Listing #: 106-14915
Category: Practice Sales
  • Listed Price $ 220,000
  • Down Payment $ 180,000
  • Gross Sales $ 168,418
  • Total Income $ 107,065
  • Equipment/Fixtures$ 20,000
  • General Location San Gabriel Valley Los Angeles
For more information contact:
Satoshi Kanuma
Office: (858) 578-4111
Cell: (714) 420-4097
Office Website

Cash Patient General Practice Clinic in SGV

This clinic is run as a cash business model (80% cash income) that has been serving the community for 31 years. Offering a great alternative to the long waits to see the doctors and the hassle of dealing with insurance billings. Patients come from all over Los Angeles. Yelp 5 star-rated. Has 20,000 patient files. 90% of patients speak Chinese. Owner is retiring. Annual gross sales: $168,418, Adjusted net income: $107,065. Asking $220,000. Seller financing available to a qualified buyer. Owner-owned property can be available for sale for an additional $600,000. This is a great opportunity for a buyer that feels comfortable with this unique business model where the owner MD handles everything including billing. A qualified buyer should possess a medical license. The Buyer needs to verify income through physical observation of the business during the due diligence period. For more information, please contact Satoshi Kanuma at 714-420-4097or skanuma@fcbb.com.

Financial Information

  • Gross Sales:$168,418
  • Total Income: $107,065
  • Listed Price:$220,000
  • Down Payment $180,000

Financing: $180,000 DP; Balance SCN for 12 months at 6% interest.

Assets & Lease Information

  • Inventory: $1,000
  • Leasehold Improvements: $
  • Equipment/ Fixtures: $20,000
  • Base Rent: $2,400
  • Total Rent: $2,500
  • Rent Deposit: $2,400
  • Year Established: 1985
  • Square Feet: 1,200
  • Lease Ends:
  • Lease Options:
  • Categories: Practice Sales
  • Other Assets:

Additional Information

  • Full-Time Employees:0
  • Part-Time Employees: 0
  • Contract Staff: 0
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  • Training Period: One Month
  • Special License Required: Medical License
  • Reason for Selling: Retirement

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.