This is a well-run, single-doctor internal medicine practice in a standalone, custom-built office space. The building is located on a main commercial street corner with high visibility. There is no difficulty in adding new patients. The practice has been established for over 20 years. The primary doctor is retiring or may join a part-time government service. Financial details could be sent.
- Asking Price:
- $250K - $500K Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $250K - $500K
- Cash Flow:
- $100K - $250K
Property Information
- Real Estate:
-
Lease
- Living Accommodation:
-
Plenty of single family houses or condominiums or apartments to buy or rent available.
- Location:
-
Prime high street intersection with exclusive highly visible pylon sign
- Premises Details:
-
Well landscaped attractive building with 11 parking stalls.
- Size in square feet:
- Office is 1750 SF with expansion potential to 2500 SF. Parking 11 spaces. There is a library across with potential overflow parking
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
There is a community hospital within ten miles. Huge potential to expand practice. New practitioner could hire one or two nurse practitioners and expand the office another 700 SF. Expansion potential with plenty of Medicare Advantage Plans. New patients could be added with minimum marketing. Current practice was only with one medical doctor. Hence large expansion wasn't preferred.
- Competition / Market:
-
Practice is very successful with good name in the community. Rest of the competition are mostly providing services with nurse practitioners. Hence plenty of new patients.
- Reasons for selling:
-
Retirement or taking GOVT job
- Trading hours:
-
8-4
- Employees:
- 2
- Years established:
- 21 years
Other Information
- Support & training:
-
Will help training during weekend
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
Three year on 50% down
- Furniture / Fixtures value:
- $20,000 - included in the asking price
- Inventory / Stock value:
- $10,000 - included in the asking price
