Pediatric Practice For Sale – Maricopa County, AZ

Maricopa County, AZ

Business Listed By:

Shaun Rudgear
(602) 362-8322

Asking Price:

$800,000

Est. Monthly Payment:

$6,946

Gross Revenue:

$1,821,719

EBITDA:

N/A

FF&E:

N/A
Estimated payment based upon 5.5% APR for 120 months with $160,000 down payment for well-qualified buyers. Terms may vary.

Cash Flow:

$274,528

Cash Flow After Annual Debt Service:

$189,621

Inventory:

N/A

Rent:

$9,000 per month

Established:

2003

Business Description:

Located in Maricopa County, AZ.

Want to dominate the market? Buy this practice!

Well-established (2003) pediatric clinic that specializes in the care of newborns, well-child, sick child, annual pediatric well exams, diagnosis of health, developmental and behavioral issues, ADHD, autism spectrum disorder, delayed milestones & other behavioral challenges. Services include immunizations and hearing and vision screenings and developmental screenings.

Quality care and a great experience for patients and their families is the top priority of this thriving practice. Fully trained support staff in place.

Great opportunity for a pediatrician looking to run their own practice or an established practice that wants to expand geographically or to add a solid patient base. Excellent location in a beautiful building next to a large ob-gyn office.

Under the CARES Act as revised by the Stimulus Act, if you use an SBA 7(a) guaranteed loan, this company qualifies for 3-months of principal and interest paid by the SBA to the lender on your behalf (up to $9,000 per month), for a total potential savings of $27,000. The loan payments paid by the SBA are not taxable. The SBA is also waiving its loan guarantee fee of approximately $21,600 (based on a business purchase with funding of $720,000). The SBA guaranteed loan must be approved by the SBA before 9/30/2021, or earlier if funds run out.

Detailed Information:

Location:

Maricopa County, AZ

Real Estate: 

Leased

Lease Expiration:

6/30/2023

Employees:

12

Facilities:

Approximately 4,500 sq. ft. of medical office space in a two-story office building completed in 2006 with an excellent mix of medical and professional tenants. Located 3.4 miles from Abrazo Surprise Hospital and just minutes from Loop 303 freeway. The facility includes four physician offices, eleven exam rooms, hearing procedure room, two nurses stations, reception area, sick waiting area, well waiting area, staff lounge and two restrooms.

Competition:

This pediatric practice is the market leader in this geographic area with offices adjacent to the top multi-provider ob-gyn practice. Built-in referral source.

Growth & Expansion:

1) Expand clinic hours; 2) Prenatal visits; 3) Post-delivery hospital visits; 4) Market to area obstetricians; 4) offer additional ancillary services; 5) increase internet marketing campaign.

Financing:

Seller Financing: 80,000

Support and Training:

The owner/medical director is willing to remain on staff post-closing through June 2023.

Reason for Selling:

There is not a successor to the current owner/medical director who would like to.