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Rheumatology Medical Practice In Las Vegas For Sale

Las Vegas, Nevada
Asking Price:
$1,800,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$5,732,967
Cash Flow:
$1,423,286

Price substantially reduced! Included in the total income of $1,423,286.00 is Seller's Officer Compensation for 2018 of $291,000.00. Highly profitable, well established medical practice specializing in Rheumatology. A major bank’s Medical Practice Lending division has preliminarily approved this Medical Practice for 100% financings of the purchase price plus additional working capital. Seller states this specialty is a highly growing field due to the aging population. Seller continues to reduce his hours in the Practice and takes approximately 90 days of vacation time. Seller States that reducing the amount of vacation time could increase revenue. Seller co-owns a separate corporation that owns the building and will issue a new lease. The facilities include 7 exam rooms, 1 infusion room, 2 private offices, public and private restrooms, employee lounge, computer room, storage room, and reception area. Seller states there is room to bring in a NP/PA or another Medical Specialty associate, if desired for expansion. The billing, patient data and medical software used by the practice is E-Clinical Works (ECW). There are three private parking spaces plus additional ample parking used for the practice. For additional information contact listing agent Freddie McFinn or use this ad’s email reply.

Property information

Real Estate:

Lease

Location:

This is a leased location of 2,500 square feet. Seller is active in the business with 4 FT employees and 1 PT employee. Hours of operation are 8:30 AM to 4:30 PM Mon, Wed, Fri and 8:30 AM to 2:30 PM Tues, Thurs. $125,000 in Inventory, $97,388 in FF&E and $631,000 in Accounts Receivables included in Asking Price. Medical License Required.

Size in square feet:
2,500

Business Operation

Reasons for selling:

Personal

Trading hours:

8:30 AM to 4:30 PM Mon, Wed, Fri and 8:30 AM to 2:30 PM Tues, Thurs

Employees:
4 FT Employees, 1 PT Employee

Other Information

Support & training:

TBD

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

8:30 AM to 4:30 PM Mon, Wed, Fri and 8:30 AM to 2:30 PM Tues, Thurs

Furniture / Fixtures value:
$97,388 - included in the asking price
Inventory / Stock value:
$125,000 - included in the asking price

Contact Information

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