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Outstanding oncology practice opportunity
Description: Well established solo private oncology practice providing hematology, medical oncology, bone marrow biopsy, services. Practice operates from an attractive and well-designed 5,600 SF facility with 5 exam rooms, 1 large treatment room, 1 nurse's station with chemotherapy mixing room with hood, large waiting room, 3 private doctor's offices Office manager's room, laboratory, and 4 lavatories. The practice has a good payer mix, with about half of patients using Medicare. Excellent and dedicated support staff includes office manager, receptionists, records and billing staff, lab tech, pharm tech, and 4 nurses.

Located in southern New Mexico, the practice has about 4,000 active patients. 2014 gross income of nearly $6.1 million, with projected growth of 10%+ this year. Practice demand could easily support a second physician. Owner doctor 2014 discretionary earnings of over $1.25 million! Own this practice and pay off your student loan debt in one month!!
Practice/Business Type: Other Medical>Other
Opportunity Type: Practice For Sale
Region: North America
State: NM
City: Confidential

Location Type: Suburban
Property Type: Professional Office Bldg.
FT Doctors: 1
PT Doctors: 0
Exams/Ops/Lanes: 5
Facility Size: 5600 Sq Ft
Seller Assist: Seller can assist buyer with transition
Seller Work: Seller willing to work in practice after closing at buyer discretion
Confidential, NM
Broker Contact OK: Y
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Biz Asking Price:    $2.175 million     
A/R Amount:        Included in asking Price: Y
FF&E Amount:        Included in asking Price: Y
Inventory Amount:        Included in asking Price: Y
Gross Income Current
$6.1 million
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Seller Discretionary Earnings Current
$1.25 million
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Reason For Selling: retirement
Other Remarks: Location is in a designated underserved area and is approved for J1 waivers. Seller can stay on, post sale to assist with transition.

Agent Profile

Medical Practice Brokers
David Greene
15847 Woodmeadow Ct.
Colorado Springs, CO 80921
Fax: 888-791-5140

More listings from this agent

Medical Practice Brokers, Inc. is a specialty business broker that understands the needs of medical professionals. We focus exclusively on medical practice sales and appraisals Call us when you want the job done right.

Unlike most business brokers, medical practice sales are our specialty:

* Physician primary care and surgical
* Dental
* Chiropractic
* Optometry
* Veterinary
* and more

We do not sell a medical practice today, and restaurant or a print shop or a house tomorrow. We use a proven systematic approach to practice sales. For a matter this important, you want a specialist.

Mr. Greene is a seminar instructor on Buying and Selling Practices, and has been an invited speaker at universities and professional groups on the subject of practice sales and values.  He is a member of the International Business Brokers Association and holds their prestigious Certified Business Intermediary (CBI) certification.  He also is member of the following organizations:

Institute of Business Appraisers (IBA)
International Business Broker Association (IBBA)

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