Profitable ENT Practice with Surgery Suite For Sale (20,000+ patients)

Northwest Florida
adobestock 371231647

Business Listed By:

Shaun Rudgear, CBI, CBB
(602) 552-9891

Asking Price:

$1,900,000

Est. Monthly Payment:

$N/A

Gross Revenue:

$2,067,942

EBITDA:

N/A

FF&E:

N/A

Cash Flow:

$806,495

Cash Flow After Annual Debt Service:

$N/A

Inventory:

N/A

Rent:

$10,000

Established:

2001

Business Description:

This busy general ENT practice strives to provide its patients modern compassionate specialty care in a personalized, convenient environment at an affordable cost.  This practice is part of a much larger MSO and enjoys many benefits, including contract negotiation, billing & collection, IT support, comprehensive employee benefits, HR administration, and compliance oversight. 

Gross revenues are projected to exceed $2,500,000 in 2022.  This practice offers a full array of ENT services, audiology, allergy skin testing and immunotherapy, and plastic surgery.  In-office procedures include ballonplasty, Vivaer/Clarifix, Latera, etc.  Approximately 16,800 annual encounters and 4,500 active patients.

Detailed Information:

Location:

Northwest Florida

Real Estate: 

Available for purchase at $1,700,000

Lease Expiration:

N/A

Employees:

13

Facilities:

Ideally located within 2 miles of three regional hospitals, this single-story 7,716 square feet building is situated on a busy commercial street (33,799 cars daily) with high visibility. The facility includes large waiting room with 20 plus chairs, spacious reception area for check-in/out, six exam rooms, allergy room, audiology room, ACHA accredited surgery room, recovery facility, six bathrooms, two showers, full dressing room, fully equipped kitchen room, work areas for MA’s and Physician(s). This office was designed to accommodate 2+ physicians.

Competition:

20+ years in practice, large referral base, excellent reputation, one-to-one communication when you call the office, personalized service, physicians are accessible to referral docs, well-trained and dedicated staff. Patients prefer office-based procedures and easy walk-up parking.

Growth & Expansion:

Add additional providers, increase marketing efforts, and accept hospital consults.

Financing:

$190,000 to physician buyer upon approved credit

Support and Training:

Transition assistance will be provided to new physician buyer to ensure a smooth business transfer.

Reason for Selling:

Preparing for semi- retirement in the near future. Bucket list is waiting.