Neurology and Sleep Medical Practice

Arizona
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Asking Price:$3,950,000
Gross Revenue:$3,291,048
Established Year:2003
Cash Flow:$1,626,325
Rent:$8,320/Month
BUSINESS DESCRIPTION

Price reduced. This long-established Neurology practice comprises three locations, two specializing in General Neurology and one a Sleep Clinic. One in Nevada and two in a bordering State. The practice treats Neuropathy, Dizziness, Sleep Apnea, Epilepsy, Falls and Headaches.

The purchase price, revenue and adjusted net income are for all three (3) locations. The adjusted net income reflects an owner-operator. For a non-neurologist buyer, a replacement Neurologist salary is estimated to be $600,000.00 thereby reducing the adjusted net income (SDE) to $1,026,325.00

The AZ locations are represented by First Choice Business Brokers of Phoenix #213, Drs. Fernando, Owner/Business Broker/Agent, AZ R.E. Lic. #LC68988001 | SA691260000 and Leilani Felix-Acosta, Brokers, Owner/Business Broker, AZ Lic. # LC68988001 | SA693611000. The other location is represented by a separate brokerage. Please call or email listing agent. A Signed NDA and Proof of Funds Required.


DETAILED INFORMATION
Location
Arizona
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
5,050
Employees
16
Facilities
Location 1: 3,250 square feet; total monthly rent $5,370; new 5 year lease with 5 year option; hours of operation M-Th 8am-5pm and Fri 8am-2pm. Location 2: 3,250 square feet; total monthly rent $2,950; new 5 year lease with 5 year option; hours of operation M-Sun 7am-6pm. 12 fulltime and 4 parttime employees. Medical License required.
Support & Training
30 calendar days
Reason for Selling
Retiring
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Drs.
Leilani & Fernando
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Drs. Leilani & Fernando