OB-GYN Practice w/ Plenty of Room for Growth

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Background

BizEx ID:BizEx498-MS
General Location:Simi Valley, CA
Category: Health, Medical & Dental
Years in Business:13
Under Present Owner:13
Hours of Operation:Mon-Friday
Owner Hours:
Training:2 weeks @ 20 hours
Organization Type:
Lease Expiration:Sept. 2012
Lease Options:
Building Size:
Employees:2
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?
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:$4,530
Payroll:$4,332
Financing:SBA

2011
Gross Sales $ 235,000
Gross Profit $ 197,000
Disc. Earnings $ 63,000




Mina Singson-Brightman
Business Broker / M&A Advisor
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (808) 797-3067 ext 125
Direct: (310) 734-6769
Lic#: 01866495




Jered Chapman
Business Broker
4551 Glencoe Ave., suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 129
Direct: (310) 699-1386
Lic#: 01878634

OFF MARKET

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations