Listing Number: 76931-167923
This medical practice is located in a fast-growing area in Katy, TX. The business has been growing since it was established in 2012.
The practice offers a full range of medical care for a variety of common issues and conditions, including treatment and care of chronic diseases and acute illness, preventative healthcare and weight loss program, primarily for adult patients.
The revenue in 2018 was $801,354 with Seller’s Discretionary Earnings (SDE) of $351,083. The projected revenue for 2019 is $960K with SDE of about $400K.
One of two owners is the practice manager, who is in need of relocating his time to other business, the remaining physician owner is unwilling to take over the administrative duties of the practice manager, so they have decided to sell the medical practice. Both owners will help with the transition, and the primary physician owner is willing to stay if the new owner needs. Terms and conditions are negotiable.
This is a rare opportunity for an existing doctor, or an investor with experience in the medical field to acquire an established, profitable, and growing medical practice in a fast-growing area.
- Price: $770,000
- Down Payment: $770,000
- Sellers Discretionary Earnings: $351,083
- Total Sales: $801,354
- Location: Fort Bend County, Texas
- Inventory: $6,000
- FF&E: $75,700
- Employees: 5
- Year Established: 2012
- Reason for Selling: Owner Relocation
- Category: Medical Related Biz