Internal Medicine Practice For Sale

www.GlobalBX.com

Listing ID: 700117517

Listing Title: Internal Medicine Practice For Sale

Quick Link: http://www.globalbx.com/listing.asp?bId=117517

Industry: Health and Medical

Industry Segment: Medical Practices

Country: United States

State / Province: New Jersey

Area

City: Millville

Asking Price Range: < $250K

Gross Revenues: $900,000

Cash Flow: $400,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 1977

Number of Employees: 6 - 9

Business Description:
INTERNAL MEDICINE practice for sale. Established for 30+ years in a suburban area which is currently experiencing high growth. The office is located in an office condo which has approximately 2,500 sq.ft. including 5 exam rooms, a lab room, and a cardiac procedure room. The doctor has 2,000 active charts; sees about 600 pts/ month, 30 of which are new. Patients are mostly referred by other patients, doctors and associations. The practice also has a high income from Ancillary tests; it accepts 95% Fee for Service. Seller gets 5-6 weeks of vacation per year. Grosses $800k+. Owner is relocating, must sell fast, asking less than $200,000 Will negotiate on price. For additional price, can negotiate sale of building as well.



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