Listing ID: 80466
Booming Five -year Urgent and Family Care practice fully staffed and well equipped located in NE
Metro Atlanta Market. They provide General Health Services, Prevention, Wellness, and Immunizations, Work/School/Travel Exams, and Procedures. Most insurance plans are accepted.
The center is located on one of the most highly traveled roads in NE, the practice gathered their patients only by being visible to the people passing by and word-of-mouth. This should be easy to grow for the right buyer. There has not been much of an active marketing campaign as the business doesn’t have long-time working website.
The center is growing rapidly and doing over 50 (sometimes 70) patients per day.
- Asking Price: $1,200,000
- Cash Flow: $700,000
- Gross Revenue: $1,000,000
- EBITDA: $732,000
- FF&E: $110,000
- Inventory: $35,000
- Inventory Included: N/A
- Established: 2018
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:4,300
- Lot Size:N/A
- Total Number of Employees:9
- Furniture, Fixtures and Equipment:N/A
Stand-alone leased building.
Seller is moving to Texas
Not much in this area
Diversity in patients, advertising and the demographic alone is driving demand.
The company was founded in 2018, making the business 4 years old.
The sale doesn't include inventory valued at $35,000*, which ins't included in the suggested price.
The business has 9 employees and resides in a building with approx. square footage of 4,300 sq ft.
The building is leased by the company for $4,500 per Month
Why is the Current Owner Selling The Business?
There are all types of reasons why people decide to sell companies. Nonetheless, the true factor vs the one they tell you might be 2 absolutely different things. For instance, they might state "I have a lot of other obligations" or "I am retiring". For many sellers, these reasons are valid. However, for some, these may simply be excuses to try to hide the reality of altering demographics, increased competition, current reduction in earnings, or an array of various other factors. This is why it is extremely vital that you not count absolutely on a seller's word, yet rather, utilize the seller's response along with your overall due diligence. This will repaint a more sensible picture of the business's existing scenario.
Existing Debts and Future Obligations
If the current entity is in debt, which many businesses are, then you will certainly have reason to consider this when valuating/preparing your offer. Numerous companies finance loans in order to cover items such as inventory, payroll, accounts payable, etc. Bear in mind that in some cases this can mean that earnings margins are too tight. Lots of businesses come under a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may likewise be future obligations to think about. There may be an outstanding lease on tools or the building where the business resides. The business may have existing agreements with vendors that should be satisfied or may result in penalties if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Just how do businesses in the location draw in new clients? Often times, companies have repeat clients, which create the core of their daily revenues. Particular elements such as new competition growing up around the location, roadway building, and also employee turn over can impact repeat consumers as well as adversely affect future revenues. One vital thing to think about is the placement of the business. Is it in a very trafficked shopping center, or is it concealed from the highway? Obviously, the more people that see the business often, the higher the possibility to build a returning consumer base. A last thought is the basic location demographics. Is the business placed in a largely inhabited city, or is it located on the edge of town? How might the local median household earnings impact future earnings prospects?