Well established podiatric clinic, over 30 years, in busy part of LA. Serving about 30% Medicare, 30% PPO, and the rest cash, very little HMO, for over 30 years. Owner is doctor himself, working part time (3 days, 20h per week) and is supported with 2 independent 1099-doctors ($18,000/month), with W2-staff of 12 (payroll $40,000/month).
Practice is grossing over $1,300,000 per year and net about $420,000 per year.
Lease is $3,600/month for around 2,000 SF. 55+ parking places. Seller owns the building, good lease and option to purchase Real Estate is possible.
Equipment included is worth around $250,000.
Seller is ready to stay for transition and carry bigger note for qualified buyers.
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