Price reduced. This long-established Neurology practice comprises three locations, two specializing in General Neurology and one a Sleep Clinic. One in Nevada and two in a bordering State. Seller will consider selling the Bordering State locations and Nevada locations separately. The practice treats Neuropathy, Dizziness, Sleep Apnea, Epilepsy, Falls and Headaches. Staffing includes the seller/Neurologist; associate part-time Neurologist; mid-level providers (MAs and NPs); lab techs; billers; office managers and receptionists. The purchase price, revenue and adjusted net income are for all three (3) locations. The adjusted net income (SDE) of $1,807,628.00 reflects a Neurologist owner operator. For a non-neurologist buyer, a replacement Neurologist salary is estimated to be $550,000.00 thereby reducing the adjusted net income (SDE) to $1,257,628.00.
- Asking Price:
- $3,950,000
- Sales Revenue:
- $3,666,308
- Cash Flow:
- $1,807,628
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Total monthly rent of $3,075
- Premises Details:
-
This is a leased location of 3,100 +/- square feet with a Total monthly rent of $5,100. New lease with One 5-years options. Seller is active with 4 FT employees. Hours of operation are 8am – 5pm Monday to Thursday. Medical license required.
Business Operation
- Reasons for selling:
-
Retiring
- Trading hours:
-
8am – 5pm Monday to Thursday
- Employees:
- 4 PT
- Years established:
- 11
Other Information
- Support & training:
-
90 Calendar days
