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Sold: Rheumatology Practice in Jeffersonville, Indiana

Jeffersonville, Indiana

1992
Medical Practices
$450,000.00

Office Description

Sold: Selling a Turnkey Rheumatology Practice with its Office Condo located close to the Primary Care Hospital in the area. The practice is located in Southern Indiana, across the Ohio River from Louisville, Kentucky. This expandable two day a week practice generates $60,000 of collected billings a month ($720,000 annually) with an EBITDA or net to the doctor of $275,000 annually.

Medical Property Details

Sold: Selling a Turnkey Rheumatology Practice with its Office Condo located close to the Primary Care Hospital in the area. The practice is located in Southern Indiana, across the Ohio River from Louisville, Kentucky. This expandable two day a week practice generates $60,000 of collected billings a month ($720,000 annually) with an EBITDA or net to the doctor of $275,000 annually. The practice and the Office Condo are being sold together for $450,000.Favorable financing is available for the qualified purchaser. The recently renovated Office Condo has 3,072 square feet, six examination rooms, and other rooms. Furniture, fixtures and equipment are included as is client information, medical records, and miscellaneous such as office supplies. The seller will assist with practice introduction, as well as expansion during the transition period. There is no competition in the immediate area. The seller is nearing retirement.


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