$1.2M Revenue/$800K Profit Medical Practice

Broward County, FL

Seller Financing Available

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Asking Price:$3,000,000
Gross Revenue:$1,203,705
Rent:$2,033.75
Established Year:2006
Cash Flow:$726,763
Inventory:$2,400
FF&E:$44,453
BUSINESS DESCRIPTION

Medical Practice, registered pain management clinic with the Florida Department of Health. Manager and Compliance officer in place, current physician works 10 hours a month, excellent growth potential for anyone willing to work more hours, Seller is willing to stay up to 6 months to help with a smooth transition and hiring of a doctor if needed. If Buyer is not a physician must be certified by ACHA. NDA and Proof of funds required.


DETAILED INFORMATION
Location
Broward County, FL
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,100
Lease Expiration
30/06/2024
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Facilities: 2 story 4 unit building, 4/medical offices on 1st floor and residences on 2nd. Zoned for medical and residential. FF&E Overview: Medical equipment see list FF&E General Condition: Working Order
Competition
The practice has grown by word-of-mouth and there is no website or advertising done.
Growth & Expansion
The Doctor works 10 workdays per month, ending daily at noon. There is plenty of room for growth.
Financing
Owner Terms:$300,000.00 Interest:5% Term Months:12 Monthly Payment:$25,682.24
Support & Training
Number of Weeks Seller Will Offer Training: 1
Reason for Selling
Other Interest non medical
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Fatima
Grady
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Fatima Grady