Very Busy Medical Clinic / General Family Medicine

Cook County, IL

Asking Price:

$1,149,999.00

Cash Flow:

$519,480.00

Multiple:

2x

Gross Revenue:

$1,188,651.00

FF&E:

0

Established:

N/A

EBITDA:

$0

# of Employees:

7

Asking Price

$1,149,999.00

Cash Flow

$519,480.00

Gross Revenue

$1,188,651.00

Multiple

x

FF&E

N/A

Established

N/A

EBITDA

$0.00

# of Employees

7

Business Description

General Medicine Highly Profitable Clinic

*Seller willing to entertain 30% seller financing with strong offer and if buyer is the physician to operate the clinic.

Exceptionally profitable family medical clinic operated by a General Physician that accepts many different forms of payment including Illinois Medicare. A very well-known, clean, and diverse location that not only holds a CLIA Certification to perform lab work on the premises, but only engages with patients four days a week and currently turns away the overflow of prospective patients. The physician collectively works 5-6 days per week to handle administrative duties.

Five medical support staff separate from the Physician, and two administrative support staff.

Services include but not limited to: EKG & inhouse blood tests, treatment of chronic illnesses, walk-in urgent care, administration of vaccines, diagnosis of acute illnesses, COPD & Asthma treatment and serving patients from one day old to senior.

2022 Billings/Receivables were $1,115,000 resulting in a Total Seller’s Discretionary Net Earnings of: $543,000
2021 Billings/Receivables were $1,053,000 resulting in a Total Seller’s Discretionary Net Earnings of: $507,000
2020 Billings/Receivables were $947,000 resulting in a Total Seller’s Discretionary Net Earnings of: $432,000
2019 Billings/Receivables were $940,000 resulting in a Total Seller’s Discretionary Net Earnings of: $447,000

Exam rooms: 4, Exam Beds: 4, Waiting room: 1, Doctor Office: 1, Computer Office: 1, Lab: 1, Manager room: 1, Reception area: 1, EKG Machines: 3, EMR Practice Infusion,

Business Location

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