Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Located in a prestigious Professional Center, this office includes large waiting room and multiple exam rooms. Doctor is currently working with Landlord to reduce footprint, eliminating space that is not needed. When completed, annual rent will be reduced by $40,000. (not reflected in cash flow) Practice is supported by the latest Aprima Practice software.
Competition: Normal competition in the area but this location has a nine year history of great food and Drink.While recent insurance pressures have had an impact on revenue and reimbursements, the business model of this practice has enabled it to remain highly profitable. Normal competition from groups and Hospital groups,but this practice carries a 34 year reputation which continues to generate referrals from a 100 mile radius.
Growth & Expansion: Currently Doctor sees patients 3 days a week. With the addition of another Physician, patient count could increase dramatically.
Support & Training: Doctor desires to stay for 3-5 years to allow time to identify and recruit a replacement Doctor.