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Medical Endocrinology Practice
Location: United States -> Maryland -> Rockville
Industry: Health and Medical > Medical Practices




Business Summary

For Sale - Endocrinology Practice with emphasis on Diabetes / Osteoporosis / Internal Medicine .

- Solo practice Montgomery County since 1994.
- High-end affluent clinic site w/ secondary satellite clinic in Suburban Montgomery County.
- Hospital privileges at 3 local major hospital centers, 3 major nursing homes.
- Approximately 1950 active patients. Patient database: 2600 patients.
- Ongoing 15-20 new patients average per week.
- 2004 gross billed in excess of 1 million with +/- 45% net collection per year. Significant additional income available w/local agencies, support groups, and pharmaceutical consulting services.
- 25% growth each year and includes potential of added related products and services to current core operations.
- Average total office expense: $181,000 per year.
- Recent office furniture renovations completed.
- Provides extensive exclusive Endocrinology services for 3 local area senior retirement homes.
- Health carriers & MCO's represent 79 companies with BC/BS, Medicare, Mamsi, Aetna as the biggest % of referral source.
- Office staff & manager can continue with practice as buyer may require.

Contact for more information on this Medical Endocrinology Practice business for sale.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $1,100,000
Cash Flow:   $500,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  1994
Number of Employees:  4 - 5
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Available.
Reason For Selling:  Death of physician.




Print Listing Id: 70020763


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Also See: Franchise Opportunities > Franchise Resales > Maryland Businesses For Sale > Maryland Franchises For Sale > Maryland Business Brokers



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