Cardiology Practice For Sale (Palm Beach County)

Palm Beach County, FL
listing image
Asking Price:$795,000
Gross Revenue:$1,296,000
Real Estate:$795,000
Cash Flow:$600,000
EBITDA:$300,000
Established Year:1990
BUSINESS DESCRIPTION

$1.3MM Collections with $600K+ Cash Flow

This is a rare opportunity to own a well-established Cardiology Practice in the heart of Palm Beach County, Fl.

The current owner has been thriving at this location and collected $1.3 Million in 2023 with over $600K in Owner's Cash Flow.

The practice is located in a 2000 SF stand-alone building consisting of 4 Exam rooms and great visibility on a major thoroughfare.

Collections Trend:

2023 - $1.29MM

2022 - $1.14MM

2021 - $1.01MM

Our Seller is willing to assist a new owner in a 6 - 12 month transitions while taking over their client base and esteemed reputation in the local community.

This is an attractive opportunity for a cardiologist looking to own their own practice and build their net worth through practice and real estate ownership.

This practice is attractively priced at $795,000.

The real estate is also available for sale or lease.


DETAILED INFORMATION
Location
Palm Beach County, FL
Inventory
Not Included in asking price
Real Estate
Owned
Building SF
2,000
Employees
5
Facilities
2000 SF Stand-Alone Building w/ 4 Exam Rooms. Great Visibility on main thoroughfare.
Financing
Pre-Approved With BofA Practice Solutions for Practice & CRE Acquistion
Support & Training
Seller willing to transition in new owner and stay on for 6 - 12 months.
Reason for Selling
Retiring
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MICHAEL FURLONG
MICHAEL FURLONG