Podiatry Practice and Real Estate

Michigan (Oakland)

  • Asking Price: $176,000
  • Gross Income: $424,761
  • Cash Flow: $130,674
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #202189
  • Established: Not Disclosed
  • Employees:

Business Description

Just reduced - Well established practice with 5 fully equipped exam rooms, located in one of the best cities in Oakland County. The doctor is ready to retire which makes this a great opportunity for a anyone looking to own their own practice or someone looking for a new or second location. The building and real estate is also for sale for additional $299,000. The building is 2005 square feet per the city records with on street and lot parking. In 2016 3,293 patients were treated with a monthly average of 274. Breakdown of procedures: c&c 25%, diabetic care 20%, trauma and sports medicine 15%, wound care 10%, orthotics 10%, surgery 5%, other 15%. Breakdown of payments: cash 5%, medicare 42%, medicaid 3%, blue cross 20%, other insurance 30%.

Business Details

Primary Business Category: Health Care - Ambulatory
Location: Michigan
County: Oakland

Company Information

Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $176,000
Gross Revenue: $424,761
Cash Flow: $130,674
Seller Financing Available: No

Contact Business Seller

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Business Listed By:

James Dalessandro

Authority/Action Business Broker