Generational caring is the hallmark of this pediatric practice with over 28 years of providing personalized care to the residents of Oakland Park and surrounding communities, founded by a neonatologist her pediatrician husband, they have been part of the lives of three generations of families. Access to care is important for the community, and approximately 50% of the daily appointments are walk-ins. From infants to young adults (age 21), the practice is well equipped to meet the healthcare needs of a wide range of patients and their unique healthcare needs.
Business Information:
- Asking Price:
- $675,000
- Est. Monthly Payment:
- Gross Revenue:
- $970,767
- EBITDA:
- $N/A
- FF&E:
- $N/A
- Cash Flow:
- $405,088
- Cash Flow After Annual Debt Service:
- Inventory:
- $N/A
- Rent:
- $18/SF Modified Gross
- Established:
- 1994
Detailed Information:
- 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: Transition assistance will be provided to new physician buyer to ensure a smooth business transfer.
- 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..