Established OB/GYN Practice #024102

  • For Sale

About The Opportunity

  • Solo practice established over 30 years with great reputation and loyal clientele.
  • High client return rate, consistent referrals and an excellent reputation, which even extends internationally.
  • Practice is more profitable than peers because patients pay higher out-of-pocket fees.
  • Revenues were not affected by COVID 19. Practice grew despite the pandemic.
  • Physician/Owner is looking to retire and is willing to stay on for whatever timeframe necessary to ensure a smooth transition.
  • View video listing and access NDA - www.goexio.com/obgyn-practice

Value Proposition

  • Revenue = $885k (3-yr Avg); Seller Discretionary Earnings = $300k (3-yr Avg)
  • Approximately $151k FF&E and $14k Inventory included in the sale. Seller financing available.
  • Practice operates out of a 2,000 sq ft facility in an ideal location with a surgical center below the practice and a main O.R. / labor / delivery unit just across the street.
  • Space is equipped with five exam rooms, one small lab, and three consultation rooms. Ample space for at least two doctors to work in tandem.
  • Staff of 6 well-trained, long-tenured employees. Employee turnover is very low at this practice.
  • Practice has grown organically through reputation and customer referrals.
  • View video listing and access NDA – www.goexio.com/obgyn-practice

 

Other Important Information

This OB/GYN practice has successfully established itself as a trusted name not only throughout densely-populated Southern California, but beyond the Mexican border, attracting several of the country’s high-profile artists, politicians and athletes who are seeking the best care possible for themselves and their loved ones.

The practice has even attracted a high percentage of patients willing to venture outside of their own health insurance network and pay higher out-of-pocket fees in order to deliver their children under the care of this reputable practice and its physician. This also means the business is more profitable than other peer OB/GYN practices whose patients pay predominantly through insurance.

 

 

By The Numbers

2017201820192020
Gross Sales$796,720$757,468$893,079$1,002,839
SDE$247,426$219,096$261,428$417,026

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