Established general ENT otolaryngology and sinus practice

Denton County, TX

Business Listed By:

Shaun F. Rudgear - Certified Business Intermediary / Commercial Real Estate Advisor
Shaun Rudgear, CBI, CBB
(972) 433-5313

Asking Price:

$1,275,000

Est. Monthly Payment:

$12,453

Gross Revenue:

$1,049,870

EBITDA:

N/A

FF&E:

$0
Payment Details: Estimated payment based upon 5.5% APR for 120 months with $127,500 down payment for well-qualified buyers. Terms may vary.

Cash Flow:

$613,977

Cash Flow After Annual Debt Service:

$464,541

Inventory:

N/A

Rent:

N/A

Established:

2001

Business Description:

Sale of a well-established general ENT otolaryngology and sinus practice established 20+ years ago. The practice is ideally located in the greater Dallas/Fort Worth area with limited competition. $1.5M in annual gross collections in 2019, working four days per week with substantial growth potential.

The payor mix is primarily commercial payors, low Medicare patient base, no Medicaid. The practice received 1,503 new patients in 2020 and 1,805 new patients in 2019.

Dream practice for a dedicated physician or an excellent acquisition for a medical practice group.

The practice is pre-approved for SBA financing. 10% seller financing available, subject to buyer credit approval.

Detailed Information:

Location:

Denton County, TX

Real Estate: 

Owned

Lease Expiration:

N/A

Employees:

N/A

Facilities:

The spacious 3,700 SF facility features three exam rooms, one operatory CT procedure suite, two private doctor’s offices, a manager’s office, a staff lounge, and a patient lobby with seating for eight patients. The building is available for sale or lease.

Competition:

N/A

Growth & Expansion:

1) Expand clinic hours; 2) Add additional providers; 3) Implement patient transition strategy for area ENT nearing retirement; 4) Create internet marketing campaign.

Financing:

Seller Financing: $127,500

Support and Training:

Well-trained and dedicated staff to remain in place. The seller is willing to stay to ensure a smooth patient transition.

Reason for Selling:

Preparing for retirement in the next 1-3 years