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Profitable Medical Practice with Real Estate Available
- Primary Industry: Medical Practices
This Medical Practice takes pride in providing quick, attentive and personal non-life threatening medical care to patients in its community. Patients receive quick quality care without an appointment when its needed most. The patient-centric model of care is designed to satisfy all visitors in need of medical services. Adults and children are always welcome with no appointment necessary. The Center provides a quick, convenient and cost-saving alternative to the emergency room. It is located in a densely populated area.
Owner will sell the practice separately, but prefers to sell the practice and property as a package. The real is valued at $600,000.
The hours of operation are: Monday to Thursday 9AM to 6PM, Friday 9AM to 4PM, Saturday 9AM to 12PM
This office has been structured so that a non physician can own and operate it. Its team of medical professionals include a medical Director and 4PAs, who are committed to providing the highest level of quality care. The Center offers a broad range of medical services to meet the needs of all patients including but not limited to: wellness, medical, disease management, pediatrics, dermatologic services, immunizations, vaccinations, physicals, procedures, men’s health, sports medicine, on site testing, exams, rapid Covid tests and occupational care.
Cash flow is very strong and can be increased by 37% simply by increasing the hours of operation. Additional services can also be added to increase cash flow.
A savvy buyer will be able to take advantage of this practice’s strong cash flow and community reputation for quality medical services. The ideal buyer will be an individual or group who has knowledge, interest or experience in quality medical services and an objective to expand these services to a wider population.
Financial Information
- $2,100,000 Asking Price
- $655,501 Cash Flow
- $1,779,799 Gross Revenue
- On request Down Payment
- Yes Financing
Business Location
- City: Northern New Jersey
- State: New Jersey
Detailed information
- Year Established: 2009
- Home Based: No
- Franchise: No
- Relocatable: No
- Lender Prequalified: No
- SBA Prequalified: No
- Full-Time Employees: 8
- Part-Time Employees: 3
- Contractors: N/A
- Owner Worked Hours/w: N/A
- Adjusted EBITDA: On request
- Inventory Included: No
- Inventory Value: N/A
- Monthly Rent: On request
- Real Estate Available: Yes
- Real Estate Included: No
- Real Estate Value: $600,000
- FF&E Included?: Yes
- FF&E Value: $75,000
Training/Support
- Seller will negotiate a transition period
Business Listed by
Frank Caroselli
Sunbelt of LindenContact Business Broker
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