November 22, 2009
 
 
Family Medical Practice  •  $225,000

Location: SW Riverside
Seller: D. Joe Atchison
Phone: 951-277-4002 X303
 
 
About This Business
BizBen Ad #: 134709
Status: Available
Start Date: 9/17/09
Last Revised: 12/31/69
Location: SW Riverside
County: Riverside
City: Not Provided
Contact Information
Seller or Contact: D. Joe Atchison
Primary Phone: 951-277-4002 X303
Alternate Phone: Not Provided
Email: j.atchison@sunbeltnetwork.com
 
 
Financial Information
Asking Price: $225,000
Down Payment: $125,000
Annual Cash Flow: $263,100
Annual Revenue: $428,818
Detailed Information
Franchise: No
Relocatable: No
Home Based: No
Real Estate Included: No
Broker To Broker Cooperation: Call
 
 
Business Summary
This Highly Profitable Medical Practice Sees 600 Patients A Month. The Business Has Over 2,000 Patient Files And Adds 40 New Patients Per Month. The Doctor/Owner Has Hospital Privileges At Two Area Hospitals And Visits Patients At A Local Nursing Home.

The Business Serves The Upscale Area Of SW Riverside County. There Is Room For A Second Doctor With The Facilities 5 Examination/Treatment Rooms. Services Include Primary Care, General Pediatrics And Internal Medicine. Perfect Addition To An Existing Practice, Or For Any Doctor Moving Into The Area Who Wants A Solid Established Medical Business. Staff Is In Place, Office Is Set Up, Just Bring Your Skills And Energy.

General Information

Year Established: 2004

Employees: One Experienced And Talented Medical Assistant And A Receptionist At A Monthly Salary Of 4,300

Facility: 2,178 Square Foot Facility, With 5 Examination Rooms, At A Total Monthly Cost Of 5,389 Including Triple Nets. Lease Expires In March, 2011.

Hours: 9 AM - 6 PM Weekdays

Price Includes: All Furniture, Fixtures And Equipment Including An Ekg Machine, Inventory Of Approximately 2,500 Not Included.

Support/Training: Physician Seller Will Provide Transition Training

Reason Selling: To Focus 100% Of Time On Second Office

Asking Price: 225,000

Gross Revenues: 428,818

Sellers Discretionary Earnings: 263,100.