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Successful OB/GYN Practice in Texas For Sale

Grapevine, Texas, US
Asking Price:
$350,000
Sales Revenue:
$700,812
Cash Flow:
$404,246

A well-established and successful OB/GYN practice offering exceptional care for patients needing obstetrics, gynecological, fertility, and general female primary care. The practice caters to all patients, ages from teenager to postmenopausal, serving the greater Grapevine, Texas community. Services include well-woman exams, gynecological problems, gynecological surgery, infertility, mammogram referrals, prenatal care, labor and delivery, high-risk pregnancy care, and routine laboratory testing.

The founding physician brilliantly created a business structure that cleverly provides all the benefits of shared expenses without the downside of having partners. Expenditures for rent are shared equally. Each MD PA pays EMR license and support fees, medical supplies, and malpractice insurance. Payroll for administrative and medical staff, payroll taxes, and office supplies are prorated based on the monthly production of each provider. Sharing one administrator, surgery scheduler, intake coordinator, and billing manager among three entities makes each MD PA more profitable.

Just between Dallas and Fort Worth, Grapevine’s central location gives plenty of options to residents and visitors, and seven intersecting highways make the city accessible and visible. Among a tapestry of other DFW suburbs, Grapevine stands alone in its versatility in business, entertainment, and housing. On the one hand, the city embraces a distinct Texas history, utilizing its classic Main Street with unique shops, quaint cafes, and community activities. On the other hand, Grapevine’s corporate culture attracts national retailers and industries.

100% Bank Financing Available with approved credit. Please inquire.

Property Information

Real Estate:

Lease

Lease Terms:

Lease Expiration: 2/1/2027

Location:

Grapevine, TX (Tarrant County)

Premises Details:

4,263 SF medical office shared equally among three practices. Facilities include a patient lobby with seating for 20 patients, 1 reception area, 10 exam rooms, 3 provider offices, 2 procedure rooms, 3 patient restrooms, 2 staff restrooms, 3 MA/nursing stations, 1 staff lounge, and 2 storage rooms. The building has 1 dedicated parking space.

Business Operation

Expansion Potential:

Growth in the practice would mostly come from the addition of ancillary services that are not currently offered. For instance, patients are referred to a physician across the street for robotic surgery.

Reasons for selling:

Owner preparing for retirement.

Employees:
7
Years established:
32

Other Information

Support & training:

The physician owner would remain for a limited transition period to ensure a smooth patient transition.

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

$35,000 on approved credit to qualified buyer with acceptable price.