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Business for Sale Summary

Physician Practice For Sale In Maryland - 35231

Business Type: seller financing available,health/medical/dental practices
Owner Financing
Physician Practice For Sale In Maryland
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This business has received 16 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $935,000 Down Payment $810,000
Gross Revenues $762,000 Lease Remaining Register Free to View
Owner’s Cash Flow $286,000 Number of FT Employees Register Free to View

Financing

$810,000 Down and $125, 000 , 6% over 36 months

Business Description

ATTENTION ALL DOCTORS: Here's a once in a lifetime opportunity for an experienced doctor to own a booming practice for only $125,000 down! Stand alone or add this practice to your existing health business. Dynamic Maryland primary care practice in operation over 15 years provides the best of conventional medicine and quality care with superior personalized healthcare and lifestyle modification. With a base of 15,000 patients, the practice has over 10,000 active patients. Patient demographics are primarily female patients ages 40 -75 with upper middle class income, majority government and state employees. The revenue mix is: Carefirst BC/BS PCMH - 44%; Self pay -14%; Medicare -13%; Maryland Medicaid -10%; UHC -7%; Aetna -7%; CIGNA - 5%. Much potential for growth - as office does no marketing, word of mouth only. 1 Provider FTE currently covering the practice, but office has capacity for 2 providers. New owner can ramp up to 1.5 FTE in a short time with current base patient engagement efforts. Implementation of quality measures affording special rates with Carefirst BC/BS can also be expanded to increase revenue . Practice has 4 exam rooms and there are 9 years left on the assignable lease. SBA verifiable numbers and current owner is willing to provide seller financing for qualified buyers. Contact Sheree Jones at 301-440-1114 to discuss this opportunity TODAY.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.