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Medical Cardiovascular Heart Practice - Sale Pending

Location: MIDWEST

ID: (#200961)

200961
Price:Contact Broker
Revenue:$5,572,163
Cash Flow:$2,550,000
FF&E (Assets):$190,000
Inventory:$0
Real Estate:$0

Overview

Well Established Medical Practice with growth opportunities. Company has long standing reputation for strong patient relationships and patient care. Current ownership is retiring. Patient care is at its highest. Sales Revenue is growing nearly 10% year over year, while demand in the local market continues to rise.

Details

Reason for Selling:

Retirement

Established:

2009

Employees:

20

Furniture, Fixtures, and Equipment (FF&E):

Laptops, Furniture, Fixtures, Software, and Office Equipment

Facilities:

None

Inventory:

None

Competition:

Company has not implemented a formal Marketing Plan. Competition is limited within the area due to the firm's long standing reputation within the community.

Opportunities for Growth:

3 year Avg Sales Revenue growth is documented at 7.7% while Earnings and Sales Revenue have been growing at accelerated rates compared to other similar firms within the industry. Expansion continues to provide opportunities within the area due to an aging population and strong local economic indicators.

Support and Training

Seller is available for training and development of new buyer for a reasonable amount of time.

Broker Contact Information

  • Nebraska - Omaha
  • By Appointment Only
  • 7914 W Dodge Ste 253
  • Omaha, Nebraska 68114
  • Real Estate Broker: