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Listed by:

Chicagoland Business Broker

Broker license number: 310001242

Profitable Chicago Internal Medicine Practice For Sale

Chicago, Illinois, US
Asking Price:
$1,800,000 Inventory / Stock included
Sales Revenue:
$1,400,000
Cash Flow:
$500,000

This exceptional clinic has been in the area for 50+ years and is widely trusted by the people in Chicago.

It has 75% family medicine, 15% dermatology and 10% vein treatment. It has a great staff in place with systems that will allow the new doctor to use and be productive from day 1.

There is a large upside, as the patients are already coming to the facility, to focus on other lucrative areas of medicine including headaches, weight loss, pain management, physical therapy and more. It is only limited by the new doctor's creativity and willingness to work

Please note: real estate is also sold but is not included in the price

Property Information

Real Estate:

Real Property Included

Location:

Northwest Chicago

Premises Details:

This is a very nice 2,000 sq. ft. building which is also for sale

Size in square feet:
2,000

Business Operation

Competition / Market:

Nothing in the area. This practice has been here for 50 years and is well-trusted by the people in the neighborhood

Reasons for selling:

Owner relocating

Trading hours:

8 am to 6 pm Monday to Friday and Saturdays 10 to 3

Employees:
8
Years established:
1970

Other Information

Support & training:

Will provide, most systems are in place so the staff can maintain the clinic with the new owner focusing on doing the medicine

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Must have a downpayment of 60% of sale price for seller finance

Furniture / Fixtures value:
$150,000
Inventory / Stock value:
$100,000 - included in the asking price

Listed by

Chicagoland Business Broker

Broker license number: 310001242