Legacy Pediatric Practice Dedicated to the Hispanic Community

Phoenix, AZ

Seller Financing Available

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Asking Price:$395,000
Gross Revenue:$651,329
Established Year:2008
Cash Flow:$267,424
Rent:$4,421/Month
BUSINESS DESCRIPTION

Flourishing Pediatric Clinic Celebrating Cultural Diversity

Are you searching for a promising pediatric practice? Look no further! This pediatric practice is conveniently located in an area that has a pediatric population of 58,799 within a three-mile radius. Moreover, with 6,217 individuals aged from 0-19 years living within a one-mile radius, they are ideally positioned to provide healthcare services to the community.

This pediatric practice has been providing healthcare services to children from birth up to 18 years of age since 2008. They serve a diverse patient population from various countries such as Africa, Asia, Native American communities, Mexico, Cuba, Colombia, Honduras, and Guatemala (Mayan), including refugees. The practice is committed to addressing the unique needs of the community by offering comprehensive healthcare services. The practice has bilingual personnel who can speak both English and Spanish to cater to the linguistic diversity of its patient population. At least 80% of patients identify as Hispanic, and at least 60% prefer Spanish as their primary language. The practice prioritizes effective communication and cultural sensitivity to ensure that the patients' needs are met.


DETAILED INFORMATION
Location
Phoenix, AZ
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,588
Lease Expiration
30/06/2024
Employees
6
Facilities
Single level 2,588 SF medical office. Facilities include waiting room with 20 chairs, reception area, 4 exam rooms, 1 provider office, 1 procedure room, 1 patient restroom, 2 staff restrooms, 3 MA/nurse stations, 1 staff lounge, 1 laboratory, and 1 storage room. The office has 5-6 reserved parking spaces.
Growth & Expansion
With the opportunity to allocate up to two additional providers, this pediatric practice is poised for growth and expansion. This includes extending office hours to accommodate increased demand and expanding ancillary services to include additional procedures such as EKG, X-Ray, and wound suturing.
Financing
$80,000 upon approved credit to qualified physician buyer.
Support & Training
In order to ensure a smooth transition, owner will remain post-sale up to six months. Compensation and schedule by mutual agreement.
Reason for Selling
Owner desires to retire.
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Shaun
Rudgear
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Shaun Rudgear