Established Pediatrics Practice With Strong Cash Flow

Sandusky County, OH
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Sale Pending
Asking Price:$1,600,000
Gross Revenue:$1,537,000
Established Year:1981
Cash Flow:$728,000
Rent:$2,550/Month
BUSINESS DESCRIPTION

Established and well managed pediatrics healthcare practice serving 4 counties with a personalized approach to general pediatric medicine.

Located in a well populated, growing area with no competition.

Extensive growth opportunities since patients all come from word-of-mouth referrals so implementing a website and marketing will help grow this practice even more.

8 employees will stay on. The 2,400 square feet of office space is leased and easily transferable to the new owner.

Seller will stay on for a reasonable amount of time to ensure a smooth transition.


DETAILED INFORMATION
Location
Sandusky County, OH
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,400
Lease Expiration
31/12/2024
Employees
8
Facilities
Very clean and nicely updated practice with 2,400 square feet and plenty of parking.
Competition
No competition since there aren't any other pediatric offices like this in their 4 county area.
Growth & Expansion
Extensive room for growth if the new owner incorporates a website and markets the practice. (All new patients come from word-of-mouth now.)
Support & Training
The seller will stay on for a reasonable amount of time to ensure a smooth transition.
Reason for Selling
Owner is retiring.
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John
Meyers
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John Meyers