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Business For Sale Listing #BFS-151588:

Magical & Wonderful Pediatric Practice

Industry

Sector: Health Care
Industry: Medical Practices

Location

Classification: US // Pacific // California
Location: Riverside County
Relocatable: No

Financials

Sales: Between $1 Million And $2.5 Million   ($1,983,587)
Profits: Between $100 Thousand and $500 Thousand   ($320,975)
Profit Type: Seller's Discretionary Cash Flow (SDCF)
Asking Price: Between $500 Thousand and $1 Million   ($1,000,000)

Business Summary

Step into this Pediatric practice with a spring in your step, as you are entering another world, one of love and caring and healthy solutions! This Highly regarded Pediatric Practice is Ready for you to Join in and Enjoy the Loyalty and relationships earned through a lifetime of tender loving care to the patients and community!! The TLC and attention to detail offered by the staff keeps the patients happy, and leads to many referrals from the patients, local hospitals, local OBGYN's and overflowing waiting rooms of some competitors.

The retirement age Seller may stay on for a transitional period to help the new owner, and plans then to lecture at medical schools and travel. Other staff consists of two pediatric physicians, three pediatric nurse-practitioners, nurses, office staff, and administrative personnel that totals thirteen including the Owner and his spouse that comes in part time now that she is retired.

Practice has been established for 44 years, 25 under the current owner. The 3396 sq foot facility is set up to accommodate the busy schedules of four clinitians all day, with a patient capacity of up to comfortably up to ninety patients per day. Patient base is made up of approximately 50% HMO, with the balance of patients PPO and some pay as you go patients.

Landlord is very happy with the practice as it enhances the quality of life for the community and this landlord prizes the quality of life and services offered in the landlord's area of service. Landlord is a foundation, and has made recent improvements to the building and space that benefit the practice. Unlimited parking is available in the spacious lot bordering the neat, comfortable complex of buildings where the practice is located. The practice also near a major university campus and this enhances the quality of life for those that are interested in University activities. The current lease ends 7-31-2011.

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