RHEUMATOLOGY PRACTICE FOR SALE

Employer
ProMed Financial, Inc.
Location
Westminster, California
Posted
Oct 17, 2019
Closes
Oct 16, 2020
Ref
2009882
Specialty
Rheumatology
Hours
Full Time
Position Type
Permanent

Practice Location

Beautiful and extremely well-established practice in a portion of Orange County with numerous senior living centers, this rheumatology practice has served its growing communities for over 34 years. The practice is adjacent to one such community, has ample parking, and is a free-standing building.

Practice Information

4 exam rooms are served by a doctor and 1 associate, with patient waiting list stretched out to 3 months while seeing 4-5 new patients per work day. This leaves room to add an associate to see a greater volume of patients to help meet the demands of these underserved communities.

Asking $400,000

Gross Income

2019 = $1,709,638*

2018 = $1,550,770

2017 = $1,700,213

*Annualized from Jan*Jan--July P&L

Premises Information

  • 1,705 Sq. Ft.
  • Free-standing
  • High-demand, underserved area
  • Expansion opportunity, room to add patients
  • Six retirement/senior facilities nearby
  • 4 Exam Rooms

Patient Information

  • 80% = Exams
  • 12% = Infusions
  • 8% = Diagnostic ultra-sound w/ US guided injections
  • 50% = Medicare
  • 25% = Insurance
  • 24% = HMO
  • 1% = Cash
  • 261 Patients/month
  • 41 New Patients/mo

VISIT www.promed-financial.com for all practice opportunities RE#00662298, or click APPLY to inquire through this ad.

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