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Pediatric Neurology Practice in San Antonio
Description: This is a solo practitioner pediatric neurology practice located in San Antonio, Texas. This practice has been in the same location for the past 24 years. There is a growing need for pediatric neurologists in this fast growing city due to existing specialists retiring.
Practice/Business Type: Primary Care>Pediatrics
Opportunity Type: Practice For Sale
Region: North America
Country: UNITED STATES
State: TX
City: San Antonio

Location Type: Suburban
Property Type: Professional Office Bldg.
FT Doctors: 1
PT Doctors: 0
Support Staff: 2
Exams/Ops/Lanes: 1
Facility Size: 1260 Sq Ft
Seller Assist: Seller can assist buyer with transition

San Antonio, TX 78229
Year Biz Established: 1972
Entity Type: Sole Proprietor
Broker Contact OK: Y
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Biz Asking Price:    $575,000     
A/R Amount:    $10,700    Included in asking Price: N
FF&E Amount:    $223,400    Included in asking Price: Y
Inventory Amount:    0    Included in asking Price: Y
 
Gross Income Current
$380,600
Prev Yr1
$402,866
Prev Yr2
$393,600
Prev Yr3
$420,600
Seller Discretionary Earnings Current
$156,500
Prev Yr1
$203,300
Prev Yr2
$163,200
Prev Yr3
$237,650
History: This practice has been in operation since 1972.
Growth Potential: A younger physician can increase the number of patients seen (presently 68-70 per week) and can increase revenues by accepting Medicaid patients.
Reason For Selling: Retirement
Other Remarks: Stopped accepting Medicaid patients five years ago.

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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