Listing #: 106-15088
Category: Service
  • Listed Price $ 3,500,000
  • Down Payment $ 3,000,000
  • Gross Sales $ 3,070,687
  • Total Income $ 1,191,314
  • Equipment/Fixtures$ 75,000
  • General Location California
For more information contact:
Christopher Seaman
Office: (858) 578-4111
Cell: (858) 254-9985
Office Website

Continuing Medical Education Programs

This unique and very profitable service business was established in 2004, with a current annual cash flow over $1M, and growth of over 10% per year. They organize about 40-50 Continuing Medical Education (CME) programs for primary care healthcare professionals (physicians, physician assistants, nurses, and nurse practitioners) at multiple venues throughout the U.S. and abroad. Attendees can combine obtaining their mandatory CME credits with a fun family vacation at family friendly resorts. The Continuing Medical Education programs are presently accredited by the American Academy of Family Physicians (AAFP).  Primary role is managing the 11 FT staff that does the day-to-day in house and on-site operations. The ideal buyer will have experience in the medical, hospitality, travel, and/or education fields, and be skilled at managing and motivating employees, as well as interested in running a national travel and education company with potential growth worldwide. Call Chris at 858-254-9985 for more information.

Financial Information

  • Gross Sales:$3,070,687
  • Total Income: $1,191,314
  • Listed Price:$3,500,000
  • Down Payment $3,000,000

Financing: $3,000,000 DP; Balance SCN for 36 months at 6% interest.

Assets & Lease Information

  • Inventory: $0
  • Leasehold Improvements: $
  • Equipment/ Fixtures: $75,000
  • Base Rent: $2,522
  • Total Rent: $2,742
  • Rent Deposit: $2,522
  • Year Established: 2004
  • Square Feet: 1,870
  • Lease Ends: 10/2018
  • Lease Options:
  • Categories: Service
  • Other Assets:

Additional Information

  • Full-Time Employees:11
  • Part-Time Employees: 0
  • Contract Staff: 0
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  • Training Period: Four Weeks
  • Special License Required: CME Accreditation
  • 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.