Business For Sale Listing 105585
Methadone Rehabilitation Medical Clinic
Status as of Jul-2-2009 at 06:18 PM: Sold!
Business Summary
Methadone Rehabilitation and Medical Clinic founded in 1998. This Medical Clinic is an Opioid Treatment Program designed to provide rehabilitation and medical support to persons addicted to Opioid drugs. The Clinic is open from 6:00 AM to 11:00 AM. The great upside for this business is that the new owners could extend the hours from 6:00 AM to 2:00 PM and increase business, revenues and profits. The clinic has just picked up 200 new patients from a failing clinic. The clinic now serves 480+/- patients (280 on as Cash basis, 200 Federal. State Funded). A satellite clinic is now open to serve the new 200 patients.
The Clinic employs 1 Medical Doctor, 1 Program Director, 1 Pharmacist, 3 Nurses (LPN dispenses the Methadone), 3 Counselors (who carry 95% of the patient load), and 2 Administrative Assistants. There are three owners, two are nurses and are involved with clinical services. The satellite clinic will have about the same work force.
Reaccredidation will be due on October 2007. Clinic is in good standing with all agencies.
Facility (Clinic) is leased.
Location: Southwest
Revenues: $1,200,000
Profit: At least half of the Revenues are Profit. The only adjustment to this figure is a $1,000 monthly vehicle allowance and a $ $200 dining allowance.
Asking Price: Not Disclosed.
The owners are willing to stay for one year, to help with the transition of ownership.
We are compensated by the Seller.
Categories
Industry
Location
Financials
| Sales: |
Between $500 Thousand And $1 Million ($1,200,000.00) |
| Profits: |
Between $500 Thousand and $1 Million ($500+/-) |
| Profit Type: |
Not Disclosed |
| Asking Price: |
Between $1 Million and $2.5 Million |
