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Los Angeles, Los Angeles County, California
Medical Practice - High Net, Great Reputation
Asking Price
$1,200,000
Revenue
$79,000
Down
$600,000
Cash Flow
$514,000
Description
It grosses about 800K and nets about 500K per year. Only two full-time employees are with the doctor in the office, but his spouse does some managerial work from home. The doctor's office was voted seven times as the number one family physician in the Los Angeles area. Most of his medical practice is for Medicare patients and PPO patients, and also he has around 600 HMO patients with Regal and Lakeside medical group HMO.
The office is 100% paperless and for the last 15 years, they have had electronic health records in our office. They have Athena Health electronic health records. The seller would ideally like to continue practicing medicine at his present location, part-time, and he would like to get a good physician or a good nurse practitioner that he could coach and teach and share all that he learned in his rich career. A single-operating doctor can count on a yearly net income exceeding $500,000, with growth potential. The confident seller is ready to carry a bigger note, train, and stay as a part-time partner for a while.
Posting Information
Posting ID:
268831
Business Category:
Service, Health, Medical, Fitness, Beauty
Business Types:
Health Care Service
Medical Practice
Medical Service
Keywords:
medical
health
los angeles county
california
Attributes:
Broker Cooperation
Financial Assistance
Attachments
Non-Disclosure Agreement
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Posting Title
Medical Practice - High Net, Great Reputation
Posting ID
#268831
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