MergerPlace

Provider of Occupational Health Services

West Virginia (Kanawha)


  • Asking Price: $1,200,000
  • Gross Income: $1,139,938
  • Cash Flow: $356,219
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $100,000
  • Listing ID: #197500
  • Established: 1992
  • Employees: 8

Business Description

**Excellent, high traffic location!** This health service has been serving West Virginia and the Tri-State area with medical services that are unmatched for over 25 years. Their dedication to quality includes providing clients with flexible solutions, transparent operations and audit proof records. All their physicians are certified medical examiners and listed on the national registry. An occupational health provider that strives to provide employers and their workers with the quality occupational health services they require to function safely and properly. They complete a large number of services including physicals, general exams, respiratory fit tests, drug and alcohol screenings, x-rays, and vaccinations, providing clients with all the services their company needs to ensure employees are healthy and capable of performing their jobs.


Business Details

Primary Business Category: Health Care - Hospitals
Location: West Virginia
County: Kanawha

Company Information

Year Established: 1992
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 8

Financial Information

Asking Price: $1,200,000
Gross Revenue: $1,139,938
Cash Flow: $356,219
FF&E: $100,000
Seller Financing Available: Yes

Property Information

Facilities:

Space is 3715 sq and includes a reception area; 2 exam rooms; 3 drug testing bathrooms/one handicap; doctor office; VP Office; accountant and consultant office/share space; lab room; EKG room/stress test room; pulmonary fitting and testing room; hearing booth testing room; 2 vision testing Rooms; staff office room/cubicles; 2 storage rooms; break room; employee bathroom; room set for filling out forms and talking to patients; and X-ray room. Space layout can be found in documents.

Growth & expansion opportunities:

The occupational health industry has been growing specifically in the West Virginia area considering President Trump has promised the coal industry more work which has resulted in an increase in our client traffic. Also, the oil and gas industry has ventured into West Virginia which has been very beneficial considering coal was a big part of the business prior to President Obama.

Competition:

There are some businesses in the area that compete but are not able to specialize in working companies and handling their specific occupational health needs. There is a business that specializes in drug testing but cannot handle the physical exams portion that companies are requesting. Another competitor specializes in urgent care but doesn’t like to deal with companies and their employees. A local doctor’s office handles occupational health but specializes in family medicine, etc. This company has created a special niche in the area by providing occupation health solution for companies and their employees.

Reason for selling:

Retirement.

Support & Training:

Will train for 4 weeks @ no cost. Management experience.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Fred Walker

Murphy Business Brokers