Businesses for Sale:
Categories: Medical Practice
Location: Batlimore County, Maryland
Cash Flow: $530,000.00
Down Payment: $0.00
Furniture, Fixtures & Equipment: $18.00
Inventory: $0.00 (Included in price)
Summary Description: The practice is a single specialty general pediatrics practice started in 1975 by the owning doctor in the south eastern part of Baltimore County, Maryland. The practice was started to serve the greater Rosedale/Essex Maryland area in a caring, patient friendly, compassionate setting. Over the last 32 years the practice has grown to $530,000 in net profit (projected for the current fiscal year) with one physician and an office staff of two front office employees. The success of the business is evidenced in its longevity and consistent profitability. 2007 anticipated Revenue is approximately $780,000. This is an increase over the 2006 revenues which were $575,845. This business presents a lucrative, exciting, and expanding opportunity for the person that wants to take the business to the next level. The strong population growth in the practice s location places the business in an advantageous position for continued growth. The practice is headquartered Baltimore County, Maryland, just a short drive to a major hospital. The practice is a pediatric practice providing services throughout the greater south eastern region of Baltimore County, Maryland (many of his patients coming from the Middle River, Rosedale, Essex, and Nottingham areas). The office hours are: Monday: 9 am to 5 pm Tuesday: 9 am to 5 pm Wednesday: 12 am to 8 pm Thursday: 10 am to 3 pm Friday: 9 am to 5 pm The current owner founded the practice in 1975 in Rosedale, Maryland. The doctor has steadily grown the practice over the years to its current profitability and revenues. The practice has approximately 2,000 patients. The practice is perfectly situated to take advantage of the current population growth in Harford County and Baltimore County and surrounding areas due to the United States Defense Department s Base Realignment and Closure (BRAC).
Year Eestablished: 1975
Facilities: The practice is located in an approximatley 1,400 square foot leased office. The current rent is $1,600 per month
Competition: Competitive Advantages: The practice has a strong reputation as the premier pediatric care provider because of its experience, professionalism, and focus on customer satisfaction. Patients appreciate and have come to rely on the practice's higher level of
Growth and Expansion: Opportunities:The real opportunity for the practice and its new owner is in the continued growth potential of the practice.
About the Sale
Support/Training: Seller is willing to stay on for six months for a smooth transistion.
Reason Selling: Owner is planning to retire.
Contact: Michael K. Mathews
Phone: (443) 512-8991
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