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Listing Number: 3892
Well-Established Endocrinology Medical
Established 1971, this dynamic endocrinology medical office with a 4.7-star rating has an extensive patient list, treating approximately seventy patients per week on 3 ½ day schedule. Approved by most major insurance carriers, the office specializes in endocrinology, diabetes types 1 & 2, thyroid disorders, osteoporosis and osteopenia, hypogonadism, hyperparathyroidism, low vitamin levels, adrenal adenomas, pituitary adenomas and transgender medicine.
Seller , an Advanced Registered Nurse Practitioner, has owned the medical office for 8 years and is the sole practitioner. The medical office is in a modern office building with a waiting area, receptionist office, three treating rooms, lunchroom, lavatory, assistants’ offices, and owner’s office. The staff consists of a billing clerk, receptionist and two medical assistants in addition to the Seller.
- Category: Health, Medical & Dental
- Asking Price: $400,000
- Gross Sales: $636,367
- Cash Flow: $204,460
- County: Broward
- Area:
- FFE: $ 25,000
- Inventory: $20,000
- Real Estate: $0
- Employees: 4 - Full-Time 0 - Part-Time
- Facilities: Office Condominium
- Relocatable? No
- Home Based? No
- Market Notes: There is competition from medical doctors, but this medical office offers more personalized and caring service with the same level of endocrinological care. This office accepts and is accepted by the same standard insurance companies as other practices.
- Growth Notes: The Seller has chosen to work a limited schedule of 3 ½ days per week, but a new owner could increase revenues within the established extensive client base by opening longer hours and more days. In addition, with three treatment rooms the new owner could hire another ARNP for increasing patient visits.
- Support Training: Seller willing to continue work under new owner for agreed salary after four weeks' transition period.
- Year Established: 1971
- Financing Terms: None
- Reason for Selling: Retirement
- Inventory Included: Yes
- Is Franchise No
- Lender Prequalified No
- Absentee Owner No
- Selling Financing? No
- Is FEE Included? Yes