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Southwest Houston OB/GYN Practice For Sale
Description: Perfect practice for the young, energetic physician who is ready to take on more challenges. The practice is listed for $450,000. Established in 1987, this practice has both long standing patients as well as staff who have stayed with the Owner over the years. The Owner is retiring but is willing to assist with the transition to new ownership. The practice is located in a modern professional building adjacent to a major southwest Houston hospital.
Practice/Business Type: Primary Care Surgical>OB/GYN
Opportunity Type: Practice For Sale
Region: North America
Country: UNITED STATES
State: TX
City: Houston

Location Type: Urban
Property Type: Professional Office Bldg.
FT Doctors: 1
PT Doctors: 0
Support Staff: 4
Exams/Ops/Lanes: 3
Seller Assist: Seller can assist buyer with transition

Houston, TX
Year Biz Established: 1987
Entity Type: S Corp
Broker Contact OK: Y
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Biz Asking Price:    $450,000     
A/R Amount:    $369,119    Included in asking Price: N
FF&E Amount:    $137,532    Included in asking Price: Y
Inventory Amount:    0    Included in asking Price: Y
 
Gross Income Current
0
Prev Yr1
$625,202
Prev Yr2
$641,490
Prev Yr3
$592,353
Seller Discretionary Earnings Current
0
Prev Yr1
$223,199
Prev Yr2
$249,080
Prev Yr3
$192,237

Growth Potential: Growth potential is only limited by the new owner's desire to treat additional patients and perform more in-house procedures.
Reason For Selling: Retirement

Agent Profile

Medical Practice Brokers, Inc.
Ken Harbin
6211 Larkmount Dr.
Spring, TX 77389
281-251-7166
Fax: 888-603-1634
ken@practicebrokers.com
www.practicebrokers.com

More listings from this agent

Ken is an experienced business appraiser specializing in the medical field. His designations include the Certified Business Appraiser (CBA) from the 'Institute of Business Appraisers' and the Certified Valuation Analyst (CVA) from the 'National Association of Certified Valuators and Analysts'. Ken specializes in assisting in the sale of medical/dental practices. His area of operations includes: Texas, New Mexico, Oklahoma and Louisiana.

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