Internal Medicine Practice available

Job Description

Location Location. Cosmopolitan Miami. This practice is located near highly rated hospitals and outpatient facilities. Minutes away from several affluent communities where physicians live. The only reason for the sale is due to retirement.

This internal medical practice is located in Miami-Dade County, where the owner has built the practice for almost 30 years. The New owners/physicians will enjoy the extensive patient base which adds 20 to 30 new patients weekly.

The main office is located in a busy retail area, an emerging trend in healthcare. A second satellite office is located in a rapidly growing adjacent community. A new owner will enjoy the benefits of this office with state of the art medical and office equipment. $150,000 was invested in a beautifully decorated and highly efficient, build-out.

The revenue stream and profits built by this practice is in the upper echelon of internists. Future increased revenue is in place and to be enjoyed by the acquiring physician(s). The seller also has other income not included in the practice that could be acquired.

A new physician in this practice will be able to immediately enjoy higher than normal income with potential for even higher income. The current owner/physician has at least 15 hours each week that the office is not being utilized, which could be turned into immediately higher revenues. Current patient bookings extend out eight weeks.

Seller will work through the transition for a smooth transfer of the goodwill. Inventory, furniture, fixtures, and equipment included in price. SBA 100% Financing in Place for Qualified Buyer.

Gross Income $1,063,312
Cash Flow $800,000
Asking Price $1,330,000

No State income tax

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