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BUSINESS FOR SALE - PROFILE #
N717-JA |
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The business has considerable upside potential to
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Executive Summary
Urology practice established for 22 years in an upscale Orange County beach community with approximately 3,000 active files. Location is across the street from Laguna Woods (Leisure World). Owner sees an average of 300 patients per month. Weekend and vacation call is shared with three other Urologists. The owner accepts Medicare, PPOs and private pay. Revenues and net have been up in each of the past 3 years and 2009 receipts should be no exception. The doctor/owner has hospital privileges at 2 area hospitals and 3 surgicenters. The leased facility is on the first floor of a large medical facility with several referring doctors in the same office complex.
This opportunity is ideal for a doctor moving into the area who wants a turn-key medical practice in an upscale area of south Orange County. The business has considerable upside potential to a doctor who has special interest in more complex major surgeries; offers Cooled Thermo Therapy, Renessa and Boston Scientific Prolieve procedures; hires a nurse practitioner; and accepts HMO patients to earn a monthly capitation check. Excellent staff is in place – just bring your skills and energy. Doctor/Owner willing to assist buyer for an extended period if necessary. Pre-approved for SBA financing. General Information Year Established: 1987 Employees: An experienced back office/patient prep nurse, a billing/insurance/collections and a talented back office assistant for a total monthly salary of $7,100. Facility: 1,500 square foot facility, with 3 examination rooms, at a total monthly cost of $2,000, including CAM's. Lease expires in December, 2010.. Hours: 8 a.m. to 5 pm Monday through Friday with a 1 hour lunch Price Includes: All furniture, fixtures and equipment including flexible and rigid cystoscopes, bladder scan, autoclave, minor surgical instruments, no-scalpel vasectomy instruments. Inventory and supplies of approximately $3,500 not included. Support: Physician seller will provide transition support for 6 months to 1 year as desired by buyer. Reason Selling: Retirement Asking Price: $165,000 Gross Revenues: 343,600 Seller's Discretionary Earnings: 115,700 For more information on this business opportunity, please |
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* Adj. Cash Flow -
Recasting provides an economic view of the company and allows meaningful
comparison with other investment opportunities.
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DISCLAIMER: All information contained in this document has been
provided by the subject company or its agent, and while believed to
be correct has not been verified. Accordingly, we makes no
representations or warranties as to the accuracy and truthfulness of
such information. The recipient hereof acknowledges that we shall
not be liable for any loss or injury suffered by said recipient in
any way connected to the delivery by us of this document. At all
times we are an agent for the seller and not for the buyer unless a
specific agreement exists for us to act as the buyer's agent.
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