Established Medical Clinic

Established Medical Clinic

Northern Indiana
Listing Number:
 IEB-118-03

Financial Information

Asking Price: $450,000
Real Estate: Included
Gross Revenues: $190,000
Cash Flow: $121,000

Business Description

Established medical office boasts $121k net income and a 64% profit margin (working 4 days/week), with room to grow. With strong year-over-year growth, this practice has acquired over 1500 patients without any advertising spend, due to strong drive by traffic and signage on busy road. Acquiring additional patients won’t be a problem; many marketing opportunities mean significant potential for the growth-oriented buyer.

This clinic is a well established community resource, with trained and dedicated staff in place to assist in a smooth transition to new ownership and long-term clinic operations. The real estate is included in the purchase price, but can be separated from the sale.

 

General Information

Facilities: Free standing building on busy thoroughfare with strong drive by visibility and signage. The parking lot has 11 parking spaces, the building is 3,000 square feet (1,500 SF is used for the clinic) and is located 4 miles from the nearest hospital. The office consists of 3 examination rooms, a nurse's station/office, 1 lab area, 1 private physician's office (with 1/2 bath), 1 restroom for patients and a break room with kitchen. The waiting room contains seating for 11 and the vestibule has space for a wheelchair. The Real Estate is included in the selling price, but can be separated if the new owner is interested in leasing vs. owning.

Growth: This practice is located in a growing area of the state with strong employment and family values. An average of 15 patients are seen daily over a four day work week, which provides the opportunity for 40%+ growth by transitioning to a five day week, focused marketing and social media presence. The facility could accommodate a second physician in family practice, a nurse practitioner and/or be utilized as an urgent care facility. The property also contains an unfinished basement, which could be updated and rented out for additional cash flow.

Support & Training: Seller will provide adequate post sale support for new owner

Reason Selling: Relocation

Contact Information


Contact:
 Josh Kneifel
Phone: 317-333-6655 x 118

 

Indiana Equity Brokers
5750 Castle Creek Parkway, Suite 275, Indianapolis, IN 46250
Tel: 317-333-6655     Fax: 317-333-6654
info@indianaequitybrokers.com

 

Respond to Listing