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Listed by:

Transworld Business Advisors of Zion

Very Busy Medical Clinic / General Family Medicine In Illinois For Sale

Illinois, US
Asking Price:
$1,239,900
Sales Revenue:
$1,115,889
Cash Flow:
$543,000

exceptionally profitable family medical clinic operated by a General Physician that accepts many different forms of payment, including Illinois Medicare. A very well-known, clean, and diverse location that not only holds a CLIA Certification to perform lab work on the premises but only engages with patients four days a week and currently turns away the overflow of prospective patients. The physician collectively works 5–6 days per week to handle administrative duties.

There are five medical support staff separate from the physician and two administrative support staff.

Services include but not limited to: EKG & in-house blood tests, treatment of chronic illnesses, walk-in urgent care, administration of vaccines, diagnosis of acute illnesses, COPD & Asthma treatment; and serving patients from one day old to senior.

2022 billings and receivables were $1,115,000, resulting in a Total Seller’s Discretionary Net Earnings of $543,000
2021 billings and receivables were $1,053,000, resulting in a Total Seller’s Discretionary Net Earnings of: $507,000
2020 billings and receivables were $947,000, resulting in a Total Seller’s Discretionary Net Earnings of: $432,000
2019 billings and receivables were $940,000, resulting in a Total Seller’s Discretionary Net Earnings of: $447,000

Exam rooms: 4, Exam Beds: 4, Waiting room: 1, Doctor Office, Computer Office, Lab: 1, Manager room, Reception area: 1, EKG Machines: 3, EMR Practice Infusion,

Business Operation

Reasons for selling:

retirement