Non-Emergency Walk in Urgent Care for Workplace Accidents

Business Summary:
Established over 15 years, this non-Emergency walk inurgent care has provided their services to business ownersin Indianna with their largest client making up less than 7%of revenue. The services provided include, Work Compscreenings and accidents, treating on the job injuries, DOTphysicals, drug testing, and pre-placement screening.Buyer does not need to be a doctor; the owner is in his late70s and is 100% absentee living in Mexico! Their team of19 includes 1 Business Development Manager, 3Providers (Nurse Practitioners), 3 Billing Reps, 10 MedicalAssistants, and 2 X-Ray Techs. Included in the purchase,a buyer would be in receipt of 2 vehicles, medicalequipment valued at $405,000, plus A/R and unbilledreceivables of $1,220,000 which collateralizes the loan at50%. This practice does not have any hospital affiliations.There is little to no competition in the area, outside ofexpensive hospitals. A 3rd location is fully equipped andready to open as soon as the staff is all trained.As a show of good faith and vested interest in the ongoingsuccess of the company, the owner will carry 25%.Boasting a profit margin of 45%, the numbers speak forthemselves! Priced at $4,950,000, this business is apassive opportunity with exponential growth opportunitiesrequiring minimal additional resources to be expended.Important Notes:• Elderly Seller with only 2 years of QuickBooks. Very unlikely a Quality of Earningsreport will be able to be completed.• SBA will only be available if a buyer putscash down 15%• There is a larger than normal A/R andunbilled Revenue.• The owner is totally absentee, living inMexico.