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Promising Pediatric Practice Serving Hispanic Community In Phoenix For Sale

Phoenix, Arizona, US
Asking Price:
$395,000 Furniture / Fixtures included
Sales Revenue:
$651,329
Cash Flow:
$267,424

Over 50,000 potential patients within 3 miles of practice

Are you searching for a promising pediatric practice? Look no further! This pediatric practice is conveniently located in an area that has a pediatric population of 58,799 within a three-mile radius. Moreover, with 6,217 individuals aged from 0-19 years living within a one-mile radius, they are ideally positioned to provide healthcare services to the community.

This pediatric practice has been providing healthcare services to children from birth up to 18 years of age since 2008. They serve a diverse patient population from various countries such as Africa, Asia, Native American communities, Mexico, Cuba, Colombia, Honduras, and Guatemala (Mayan), including refugees. The practice is committed to addressing the unique needs of the community by offering comprehensive healthcare services. The practice has bilingual personnel who can speak both English and Spanish to cater to the linguistic diversity of its patient population. At least 80% of patients identify as Hispanic, and at least 60% prefer Spanish as their primary language. The practice prioritizes effective communication and cultural sensitivity to ensure that the patients' needs are met.

Property Information

Real Estate:

Lease

Lease Terms:

Lease Expiration: 6/30/2024
Rent: $4,421 per Month

Location:

Phoenix, AZ (Maricopa County)

Premises Details:

Single level 2,588 SF medical office. Facilities include waiting room with 20 chairs, reception area, 4 exam rooms, 1 provider office, 1 procedure room, 1 patient restroom, 2 staff restrooms, 3 MA/nurse stations, 1 staff lounge, 1 laboratory, and 1 storage room. The office has 5-6 reserved parking spaces.

Size in square feet:
2,588

Business Operation

Expansion Potential:

With the opportunity to allocate up to two additional providers, this pediatric practice is poised for growth and expansion. This includes extending office hours to accommodate increased demand and expanding ancillary services to include additional procedures such as EKG, X-Ray, and wound suturing.

Reasons for selling:

Owner desires to retire.

Employees:
6
Years established:
16

Other Information

Support & training:

In order to ensure a smooth transition, owner will remain post-sale up to six months. Compensation and schedule by mutual agreement.

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

$80,000 upon approved credit to qualified physician buyer.