PRICE REDUCED 10-yr Medical Practice-Collinsville, IL

Listing Number: 1110202-300867

Listing Details

PRICE REDUCED 10-yr Medical Practice-Collinsville, IL
Price: $250,000
Location: Madison County, Illinois
  • Down Payment: $25,000
  • Sales: $611,859
  • Seller's Discretionary Earnings: $432,224
  • Inventory: $2,000
  • Furniture, Fixtures, and Equipment: $35,000
  • Rent: $1,075
  • Employees: 2
  • Year Established: 2016
  • Reason for Selling: Partial retirement

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For More Information About This Listing
William J Roland Sr
License # 2022007382
Listing Agent: Charlie Scarlett
License #

Business Description

PRICE REDUCED ON A COLLINSVILLE, IL MEDICAL PRACTICE. If you are a physician looking for an independent, turnkey practice or an established medical practice seeking to expand into St Louis' Metro East, this may be a great opportunity for you. The motivated seller is willing to work with the right buyer to make a deal happen.
*  Solo general medical practice is in the Madison/St Clare County IL.- SDE averages $450k
*  1,500 active patients - averaging of over 500 office visits a month
*  70% Medicaid and 30% private insurance.
*  Staff includes an office manager and bookkeeper. 
*  2,200 sf office includes ample parking, six exam rooms, reception, doctor's office and room for a lab.
*  Exceptional growth opportunities
This is a great expansion opportunity for an established medical practice or for a physician looking to start and grow his own practice with immediate cash flow.  This listing is pre-qualified by an SBA lender.
For more information, contact the listing agent Charlie Scarlett 636-400-5409 [email protected] with Transworld Business Advisors or our office at (636)400-6100 [email protected] and ask about the listing number (1110202-300867)