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  • Listing No.: 106-15596

  • Category: Practice Sales

Asking Price $119,000.00
Down Payment $95,000.00
Gross Revenue $282,049.00
Total Adjusted Net Income $111,444.00
Equipment / Fixtures $10,000.00
Year Established 1984
General Location Arcadia
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 This internal medicine practice that has been established for 35 years is up for sale. Seller has slowed down substantially in recent years. He sees patients only three days a week and does not see in-patients at hospitals anymore. Still, the patients prefer being seen by him despite having to wait a long time to get appointments. It may be a perfect acquisition opportunity to take over approx 400 regular patients including 100 capitated patients. Buyer can choose to take over just the patients without taking over the current lease. A great opportunity for an area MD to quickly increase the number of patients through acquisition. For more information, please contact Satoshi Kanuma at 714-420-4097.

Gross Revenue $282,049.00 Listed Price $119,000.00
Total Income $111,444.00 Down Payment $95,000.00
Base Rent $4,900.00 Square Feet 1200
Total Rent $5,150.00 Lease Expiration 6/2020
Rent Deposit $4,900.00 Lease Options
Inventory $18,000.00 Leasehold Improvements
Equipment / Fixtures $10,000.00 Other Assets
Full-Time Employees 2 Training Period 90 Days
Part-Time Employees Special License Required CA MD, Internal Medicine Cert
Contract Staff Reason for Selling Retiring

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.