Established Pediatric Practice

Houston, TX
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Asking Price:$695,000
Gross Revenue:$903,000
Established Year:2009
Cash Flow:$350,000
EBITDA:$350,000
BUSINESS DESCRIPTION

Very Profitable - Houston Area

Established in 2009, this single doctor pediatric practice has been successfully serving the southeast Houston metropolitan area for 15 years. This is a multi-location practice with a main office and second satellite location approximately 5 miles away. The Physician practices during normal business hours at the main location, along with 3 staff members. The satellite location's operations are managed by a Pediatric Nurse Practitioner and 2 staff members.

In addition to being well established, there is a fantastic opportunity to rapidly grow patient count and revenue. The current Physician has not been advertising or marketing to new patients in anticipation of retirement.

The main office is strategically located in a medical district which is served by a variety of medical practices and service providers. The location naturally lends itself to patient traffic, as well as additional patient count opportunities through co-marketing with the surrounding medical service businesses.

The practice is located on the 1st floor of a 2 story office building , which is owned by the Physician. Depending on the Buyer preference, the building is available for sale or for longterm lease, along with the sale of the practice. There are currently 2 other tenants in the building and a small vacant space.

The wider geographic area in which these practices are located consists of southeast Houston, Houston, Pasadena, Clear Lake, La Porte, Deer Park and Baytown.

***The listed Revenue and Cash Flow (Owner's Discretionary Income) is based on a 3-year historical average***


DETAILED INFORMATION
Location
Houston, TX
Inventory
Not Included in asking price
Real Estate
Owned
Employees
7
Reason for Selling
Retirement
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Brian Dowling
Brian Dowling