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Busy Obgyn Practice On Hospital Campus For Sale

Broward County, Florida, US
Asking Price:
$5,000,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$2,226,981
Cash Flow:
$1,406,238

Very busy 29 year old OBGYN Practice on a hospital campus. Average of 60 newborns per month. Very rewarding fully staffed practice. Never needed to advertise. Accepts most insurance and Medicaid. Doctor is willing to stay on after the sale. Please refer to listing #0101-930791, Agent Rob Cohen when inquiring about this listing. Thank you!

Property Information

Real Estate:

Lease

Lease Terms:

Type of Location Office Bldg
Facilities Medical Office Bldg

Monthly Rent $10,000.00
Square Units (Foot, Meter) 2,800

Lease Expiration Date February 29, 2028

Leasehold Rent:

$10,000 per annum

Location:

Business History: Started 29 years ago in North Miami Beach. Moved to the present location in Broward County 16 years ago.

Premises Details:

Type of Location: Office Bldg
Facilities Medical: Office Bldg

Size in square feet:
2,800

Business Operation

Expansion Potential:

Potential Growth: Presently operated

Competition / Market:

Competitive Overview: This is a referral business. seller was never concerned about competition.

Reasons for selling:

Retirement

Trading hours:

Mon, Tues, Thurs & Friday 9a to 5pm Wed 9am to 6pm

Employees:
8
Years established:
29

Other Information

Support & training:

Will train for 4 weeks @ no cost

Furniture / Fixtures value:
$75,000 - included in the asking price
Inventory / Stock value:
$10,000 - included in the asking price

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