transition after selling the practice.
Established: 1978.
Employees: 3 fulltime.
Facilities: A leased suite.
Reason for selling: The physician is retiring.
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