SBA Prequalified for qualified Buyer. This profitable, long established Neurology medical practice serves the greater Las Vegas Valley. The staff includes an in-house billing/Off. Manager, medical assistants, EEG Tech, NCS/EEG Tech, TMS Tech, file clerks and receptionists. Major Services include EEG, Carotid Ultrasound, NCS/EMG, Nerve Block, TMS and Botox. Some of the insurance plans accepted are: Medicare, Aetna, BCBS, UHC, PPOs and POS. The practice does not accept HMOs. The seller is willing to stay with the practice on a mutually agreed to part-time basis. The adjusted net income (SDE) of $889,205.00 reflects an owner operator. For a non-neurologist buyer, a replacement Neurologist salary is estimated to be $390,000.00 (Fully Burdened) thereby reducing the adjusted net income (SDE) to $499,205.00 Contact the listing agent for an NDA. Proof of funds required.
- Asking Price:
- $1,750,000 Furniture / Fixtures included
- Sales Revenue:
- $1,667,817
- Cash Flow:
- $889,205
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
This is a leased location of 1,962 square feet with a Total Monthly Rent of $5,139.24. Lease ends 01/2029. Seller is active in the business with 6 Full-Time and 6 Part-Time employees. Hours of operation are 8:30am – 5:00pm Monday to Friday and Saturday by appointment only. $94,306 in FF&E included in asking price. $15,113 made in Leasehold Improvements. NV Medical License required.
- Size in square feet:
- 1,962
Business Operation
- Reasons for selling:
-
Retiring
- Trading hours:
-
8:30am – 5:00pm Monday to Friday and Saturday by appointment only.
- Employees:
- 6 Full-Time and 6 Part-Time
- Years established:
- 22
Other Information
- Support & training:
-
90 days
- Financing available:
-
SBA Pre-approved for qualified Buyer!
- Furniture / Fixtures value:
- $94,306 - included in the asking price
- Inventory / Stock value:
- $37,000
