MergerPlace

Solo Podiatry Practice w/Property

ST Petersburg, Florida (Pinellas)


  • Asking Price: $900,000
  • Gross Income: $590,202
  • Cash Flow: $191,789
  • Real Estate: $650,000
  • Inventory: $25,000
  • FF&E: $100,000
  • Listing ID: #211384
  • Established: 1978
  • Employees: 4 ft 1 pt

Business Description

Well established 40 year Podiatry Practice offering a wide range of podiatry services, including sports medicine, primary podiatric care, minor surgery, DME, and EPAT treatments. Up to date diagnostic equipment includes digital x-ray with a new (2017) wireless detector, diagnostic ultrasound, digital orthotic scanner, and vascular testing. The practice affiliates with a variety of managed care plans, private plans, and Medicare. Stable gross collections could be easily increased with the re-introduction of surgery, physical therapy, and wound care. Beautiful office building could easily support 2 practitioners, with 8 treatment rooms. The office is 1 mile from the nearest hospital and 1/2 mile from the surgical center. Rapidly growing, dynamic city with professional sports teams and universities.


Business Details

Primary Business Category: Health Care - Ambulatory
Location: Florida
Metropolitan Area: ST Petersburg
County: Pinellas

Company Information

Year Established: 1978
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 4 ft 1 pt

Financial Information

Asking Price: $900,000
Gross Revenue: $590,202
Cash Flow: $191,789
FF&E: $100,000
Inventory: $25,000
Real Estate: $650,000
Seller Financing Available: Yes

Property Information

Facilities:

Stand Alone 3,000 sq feet

Growth & expansion opportunities:

Practice has maintained stable gross collections. Ability to increase collections adding wound and surgeries.

Reason for selling:

Retirement

Support & Training:

Seller to provide 8 weeks training and support for a smooth transition.

Contact Business Seller

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Business Listed By:

David Cozzocrea

Capital Business Solutions