MergerPlace

Price Reduced-Profitable

Texas


  • Asking Price: $590,000
  • Gross Income: $865,214
  • Cash Flow: $288,890
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $54,395
  • Listing ID: #198006
  • Established: 2011
  • Employees: 4 FT/3 PT

Business Description

This immaculate and meticulously maintained urgent care clinic is located in a high traffic area of SE Houston, TX. The clinic has been consistently profitable since the first year of operation. It features four exam rooms, one of which is a procedure room, a relaxation room, triage area, reception area, X-Ray, lab, business office, physician office and four restrooms. All equipment is owned. Lab is CLIA certified, and clinic is fully credentialed. A well trained staff is in place. The three providers are all physicians although a new owner could consider adding mid-levels. A physician who wishes to regularly see patients would benefit from the cash flow in addition to a salary of approximately $250K. This would also be an excellent acquisition for existing urgent care owners.


Business Details

Primary Business Category: Health Care - Hospitals
Location: Texas

Company Information

Year Established: 2011
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 4 FT/3 PT

Financial Information

Asking Price: $590,000
Gross Revenue: $865,214
Cash Flow: $288,890
FF&E: $54,395
Seller Financing Available: Yes

Property Information

Facilities:

This clinic is in a leased space of a strip center with an attractive and functional build out. Leased space can be purchased from landlord.

Growth & expansion opportunities:

This urgent care clinic is located in an affluent area, with numerous housing complexes being built nearby. It is situated between several schools and daycare centers. As area development increases, the traffic count in front of the clinic continues to rise. Increased marketing efforts can benefit from this growth.

Competition:

This clinic was the first urgent care center in this suburb so it is well established in the community. While new competition has come into the area in recent years, some of them have gone out of business. This clinic remains a favorite in the community, having received various awards.

Reason for selling:

Owner has moved residence further from clinic and wishes to spend more time with family.

Support & Training:

Will train for 4 weeks @ no cost. Services offered include x-ray, labs, immunizations, physicals and drug and alcohol testing. They treat a broad range of conditions including fractures, sprain, strains, lacerations, wounds, abscesses, infections, rashes, allergies, asthma, gynecologic problems and UTIs and sports and work related injuries. Physician owner works in the clinic on a daily basis and oversees the operations.

Contact Business Seller

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Business Listed By:

Betty Schnaufer

Murphy Business Brokers