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Long Established Orthopaedic Practice For Sale

Broward County, Florida, US
Asking Price:
$1,200,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$2,351,905
Cash Flow:
$695,898

Long established Orthopaedic practice located in high density family community of Broward County. Two owner physician producers are initiating a transition plan to retirement. Full-qualified staff in place. Staff is unaware of the sales process. Very confidential. IMPORTANT NOTE: Adjusted earnings included and shown with this offering is shown before any cost of Orthos (both producer Ortho's salaries were added back to income). Viewers will need to build in a cost of production based on their own buying scenario. Owners are flexible on transition to meet buyer's requirements. This Florida-based company for sale is offered by Transworld Business Advisors, the number one business brokerage in the world. With a local presence and global marketing reach, Transworld Business Advisors has provided main-street and lower middle market business owners and buyers with transaction expertise for over 40 years. For more information on this business for sale contact Tom Jones, Please refer to listing 0101-111891.

Property Information

Real Estate:

Lease

Lease Terms:

Lease/Month: 19,519 Square Footage: 7,239 Building Type: High Visibility
Terms & Options: +1/3 yr renewal option Expiration Date: 12/31/2027

Premises Details:

Lease/Month: 19,519 Square Footage: 7,239 Building Type: High Visibility
Terms & Options: +1/3 yr renewal option Expiration Date: 12/31/2027

Business Operation

Competition / Market:

Non Compete : Miles: 5 Years: 3

Reasons for selling:

Transition to Retirement

Trading hours:

Monday - Friday

Employees:
23
Years established:
28

Other Information

Furniture / Fixtures value:
$119,000 - included in the asking price
Inventory / Stock value:
$29,000 - included in the asking price