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Long Beach

  • Listing No.: 106-15527

  • Category: Practice Sales

Asking Price $199,000.00
Down Payment $160,000.00
Gross Revenue $454,253.00
Total Adjusted Net Income $169,716.00
Equipment / Fixtures $10,000.00
Year Established 1994
General Location Long Beach
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This one doctor pediatrics practice has been well-established in the community for 50 years, with the current owner having operated it for 25 years. It has about 1,200 capitated patients - 60% Medi-Cal and 40% commercial insurances. The retiring seller works 36 hours a week. This can be a great opportunity for a pediatrician who wants to be his/her own boss. Generous transition training is available. For more information, please contact Satoshi Kanuma at either skanuma@fcbb.com or 714-420-4097. 

Gross Revenue $454,253.00 Listed Price $199,000.00
Total Income $169,716.00 Down Payment $160,000.00
Base Rent $3,373.00 Square Feet 1200
Total Rent $3,373.00 Lease Expiration 7/2020
Rent Deposit $3,373.00 Lease Options
Inventory Not Included Leasehold Improvements $4,000
Equipment / Fixtures $10,000.00 Other Assets
Full-Time Employees 4 Training Period 90 Days
Part-Time Employees Special License Required MD license; pediatrics certification
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.