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BUSINESS FOR SALE - PROFILE #  N717-JA

The business has considerable upside potential to
Leisure World

Asking Price: $350,000   Down Payment: $350,000  
Gross Revenue: $343,600   Adj. Cash Flow*: $115,700  
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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

Acquisition Highlights

  • Financing Information:  Pre-approved for SBA financing
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 1987 Inventory: $3,500
Employees: 4 Furniture, Fixtures & Equipment: Included
Lease/Rent: $2,000 Real Estate:
Building Sq Ft: 1500
    Total Assets Included in Sale:
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
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.

FOR MORE INFORMATION:

Contact:  D. Joe Atchison
Phone:  (951) 277-4002
Fax:  (951) 277-4003
E-mail:  j.atchison@sunbeltnetwork.com
Sunbelt Business Brokers Riverside
9036 Pulsar Court, Suite J
Wildrose Business Park
Corona, CA 92883
The above company and/or agent is a licensed real estate broker/and or a business broker.
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