Location: United States -> Vermont -> Burlington
Industry: Health and Medical > Medical Practices
Businesses for sale Summary
This pediatric practice for sale is profitable and growing. A solo practitioner runs the practice, which serves about 500 families from throughout a 15-miles radius. It has a great reputation and is known for providing personalized attention, sincere care and friendly service. Some patients chose this practice for its willingness to work with people who use complimentary healing.
The practice is in a great location on a major road. It has an office in an attractive multi-unit building, which the physician owns. The building provides the owner with significant residual income and could be included in the sale. The building is easily accessible and contains plenty of parking. It is in a growing, affluent city near Burlington. The larger community has incredible outdoor recreation, top-ranking schools and is near cultural centers such as Montreal and Boston. The physician might be willing to stay on after the business sale for up to three months to help facilitate a smooth transition.
Employees: 1 fulltime, 3 part-time.
Facilities: A 5,000-sq-ft building.
Reason for selling: The owner is selling to spend more time with family and pursue natural medicine.
Asking Price Range: $250K – $500K
Gross Revenues: $218,000
Cash Flow: $125,000
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: Not Disclosed
About The Business
Year Established: 1991
Number of Employees: 1 – 3
Relocatable: Not Disclosed
Franchise: Not Disclosed
Current Real Estate: Owned
Property: Property For Not Applicable