Wilmington NC Family Medical Practice

Wilmington, NC

Seller Financing Available

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Sale Pending
Asking Price:$199,000
Rent:$3,300
Established Year:2007
Gross Revenue:$460,000
FF&E:$50,000
BUSINESS DESCRIPTION

Located in the fast growing New Hanover County NC. This is a practice that is perfect for a doctor or mid level provider that is looking to own their own practice. The practice sees walk-in patients as well as established primary care patients. The practice also has established occupational medicine clients. The practice could easily be expanded by adding an additional medical provider. The market demand would support two providers easily. This is a tremendous opportunity to purchase a practice with tremendous growth potential.


DETAILED INFORMATION
Location
Wilmington, NC
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,500
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The practice space is 2500 sq ft and currently has 3 exams rooms, lab, bathroom and 3 offices (1 of which is being rented to a nurse that provides specific medical services to veterans). There is adequate room to expand the number of exam rooms to support an additional provider.
Competition
The Wilmington NC market is a very fast growing market with the need for additional primary care providers. There is a strong demand in the market for practices that are accepting new patients
Growth & Expansion
The addition of another medical provider and the addition of other services such as cosmetic and weight loss services would greatly enhance revenue.
Support & Training
The owner will stay on for a maximum of 12 months under an employment contract
Reason for Selling
Retirement
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Rob
Norris
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Rob Norris