Well-Established Pediatric Practice For Sale (3,000 patients)

Fort Lauderdale
adobestock 245492088

Business Listed By:

Shaun Rudgear, CBI, CBB
602-552-9891

Asking Price:

$675,000

Est. Monthly Payment:

$N/A

Gross Revenue:

$970,767

EBITDA:

N/A

FF&E:

N/A
N/A

Cash Flow:

$404,088

Cash Flow After Annual Debt Service:

$N/A

Inventory:

N/A

Rent:

$18/SF Modified Gross

Established:

1994

Business Description:

Established in 2010, this rheumatology practice is profitable, reputable, and located on the East Coast of Florida.   The physician owner and his dedicated staff employ a “patient-first” philosophy and specialize in the treatment of the full spectrum of Rheumatology including Pediatric Rheumatology, Addiction Medicine, and Pain Management.  This practice creates a unique treatment plan tailored to each individual patient, with management strategies including lifestyle modification, medication prescriptions, laboratory testing, joint and soft tissue injections, and imaging studies. The office is equipped with a 3-chair infusion suite so intravenous medication can be administered in the comfort of the office.  

The Prevalence of arthritis and other rheumatic conditions in the United States is expected to increase 40% in the US.

Detailed Information:

Location:

Fort Lauderdale

Real Estate: 

Owned, available for purchase at $800,000

Lease Expiration:

N/A

Employees:

5

Facilities:

Ideally located on a busy intersection with easy access to two freeways just 10 minutes from the beach. This two-story medical office is approximately 3,711 SF and situated on an 8,320 SF lot with 14 parking spaces. Additional off-site parking is available. The pediatric office occupies about 2,000 SF on the upper level. It includes four exam rooms, a patient lobby with reception, a physician’s office, x ray/triage room, a lab, and two restrooms. The lower-level suite is approximately 1,711 SF and includes two exam rooms, a physician’s office, a patient lobby with reception, two restrooms, a pharmacy suite, a staff lounge, and ample storage. This general medical office space would be ideal for an internal medicine practice, pharmacy, ob/gyn, or a pediatric subspecialty.

Competition:

TBA

Growth & Expansion:

Obtain privileges at local hospitals to accept newborns; market to tourists; expand clinic hours to evenings and Saturdays; implement a marketing plan, and add family medicine.

Financing:

$67,500

Support and Training:

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

Reason for Selling:

Preparing for retirement in the near future..