N. California Independent Semi-Absentee Owned Medical Center - SC2198
Asking Price: | $549,000 |
Gross Revenue: | $1,100,000 |
Rent: | $3,500/Month |
FF&E: | $100,000 |
Cash Flow: | $180,000 |
Inventory: | $20,000 |
EBITDA: | $150,000 |
Established Year: | 1987 |
Established and Independent Semi-Absentee Owned Medical Center - SC2198
Northern California Independent Semi-Absentee Owned Medical Center - SC2198
Financial Information
Asking Price: $549,000
Cash Flow: $180,000
Gross Revenue: $1,100,000
Down Payment: $549,000
Financing: Yes
This Northern Californian Semi-Absentee Owned Medical Center is a California Sub-Chapter S Corporation that has been in existence for 37 years. Located in Northern California, they provide medical center services, and urgent care services that service non-life-threatening conditions that require prompt attention (e.g., minor injuries, infections, etc.). A medical center typically offers a wide variety of healthcare services to address various medical needs. While mostly provide primary care services (general medicine, family medicine and preventative care), specialty care services can be offered which include cardiology, orthopedics and endocrinology along with pediatrics. Diagnostic services such as laboratory testing can also be provided. It is all dependent on the staffing of the physicians and nurses at the facility and their areas of expertise. The current owner is a doctor and works only a few days a week, and there is a full staff to handle all the other needs of the patients at the facility.
Business Location
City: Northern California
State: California
Financing Comments
Seller financing may be available to Buyer not to exceed 25% of the purchase price. The amount financed by the Seller will depend on the offered purchase price for the business and the quality of the Buyer.
Reason for Sale
The reason for selling is the Seller would like to retire.
Detailed information
Year Established: 1987
Home Based: No
Franchise: No
Relocatable: No
Lender Prequalified: No
SBA Prequalified: No
Full-Time Employees: 5
Part-Time Employees: 2
Contractors: N/A
Owner Worked Hours/w: 15
Adjusted EBITDA: $150,000
Inventory Included: Yes
Inventory Value: $20,000
Monthly Rent: $3,500
Real Estate Available: No
Real Estate Included: No
Real Estate Value: N/A
Building Size: 2000
FF&E Included?: Yes
FF&E Value: $100,000
Training/Support
The Seller is willing to train the new Owner for up to 4 weeks at 20 hours per week. Additional training from the Seller may be available at mutually agreed upon compensation from the Buyer to the Seller.
Market Outlook/Competition
The U.S. hospital facilities market size was valued at $1,411.7 Billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 7.7% from 2023 to 2030. The growing impetus for better patient care and the entry of novel healthcare technology is expected to increase the demand for well-equipped hospitals in the coming years.
CA 02100708
NV 1003039