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Listed by:

Transworld Business Advisors of Zion

Very Busy Medical Clinic In Illinois For Sale

Cook County, Illinois, US
Asking Price:
$1,239,900 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,188,651
Cash Flow:
$519,480

Very Busy Medical Clinic / General Family Medicine

*Seller willing to entertain 30% seller financing with strong offer and if buyer is the physician to operate the clinic.

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.

Five medical support staff separate from the Physician, and two administrative support staff.

Services include but not limited to: EKG & inhouse 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/Receivables were $1,115,000 resulting in a Total Seller’s Discretionary Net Earnings of: $543,000
2021 Billings/Receivables were $1,053,000 resulting in a Total Seller’s Discretionary Net Earnings of: $507,000
2020 Billings/Receivables were $947,000 resulting in a Total Seller’s Discretionary Net Earnings of: $432,000
2019 Billings/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: 1, Computer Office: 1, Lab: 1, Manager room: 1, Reception area: 1, EKG Machines: 3, EMR Practice Infusion,

Business Operation

Reasons for selling:

retirement

Employees:
7

Other Information

Support & training:

Training Support Included

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

Owner Terms:$310,000.00 Interest:7% Term Months:36