High-Growth Hospital and Extended-Care Provider Company

Tampa, Florida

Business Listed By:

Anika Boddie, MHA, FACHE
(914) 282-9207

Asking Price:

$780,000

Est. Monthly Payment:

$N/A

Gross Revenue:

$1,584,247

EBITDA:

N/A

FF&E:

N/A
N/A

Cash Flow:

$476,369

Cash Flow After Annual Debt Service:

$N/A

Inventory:

N/A

Rent:

$0

Established:

2014

Business Description:

Looking for a profitable hospitalist company with 20% revenue growth?

This independently-owned internal medicine practice located in the Greater Tampa area is selling its profitable Hospital and Extended-Care Division which offers inpatient and long-term care services to its patients. The Medical Director along with the dedicated staff provides quality, evidence-based medicine for their patients. The practice places a high priority on continuity of care and is on staff at many of the local area hospitals and Skilled Nursing Facilities allowing them to make rounds to check on their patients, monitor their diagnosis, progress, and overall health.

With approximately 190,500 nursing home and assisted living facility beds in Florida averaging 85% occupancy, you can understand why this company has realized a compounded annual growth rate (CAGR) of 19.56% over the past four years.

The practice has a Marketing Manager who creates relationships with local assisted living facilities to expand and maintain their existing patient base.

Detailed Information:

Location:

Tampa, Florida

Real Estate: 

N/A

Lease Expiration:

N/A

Employees:

4

Facilities:

N/A

Competition:

Limited

Growth & Expansion:

1) Establish relationships with more local assisted living facilities. 2) Projected 2021-2026 population growth of 7.97%, 7.73% & 7.94% within a 3, 5 & 10-mile radius of the facility respectively.

Financing:

$78,000

Support and Training:

6-month transition assistance will be provided to new buyer to facilitate smooth business transfer.

Reason for Selling:

Preparing for semi- retirement in the near future.