Extremely Active, Profitable OB/GYN Clinic in West Houston

Harris County, TX
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Asking Price:$1,200,000
Gross Revenue:$1,442,759
FF&E:$200,000
Cash Flow:$663,484
Rent:$9,500/Month
Established Year:1997
BUSINESS DESCRIPTION

TRANSWORLD BUSINESS ADVISORS OF HOUSTON. LISTING REF #76931-381417

This well-established OB-GYN practice has been in business in Houston since 1997. The current physician owner started the practice and has grown it into a thriving, in-demand office with a waiting-list of consistently 15-20 patients, and an active patient list of 5000+ patients. The physician owner currently practices more than full time and would like to stay on and continue to practice. The current leased suite has space for additional MD/DO/APP practitioners, and the current patient volume and patient demand justifies additional owners/practitioners, providing fantastic room for expansion. It is located adjacent to a major, renowned hospital in the Houston area. Practice participates in Medicare/Medicaid and has contracts with all major insurance carriers.

Currently, the practice is operating with one physician, one Nurse Practitioner, and twelve other staff members, including bilingual personnel. The practice sees approximately 40-60 patients per day. Of the services provided, approximately Sixty Percent (60%) are Obstetrics based and Forty Percent (40%) are Gynecological services. The practice also offers lab services and urodynamics services.

There is significant room for growth on the gynecology side of the business, with an aging population and population needing other wellness and surgical-focused care. The current physician owner is credentialed at two local hospitals; a new physician can arrange for this same credentialing or expanded credentialing so as to not disrupt current referrals. As noted above, the seller/physician prefers to stay on at the practice, with reduced hours.


DETAILED INFORMATION
Location
Harris County, TX
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
4,300
Employees
13
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Support & Training
# of Weeks Seller Will Offer Training: 24
Reason for Selling
Physician Owner would stay on as employee
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Molly
Adames
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Molly Adames