Asthma & Allergy & Immunology Practice

New Hampshire
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Asking Price:$295,000
Gross Revenue:$590,000
Established Year:1983
Cash Flow:$250,000
Real Estate:$125,000
BUSINESS DESCRIPTION

Establoished for over 40 years, this Seacoast region medical practice focused on asthma, allergies and immunology and has been profitable from day 1. They serve approximately 400 active patients throughout NH, ME and VT. This is a turnkey operation that includes trained staff that require minimal supervision. Treatment plans are ongoing with patients having weekly, monthly, and quarterly visits depending on their needs. Services include comprehensive allergy skin testing, lung function, biological therapy and more. The industry is poised to grow with more people are getting allergies and asthma due to global warming and air pollution. Patients come through referrals from PCPs, ENTs, GIs, existing patients and hospitals. In addition to the owner/physician, there is a nurse practitioner responsible for approximately 40% of the revenue who would stay with the practice after the sale. They own and operate out of a condo office that is available for sale with the practice.


DETAILED INFORMATION
Location
New Hampshire
Inventory
Not Included in asking price
Real Estate
Owned
Building SF
1,500
Employees
3
Facilities
The office is conveniently located to serve patients in the state of NH.
Competition
They are one of only a few AAI specialists in the state of NH. Demand for treatment in these areas continues to grow.
Growth & Expansion
The practice has a 2 month backlog for an appointment so there is plenty of room for expansion. They do not do any marketing so adding a program would generate demand.
Support & Training
The seller will help the buyer to ensure a smooth transition.
Reason for Selling
Retirement
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Lincoln
Taylor
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Lincoln Taylor