$1,200,000.00
Asking Price
Address: Los Angeles,
Status: Active
Posting ID: 268831
3/22/25
Description
Over three decades in business, this medical practice has over 4,600 chars and a great reputation. Its current location has been in a larger medical building since 2014. The lease lasts until June 2024, and there is an option possible for $5,000/month. It has 3 exam rooms, 2 consultation rooms, one EKG room, and one procedure room. The office could easily fit one more physician or one more nurse practitioner.
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.
To get more information about this Medical Practice - High Net, Great Reputation business for sale in Los Angeles please phone Sasa Milosevic (Broker - BRE License #:01516168) at 310-922-0936 and 310-314-1144 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #268831 on BizBen.com. In addition to phoning Sasa Milosevic, make sure you email Sasa Milosevic above to get more info about this Medical Practice - High Net, Great Reputation, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01516168. Manhattan Biz.
Contact
Details
Asking Price: $1,200,000.00
Down: $600,000.00
Cash Flow: $514,000.00
Revenue: $790,000.00
Area: Los Angeles
City: Los Angeles
Attributes:
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