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Southeast Florida

  • Listing No.: 126-10189

  • Category: Practice Sales

Asking Price $399,000.00
Down Payment
Gross Revenue $500,000.00
Total Adjusted Net Income $300,000.00
Equipment / Fixtures $40,000.00
Year Established 1988
General Location Southeast Florida
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Extremely profitable and well-established Neurology Practice available for acquisition within a very toney, suburban Palm Beach County area.  Quality of life is unsurpassed in this coastal community with no state income tax and very affordable living.  If you are a licensed physician who wants an established practice with a great reputation and established patient base, this may be your best opportunity ever!  This thirty-year-old practice is strategically located on a very accessible roadway, The practice and 3780 SF of multi-use real estate are being sold separately, or together, and both are currently priced under market value for quick sale. The fully functioning and equipped practice has thousands of active patient files and treated thousands of patients within the past 18 months.  All major insurance providers are in place and the payer mix is well balanced among Medicare, fee for service and private insurances. The founding physician is willing to stay on through an orderly transition period to suit the needs of the acquiring entity and will entertain staying on indefinitely through an employment contract on a part-time basis.  All support staff members and contractors will remain if requested.  This once-in-a-lifetime opportunity has plenty of potential for additional growth with the addition of another physician, NP or PA. This extremely profitable practice is well suited for a medical group, private practitioner or investor group through Florida AHCA certification. Real Estate is not included in the asking price. Should you have a serious interest in this exceptional opportunity and are financially qualified, please email Ken Vichinsky today at kenv@fcbb.com or call at 954-892-2007.

Gross Revenue $500,000.00 Listed Price $399,000.00
Total Income $300,000.00 Down Payment
Base Rent Square Feet 1500
Total Rent Lease Expiration
Rent Deposit Lease Options
Inventory Not Included Leasehold Improvements
Equipment / Fixtures $40,000.00 Other Assets
Full-Time Employees 2 Training Period 30 DAYS
Part-Time Employees 1 Special License Required MEDICAL
Contract Staff 2 Reason for Selling RETIREMENT

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.