Popular Pediatric Clinic For Sale
Harris County, TX
| Asking Price: | $750,000 |
| Gross Revenue: | $1,489,606 |
| FF&E: | $45,000 |
| Cash Flow: | $470,000 |
| Rent: | $10,700 |
Listing ID: 2224151Listing provided by BizBuySell
BUSINESS DESCRIPTION
TRANSWORLD BUSINESS ADVISORS OF HOUSTON. LISTING REF # 76931-867962
This popular pediatric practice is located in the Memorial Hermann medical office building near a large and growing planned residential neighborhood. The lease is held by Memorial Hermann and will be assigned through its real estate division. All clinic payor contracts are through the Memorial Hermann system as well. The clinic’s patient demographic matches that of the nearby neighborhood, a very nice and new community that is located just South of the clinic. The owner currently doesn’t take Medicaid patients, relying solely on commercial insurance and cash.
DETAILED INFORMATION
Location
Harris County, TX
Inventory
Not Included in asking price
Real Estate
Leased
Employees
10
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Growth & Expansion
o High Demand for Pediatrics, growing area with fantastic demographics.
o Well-established referral network and a good location in busy Memorial Hermann medical office building.
o Opportunity for growth with a full-time MD, and/or additional providers.
o Opportunity for growth with expanded evening/weekend hours.
o Opportunity for growth by adding Medicaid patients.
Financing
Owner Financing Terms: $100,000.00 Owner Financing Interest: 8%
Support & Training
Number of Weeks Seller Will Offer Training: 1
Reason for Selling
Retirement
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