Caring for the Future - Established Pediatric Practice Available
Asking Price: | $100,000 |
Gross Revenue: | $163,200 |
EBITDA: | $70,900 |
Cash Flow: | $72,200 |
Inventory: | $5,000 |
FF&E: | $15,000 |
Exceptionally profitable pediatric practice serving patients in Kane and northwest suburban Cook County. The well-respected and beloved doctor here has treated over 20,000 patients since establishing this practice in 1984. Now retiring, this doctor is willing to train and consult with new owners to ensure a smooth transition for patients and doctors. This is a perfect opportunity for someone looking to start or expand their practice with this turnkey pediatric medicine business. In addition to the medical practice, the medical office condo is also available for purchase.
Office includes:
• Approximately 1000 sf in total.
• Rooms include:
o Waiting area
o Receptionist area (with sliding glass window to receptionist area).
o Auxiliary room
o Kitchen
o Doctor’s office
o Two similar sized examining rooms
o 2 restrooms
This pediatric practice has served over 20,000 patients since first opening its doors at this location in 1984. The retiring doctor has built a well-respected practice in this historic northwest suburban community outside of Chicago.
While access to medical care in this area is generally good, there is ample opportunity for growth, given nearly 28% of the local population is under the age of 18. For example, doing simple things such as building a website, leveraging social media and building relations with the local schools, parks districts and community organizations can raise the practice's visibility and attract new patients.
The current,retiring pediatrician has focused his efforts on serving existing patients. With nearly 28% of the local population under the age of 18, there's significant opportunity to take this business to another level by raising its visibility with local parents and families by creating a website, leveraging social media and building relationships with local schools, park districts and other community organizations.