BizEx498-MS: OB-GYN Practice w/ Plenty of Room for Growth
Background:
General Location:
Simi Valley, CA
Category:
Services > Health, Medical & Dental Services > Health, Medical & Dental
Years in Business:
13
Under Present Owner:
13
Hours of Operation:
Mon-Friday
Owner Hours:
Training:
2 weeks, 20 hours/week
Organization Type:
Sole Proprietor
Lease Expiration:
September 30, 2012
Lease Options:
Building Size:
call
Employees:
2 FT
Reason for Sale:
Relocation out of state
Financials
Asking Price:
$99,000
Down Payment:
$99,000
Gross Sales:
$235,000
Discretionary Cash Flow:
$63,000
FF&E:
$ 60,000
Inventory Included?
No
Inventory:
Call
Minimum Operating Capital:
Call
Real Estate Available?
No
Real Estate Asking Price:
N/A
Rent:
$ 4,530/month
Payroll:
$ 4,333 /month
Financing:
SBA
2011
Gross Sales
235,000
Gross Profit
197,000
Disc. Earnings
63,000
* YTD as of , ** = Prorated.
Broker Info
Mina Singson
Business Broker
(310) 882-2200 ext 125
LIC# 01866495
Jered Chapman
Business Broker
(310) 882-2200 ext 129
LIC# 01878634
Summary
SBA Pre-Approved OB-Gyn Practice. Priced aggressively to sell immediately.
Solid medical practice with over 3000 active patients! Established 13 years ago, this practice continues to grow and has a lot of room for expansion.
Doctor is affliated with 2 major hospitals in Thousand Oaks.
Asking for only $99,000. Price includes an EMR software that is fully paid. Cost of this software alone is $50,000.
Doctor will relocate out of state and is highly motivated. This is a great opportunity for new doctors or experienced physicians who want a promising private practice.
Call Mina Singson now at 310-882-2200 x 125 or Jered Chapman at ext 129 for more information. For faster response, please register and complete NDA at www.bizex.net.
DISCLAIMER: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its
accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting
interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.
