Profile: Psychiatry Practice With Hospital Privleges.
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Ad/Listing Information
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| Financial Information |
Detailed Information |
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| Asking Price: |
$175,000 |
| Down Payment: |
$100,000 |
| Annual Revenue: |
$283,525 |
| Annual Adjusted Net: |
$134,811 |
| 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: |
Yes |
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Description:
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Business Description: The Practice Is Located In The Heart Of Southern California In An Excellent Location With Middle To High Income Residents. The Doctor Has Been Working With Patients In The Area For Over 35 Years And Now Is Ready To Transition Into Retirement. The Practice Offers Hundreds Of Patient Files With A Substantial Percentage In Active Status. Doctor Works 4 To 5 Days A Week From 9:00am To 12 Noon And From 2:00pm To 5:00pm. The Practice Offers Stability And Substantial Growth Potential. Seller Is Willing To Assist A New Doctor With Patient Introductions And Treatment. This Practice Is Perfect For Adding To An Existing Practice Or For Any Doctor Considering Relocating To The Southern California Area Who Wants A Solid Well Established Psychiatric Medical Practice.
Potential For Growth: The Practice Offers Numerous Possibilities For Growth And Expansion. The Practice Maintains A Very Strong Reputation Based Upon Prior Staff Experience At A Well Known Local Area Hospital. The Right Doctor Could Expand Those Hospital Privileges At Their Discretion. There Are Also Various Medical Panels That A Practitioner Could Join That Would Serve As An Excellent Marketing Tool For Growth Of The Practice. The Current Structure Of The Practice Is Focused On Adult Psychiatry But Could Easily Be Expanded To Include Child And Adolescent Psychiatry As Well (There Is Limited Competition In The Area For Child And Adolescent Psychiatry). Substance Abuse Treatment Available To Patients Of All Ages Is Another Prime Target Area For Practice Expansion (Currently, The Practice Refers Substance Abuse Treatment To An Outside Source). In Addition, The Current Hours Of Available Treatment Time Could Also Be Increased. Finally, The Practice Currently Has No Website. The Creation Of A Website Combined With Online Marketing Of Various Targeted Key Words And Phrases Would Undoubtedly Increase Practice Revenues.
Fixtures Furniture, & Equipment: 5,500
Year Established: 1969
Number Of Employees: 2
Days And Hours Of Operation: 9am - 12pm And 2pm - 5pm, M- Fri.
Relocatable: Within Local Area
Facilities-Location: The Practice Occupies 1,371 Square Feet Of Medical Office And Administrative, Space In Santa Ana, California. This Space Is Leased For A Gross Rental Payment Of 2,280 Monthly. The Remaining Term Under This Lease Expires On July 31, 2009. However, The Company Reports That They Do Not Anticipate Any Difficulties In Securing A Follow-On Lease Under Similar Terms And Conditions. The Practice Facilities Are Modern, In Good Condition And Fully Suitable For The Primary Function Of The Practice. The Company Currently Realizes Monthly Sublease Rental Income Of 1,140.
Reason For Selling: Retirement.
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