East Texas Primary Care Clinic Acquisition Opportunity
Jasper, TX
| Asking Price: | $4,000,000 |
| Gross Revenue: | $4,600,000 |
| Established Year: | 1995 |
| Cash Flow: | $600,000 |
| Real Estate: | $1,700,000 |
Listing ID: 2271265Listing provided by BizBuySell
BUSINESS DESCRIPTION
The firm is an independent rural health clinic with two locations in east Texas providing primary care to 15,000 patients for nearly 30 years. The Clinic has contracts with over 60 insurance providers including Medicare and Medicaid. Both locations are Designated Rural Health Clinics. Care is provided by two MD's and five Nurse Practitioners along with an experienced staff of nurses, technicians and office personnel. About $770,000 of the revenue is derived from the Seller's hospital privilege and Directorship at five Long Term Care Facilities, which will flow through to the new Owner as revenue.
DETAILED INFORMATION
Location
Jasper, TX
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
15,000
Employees
63
Facilities
One 15,000 square foot clinic owned by the firm in excellent condition, and a 2,600 square foot clinic in another town leased by the firm.
Competition
There are local hospitals and other clinics in the area, but the area is generally underserved by healthcare professionals.
Support & Training
The entire staff will transition to a new owner, and the seller (practicing MD at the clinic) will continue to work for several years to ensure a smooth transition.
Reason for Selling
The owner seeks a buyer who can run the business and allow him to finish his car
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