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Seller Financed Pediatric Practice St. Petersburg Florida SOLD
for sale in FL

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Listing Number: 3590


Very reputable and establish Pediatric practice located in St.Petersburg, Florida dedicated to providing the highest standards of pediatric care for children from birth through college. Practice has 2 NP's that account for 70%+ of the collections with the doctor working part-time 2 half days a week on Tuesday & Friday. Dip in cash-flow 2017 and 2018 due to the fact an Insurance company sold to another dropping doctors with little warning (1-2/mo.) losing a number of patients. Practice has recovered very nicely since then and looking at an annualized cash-flow (2019) over $250K because the company that bought other is nowcredentialing the doc to contract with them again. Wonderful opportunity to own your own practice with great staff in place and seller financed.

Listing Broker

Dave Cozzocrea

Dave Cozzocrea

Phone: 850- 566-6466

  • Category:
  • Sub-Category: Health, Medical & Dental
  • Asking Price: $325,000
  • Gross Sales: $1,057,124
  • Cash Flow: $95,082
  • County: Pinellas
  • Area: St. Petersburg
  • FFE: $25,000
  • Inventory: $30,000
  • Real Estate: $0
  • Employees: 6 - Full-Time 1 - Part-Time
  • Facilities: 3271 sqft. Office Suite - $5235/mo. Lease thru 4/30/2024
  • Relocatable? Yes
  • Home Based? No
  • Market Notes: Other private pediatric offices in St. Petersburg and a pediatric hospital without competition issues.
  • Growth Notes: Very positive growth with newly added Insurance company and a working doctor that takes over the practice working more hours.
  • Support Training: Seller will provide 4 weeks training and support.
  • Year Established: 1990
  • Financing Terms: $65K down @ 7% over 5 yrs. Monthly payment $5148.31
  • Reason for Selling: Seller wants to spend more time with children and grandchildren
  • Inventory Included: Yes
  • Is Franchise No
  • Lender Prequalified No
  • Absentee Owner No
  • Selling Financing? Yes
  • Is FEE Included? Yes