30 Year OB-Gyn Medical Practice For Sale - Doctor Retiring

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Background

BizEx ID:BizEx247-MS
General Location:Covina, CA
Category: Health, Medical & Dental
Years in Business:30
Under Present Owner:30
Hours of Operation:M-F 9-5
Owner Hours:M-F 9-5
Training:12 weeks @ 10 hours
Organization Type:
Lease Expiration:2014
Lease Options:5 Years
Building Size:1,600
Employees:3
Reason for Sale:Retirement

Financials

Asking Price:$49,000
Down Payment:$49,000
Gross Sales:$257,000
Discretionary Cash Flow:$106,000
FF&E:
Inventory Included?
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:$2
Payroll:$7
Financing:Call

2007 2008 2009
Gross Sales $ 273,540 $ 311,888 $ 257,687
Gross Profit $ 273,540 $ 311,888 $ 257,687
Disc. Earnings $ 105,000 $ 107,000 $ 64,000




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

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