The practice facility rests in a convenient location on a main street. It’s a quaint, residential area with houses surrounding the practice, churches up the street, and views of the Appalachian Mountains. The facility housing the practice is a two-story building of approximately 5,000 SF and rests on a lot of approximately 5,000 SF. The hospital operates out of the bottom portion (1st floor) of the building, which is approximately 2,500 SF. The top portion (2nd floor) of the building is wide open with high ceilings and exposed rafters. This area is currently being used for storage but can easily be rented to churches or organizations for additional income.
This practice has produced a steady increase in gross revenue each year for the past three years. The practice grossed just over $468K in 2020 and presents an excellent opportunity for a new owner. The practice has great cash flow, and a new owner can look forward to a generous after-debt income (ADI)! This practice is poised for an individual entrepreneur who wishes to own their own business and further grow a well-established, profitable practice.
After nearly 40 years in business, the current owner is ready to retire and sell this practice. The seller is ready to hand the practice over to a new doctor who wishes to build their own legacy and continue the excellent practice reputation. They are passionate about the business they have built and want nothing more than a successful future for the practice and clients in the community. The seller plans to do everything possible to make for a seamless transition to a new owner.
Type: ALL PRACTICES For Sale
Price: Gross Rev $468K 5000 SF + Real Estate0
Area: Gross Rev $468K
Property ID: WV4