Private Psychiatric Medical Office in Los Angeles, CA

Los Angeles, CA
listing image
Asking Price:$70,000
Gross Revenue:$120,000
Rent:$1,795.55/Month
Cash Flow:$150,000
Inventory:$20,000
Established Year:1981
BUSINESS DESCRIPTION

Over 30 years of practice as a psychiatrist in Koreatown, Los Angeles, CA. Looking for a MD who is fluent in both Korean and English and would like to take over the practice. Selling due to Dr retiring.


DETAILED INFORMATION
Location
Los Angeles, CA
Inventory
Included in asking price
Real Estate
Leased
Building SF
500
Employees
1
Facilities
Lease ends in 9/2024 and renewed yearly.
Competition
Business is in a prime location of Koreatown Los Angeles. MD has been in the medical field for more than 30 years with over 1000+ patients.
Growth & Expansion
It will be a great opportunity for a doctor who is looking to open up their own private psychiatric practice and obtain additional income.
Support & Training
As we are a psychiatric facility, buyer must have enough experience in the psychiatric field to take over patients. Will train for e-rx
Reason for Selling
Retiring
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Christopher Chung
Christopher Chung