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Los Angeles

  • Listing No.: 140-00050

  • Category: Practice Sales, Professional

Asking Price $495,000.00
Down Payment $200,000.00
Gross Revenue $673,101.00
Total Adjusted Net Income $387,452.00
Equipment / Fixtures $10,000.00
Year Established 1991
General Location Los Angeles
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This Adult & Geriatric Psychiatry practice has been established for nearly 30 years. The primary Psychiatrist is ready to retire but is willing to structure either seller financing or an earn out so a new Psychiatrist can take over with confidence that 30 years of referral sources and relationship will be transferred to him. Serious seller who has prepared his business for sale with the help of a Certified Public Accountant (CPA). He has all the necessary documents ready for due diligence, including tax returns, leases, equipment lists, financial statements and more. For more information including a detailed confidential opportunity summary with financial information and photos, please email Listing Agent.

Gross Revenue $673,101.00 Listed Price $495,000.00
Total Income $387,452.00 Down Payment $200,000.00
Base Rent $2,700.00 Square Feet 1400
Total Rent $2,700.00 Lease Expiration
Rent Deposit Lease Options
Inventory Not Included Leasehold Improvements
Equipment / Fixtures $10,000.00 Other Assets
Full-Time Employees 2 Training Period 30 days
Part-Time Employees 4 Special License Required Medical
Contract Staff Reason for Selling Seller is relocating

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.