Pediatric Clinic

Louisiana

Asking Price:	$750,000
EBITDA:	$205,322
Established Year:	2013

Gross Revenue:	$372,374
FF&E:	$6,458

Listing ID: 1922619Listing provided by BizBuySell

BUSINESS DESCRIPTION

Benchmark Business Brokers presents an established rural primary pediatrics healthcare provider. In 2020, the clinic had 2,551 patient visits ranging in age from birth to 21 years old. In addition to the pediatric practice, the clinic has a rental agreement with the Center for Counseling & Psychological resources that leases office space at the clinic's location.

Business services include well-baby & sick visits, vaccinations, physical examinations, medication refills and maintenance of chronic health issues. This clinic also practices Telehealth.

Clinic has steadily grown the top and bottom lines and reported an adjusted EBITDA of $205,322 for 2020.

Assets for sale include inventory - equipment, supplies, furniture & fixtures, computer equipment, intangible assets (name, webpage, domain name).

Marc L. Able is licensed by the Louisiana Real Estate Commission.
Broker - Coldwell Banker Group One Realty.
2120 Cypress St., West Monroe, LA. 71291.
Licensed in Louisiana.
Each office is independently owned and operated.

DETAILED INFORMATION

Location

Louisiana

Inventory

Not Included in asking price

Real Estate

Owned

Building SF

1,750

Employees

Furnitures, Fixture & Equipment(FF&E)

Included in Asking Price

Facilities

Clinic operated from a leased building until 2018 when it was relocated to the current location. Clinic currently operates in the building owned by the Seller. Seller prefers to sell the building and outbuilding which is also located on the property. Outbuilding has not been moved into but is ready to be utilized as nice storage, additional operations or a special Covid19 unit.

Competition

Clinic operates in a rural but populated area. Employees here are able to give better service and personal attention to the children as opposed to the one other competitor, a memorial hospital (medical center), which is a part of a larger system.

Growth & Expansion

Clinic participates in the Special Supplemental Nutrition Program for Women, Infants and Children (WIC) administered by the Louisiana Department of Health. This clinic could expand revenue and increase profits through telehealth which is the use of technology to provide health care to patients. Clinic provides telehealth services for specific medical care and behavioral healthcare as well.

Support & Training

Seller wishes to "stay on" as the pediatric nurse practitioner and is licensed by the Louisiana State Board of Nursing and is certified in the specialty of Pediatrics by the Pediatric Nurse Certification Board.

Reason for Selling

Seller wishes to practice the profession instead of "owning and operating".

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