Business Overview

You do not have to be a physician to own an Urgent Care!

Must have licensed professionals on staff in accordance with state law.

Cash Flow represents what a working doctor would earn.

EBITDA would be earnings after replacing the main doctor. Still, very nice, impressive cash flow.

The owner retiring is a licensed physician and will need to be replaced.
Great team in place. Amazing lifestyle and schedule.

Text 813.571.7700 for the quickest response.

We are required to collect NDA, proof of ID, and Evidence of Funds, please confirm if this is a licensed doctor or other. Thanks for helping us keep in compliance.

Financial

  • Asking Price: $795,000
  • Cash Flow: $407,643
  • Gross Revenue: $1,057,311
  • EBITDA: $212,543
  • FF&E: $75,000
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2005

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:4
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Great location. Leased. Freestanding. In great shape. Great visibility.

Is Support & Training Included:

Thirty days of transition time.

Purpose For Selling:

Retiring.

Pros and Cons:

Several key advantages

Opportunities and Growth:

The owner does little marketing. Bring your skills and see what upward growth can be.

Additional Info

The business was established in 2005, making the business 17 years old.

The business has 4 employees and is located in a building with approx. square footage of N/A sq ft.
The property is leased by the company for $3,000 per Month

Why is the Current Owner Selling The Business?

There are all kinds of reasons why people choose to sell companies. Nonetheless, the real reason vs the one they tell you may be 2 totally different things. For instance, they might say "I have a lot of various commitments" or "I am retiring". For lots of sellers, these reasons stand. However, for some, these may simply be excuses to try to conceal the reality of transforming demographics, increased competition, recent reduction in incomes, or a range of other factors. This is why it is extremely important that you not rely entirely on a seller's word, yet rather, use the vendor's solution along with your overall due diligence. This will paint an extra sensible image of the business's current circumstance.

Existing Debts and Future Obligations

If the existing entity is in debt, which numerous businesses are, then you will certainly need to consider this when valuating/preparing your deal. Many companies finance loans in order to cover items such as inventory, payroll, accounts payable, so on and so forth. Keep in mind that in some cases this can imply that profit margins are too small. Numerous businesses fall under a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may also be future commitments to think about. There might be an outstanding lease on tools or the building where the business resides. The business may have existing agreements with vendors that must be satisfied or may cause charges if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Just how do businesses in the location attract brand-new clients? Many times, operating businesses have repeat customers, which create the core of their everyday revenues. Certain aspects such as new competitors growing up around the area, roadway construction, and employee turn over can influence repeat clients and negatively impact future profits. One crucial point to consider is the placement of the business. Is it in a very trafficked shopping center, or is it hidden from the highway? Clearly, the more individuals that see the business on a regular basis, the greater the opportunity to construct a returning client base. A last thought is the basic location demographics. Is the business placed in a largely inhabited city, or is it located on the outskirts of town? Just how might the regional average household income influence future earnings prospects?