Medical Practice

Chestertown, MD
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Asking Price:$495,000
Gross Revenue:$1,150,000
FF&E:$50,000
Cash Flow:$230,000
Rent:$2,500/Month
Established Year:1998
BUSINESS DESCRIPTION

This successful medical practice has operated under the leadership of its primary Cardiologist Doctor for over 20 years and has the same core staff since 1998. Services now include several on-site procedures and a wide variety of cardiac and primary care, with imaging and clinical to serve patient needs. Accepts Aetna, Americgroup, Care First Blue Cross, Cigna, CMS Medicare, Priority Partners, University of Maryland Health Providers, and others. Has two Nurse Practitioner on staff plus 30 years experienced Doctor as well.


DETAILED INFORMATION
Location
Chestertown, MD
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,000
Lease Expiration
31/12/2025
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Financing
$195,000 is financed for 48 months at 7%.
Support & Training
2 weeks at no cost.
Reason for Selling
Retirement
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Frank
Feiler
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Frank Feiler