Business Overview

Highly profitable, well established Orthopedic practice for Sale with an excellent reputation and a dedicated, well-trained staff. This practice is well known throughout Southern California caring for patients from San Diego, Orange County, Riverside, and Los Angeles Counties.

The office is located in the heart of a desirable community of San Diego with a great location in a high-traffic area with ample parking.

Provides digital X-rays, ultrasound, Injections (Visco supplementation, platelet-rich plasma, and corticosteroid injections.) Manipulations, casting, splinting and numerous surgical procedures.

The business maintains a strong website presence and thousands of patients in their active database. Accepts worker’s compensation, private insurance, attorney referrals, military base referrals and word of mouth. Workers Compensation makes up the largest percentage of insurance.

Per the Seller, this practice currently has more referrals than it can accommodate at the present time. There are contractual agreements for the Workers’ Compensation Carriers.

Please note this is a confidential matter and no additional information will be provided until a Confidentiality Agreement and background information has been submitted. Please hit the reply button or the Contact Seller button or email CJ Johnston at Cj@mabusinessadvisors.com or call (619) 300 – 8000 to receive a confidentiality agreement and to learn more about this opportunity.

Financial

  • Asking Price: $1,800,000
  • Cash Flow: $770,715
  • Gross Revenue: $1,374,970
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: Yes
  • Established: 1997

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:6
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Medical office space in multi-tenant building with sufficient parking.

Is Support & Training Included:

Seller will provide training at no cost to buyer

Purpose For Selling:

Seller would like more time for family & friends

Opportunities and Growth:

Hiring other physicians, another orthopedic surgeon interested in total joint replacement, and a physical therapist would increase income to the practice. The office has adequate space and capability.

Additional Info

The business was established in 1997, making the business 25 years old.

The business has 6 employees and resides in a building with estimated square footage of N/A sq ft.
The building is leased by the company for $7,450 per Month

Why is the Current Owner Selling The Business?

There are all kinds of reasons people choose to sell companies. However, the true factor vs the one they say to you may be 2 entirely different things. As an example, they may claim "I have a lot of various commitments" or "I am retiring". For lots of sellers, these reasons stand. However, for some, these may just be excuses to attempt to hide the reality of transforming demographics, increased competitors, recent decrease in revenues, or an array of other reasons. This is why it is extremely essential that you not count totally on a seller's word, however instead, utilize the vendor's response along with your overall due diligence. This will repaint a much more practical image of the business's current circumstance.

Existing Debts and Future Obligations

If the current business is in debt, which numerous companies are, then you will certainly have reason to consider this when valuating/preparing your deal. Numerous operating businesses take out loans with the purpose of covering things such as supplies, payroll, accounts payable, so on and so forth. Keep in mind that occasionally this can imply that revenue margins are too small. Lots of businesses fall under a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may additionally be future commitments to take into consideration. There might be an outstanding lease on tools or the building where the business resides. The business might have existing agreements with vendors that must be met or might cause fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do businesses in the area draw in new consumers? Often times, operating businesses have repeat clients, which develop the core of their everyday profits. Certain factors such as new competition growing up around the area, roadway building and construction, and also staff turn over can impact repeat consumers and negatively influence future incomes. One essential thing to take into consideration is the location of the business. Is it in a very trafficked shopping center, or is it hidden from the main road? Certainly, the more people that see the business on a regular basis, the greater the chance to build a returning client base. A final idea is the basic location demographics. Is the business placed in a largely populated city, or is it located on the edge of town? Just how might the regional mean household earnings effect future income potential?