BUSINESS FOR SALE
Established Urology Practice – South Orange County
Business type:
Ambulatory Health Care Services - Offices of Physicians - Offices of Physicians (except Mental Health Specialists) - Urologists' offices (e.g., centers, clinics)
Description:
Urology practice established for 22 years in an upscale Orange County beach community with approximately 3,000 active files. Location is near Laguna Woods (Leisure World). Owner sees an average of 300 patients per month. Weekend and vacation call is shared with three other Urologists. The owner accepts Medicare, PPOs and private pay. Revenues and net have been up in each of the past 3 years. The doctor/owner has hospital privileges at 2 area hospitals and 3 surgicenters. The leased facility is on the first floor of a large medical facility with several referring doctors in the same office complex.
This opportunity is ideal for a doctor moving into the area who wants a turn-key medical practice in an upscale area of South Orange County. The business has considerable upside potential for a doctor who has special a interest in more complex major surgeries, hires a nurse practitioner and accepts HMO patients to earn a monthly capitation check. Excellent staff is in place – just bring your skills and energy. Doctor/Owner willing to assist buyer for an extended period if necessary. Pre-approved for SBA financing.
General Information
Year Established: 1987
Employees: An experienced back office/patient prep nurse, a billing/insurance/collections and a talented back office assistant for a total monthly salary of $7,100.
Facility: 1,500 square foot facility, with 3 examination rooms, at a total
monthly cost of $3,000, including CAM’s. Lease expires in December,
2009.
Hours: 8 a.m. to 5 pm Monday through Friday with a 1 hour lunch
Price Includes: All furniture, fixtures and equipment including flexible and rigid cystoscopes, bladder scan, autoclave, minor surgical instruments, no-scalpel vasectomy instruments. Inventory and supplies of approximately $3,500 not included.
Support: Physician seller will provide transition support for 6 months to 1 year as desired by buyer.
Reason Selling: Retirement
Asking Price: $229,000
Gross Revenues: 420,000
Seller’s Discretionary Earnings: 147,900
For more information on this business opportunity, please contact D. Joe Atchison at 951/277.4002, ext. 303 or j.atchison@sunbeltnetwork.com
Location:
Orange County, CA, CA
United States
Year established:
More than 10 years
Annual revenue (YTD / last year / 2 years ago), $ amount:
420,000
Facilities:
Lease
Employees:
4
Does Owner of Business provide training?
Yes
Reason for selling:
Retirement
Asking price:
229,000
Owners financing:
Yes
Would you consider a Buyer from different state/country?
Yes/Yes
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