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.
(SOLD) Pediatric Practice with Lucrative Capitation Contracts ($900K/yr)
Sold
Business Information
- Asking Price :
- $675,000
- Cash Flow :
- $405,088
- Est. Monthly Payment :
- Cash Flow After Annual Debt Svc. :
- Gross Revenue :
- $970,767
- Inventory :
- N/A
- EBITDA :
- N/A
- Rent :
- $18/SF Modified Gross
- FF&E :
- N/A
- Year Established :
- 1994
Detailed Information
- Real Estate :
- Owned, available for purchase at $800,000
- Lease Expiration :
- N/A
- Employees :
- 5
- Office Space :
- 3,711 SF
- 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..
- Closing Date :
- March 1, 2023
Location
- County :
- Broward
- State :
- Florida
Business Listed By
Shaun Rudgear, CBI, CBB (813) 212-3122 shaun@floridamedicalbrokers.com