Profile: Family Medical Clinic (Private Pay Only) – SE LA County!
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Ad/Listing Information
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| Financial Information |
Detailed Information |
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| Asking Price: |
$125,000 |
| Down Payment: |
$100,000 |
| Annual Revenue: |
$227,000 |
| Annual Adjusted Net: |
$88,100 |
| Price Range: |
$100,001 to $250,000 |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Call |
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Description:
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Family Medical Clinic (Private Pay Only) – SE LA County
Business Summary:
This Very Profitable Medical Clinic Has A Unique “Private Pay Only” Business Model - They Only Accept Cash And Credit Card Payments. The Business Serves The Hispanic Community (95% Of Patients, Most Of Whom Do Not Have Medical Insurance) And Has Attracted Patients From 34 Surrounding Cities. There Are Over 1,500 Patient Files. The Clinic Has An Effective Web Site That Details The Services Offered And Related Fees.
The Physician/Owner Consults With An Average Of 10 To 12 Patients Per Day (A New Physician Could See More) And Provides Diagnosis, Refers Out For X-Rays, Ultrasounds And Mris, And Dispenses Medications. They Have A Small Lab For Doing Hemoglobin, Blood Sugars And Uri Analysis. The Business Is On Track To Achieve Revenues Of 240K In 2007 Which Could Be Significantly Increased By Adding Physicians To Fully Utilize The Four Examination Rooms.
General Information
Year Established: 2005
Employees: One Experienced And Talented Medical Assistant At A Monthly Salary Of 1,960.
Facility: 1,500 Sq. Ft. Facility, With Four Examination Rooms, At A Total Monthly Cost Of 2,000. Lease Expires In February, 2010 With A Five Year Renewal Option.
Hours: 9am–5:30pm Weekdays And 9am–4pm On Saturdays
Price Includes: All Furniture, Fixtures And Equipment Including A New Shiller Ekg Machine, Ultrasound Treatment And Electro Coagulation Units. Inventory Of Approximately 2,000 Not Included.
Support/Training: Physician Seller Will Provide Transition Training
Reason Selling: Retirement
Asking Price: 125,000
Gross Revenues: 227,000
Seller’s Discretionary Earnings: 88,100.
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