Listing ID: 81376
Business Overview
This community medical clinic is a key healthcare provider to the region and services children and adults. They also offer express/urgent care services. The clinic has seen considerable growth since they first opened their doors in 2006. The facility has multiple exam rooms, a lead lined x-ray room along with a state-of-the-art digital x-ray machine. The doctors and staff are a compassionate and caring group. They treat patients like family and pride themselves on personalized care that goes beyond normal workday hours. The practice continues to grow based on word of mouth and their high level of service even without a concentrated marketing effort. They have built a clinic that maintains consistent year over year revenues and has become an integral part of the community. The real estate is also offered in this sale along with the medical practice, or the owners are willing to lease back.
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 Kurt Okraski at kurt@mabusinessadvisors.com to receive a confidentiality agreement and learn more about this opportunity.
Financial
- Asking Price: $999,000
- Cash Flow: $699,087
- Gross Revenue: $1,570,591
- EBITDA: N/A
- FF&E: N/A
- Inventory: $28,000
- Inventory Included: Yes
- Established: 2006
Detailed Information
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:4,192
- Lot Size:N/A
- Total Number of Employees:6
- Furniture, Fixtures and Equipment:N/A
Located in a newer business park area with room for expansion. Other healthcare-related businesses are close by. Office was built in 2006 and is located in a newer business park area with room on the lot for expansion. The building contains 8 exam rooms, multiple offices and a lead-lined x-ray room.
Training Amount/Length is Negotiable
Retiring
Main Competitors are other local health care providers: Banner Health, Renown & Northern NV Medical
Patient service offerings could be expanded to offer radiology exams as well as orthopedic and senior care.
Additional Info
The business was founded in 2006, making the business 16 years old.
The sale will include inventory valued at $28,000, which is included in the requested price.
The business has 6 employees and resides in a building with disclosed square footage of 4,192 sq ft.
The property is leased by the business for $6,500 per Month
Why is the Current Owner Selling The Business?
There are all types of reasons people resolve to sell companies. Nevertheless, the genuine factor and the one they tell you might be 2 completely different things. For instance, they may say "I have way too many other obligations" or "I am retiring". For lots of sellers, these factors stand. However, for some, these might just be excuses to attempt to hide the reality of changing demographics, increased competition, recent reduction in earnings, or a range of other reasons. This is why it is extremely vital that you not depend completely on a vendor's word, yet instead, use the seller's solution combined with your overall due diligence. This will paint a more sensible image of the business's existing situation.
Existing Debts and Future Obligations
If the existing entity is in debt, which many companies are, then you will need to consider this when valuating/preparing your deal. Many operating businesses finance loans in order to cover items like supplies, payroll, accounts payable, and so on. Keep in mind that sometimes this can indicate that earnings margins are too small. Lots of organisations fall under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may additionally be future obligations 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 suppliers that have to be fulfilled or may lead to charges if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Just how do businesses in the area attract brand-new customers? Many times, businesses have repeat clients, which develop the core of their daily revenues. Specific elements such as brand-new competitors growing up around the area, roadway building, and also personnel turn over can influence repeat customers and adversely influence future revenues. One vital point to think about is the area of the business. Is it in a highly trafficked shopping mall, or is it concealed from the main road? Certainly, the more individuals that see the business regularly, the greater the opportunity to build a returning customer base. A last thought is the basic area demographics. Is the business situated in a largely inhabited city, or is it located on the outside border of town? Just how might the regional average household earnings impact future earnings potential?
