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Neurology and Sleep Medical Practice

Las Vegas, Nevada

Asking Price: Gross: Cash Flow:
$4,200,000 $3,291,048 $1,587,285

Furniture and Fixtures Value:
$0 ( not included in the asking price)

Inventory Value:
$0 ( not included in the asking price)

Real Estate:
$0 ( not included in the asking price)

Business Summary:
Price reduced. This long-established Neurology practice comprises three locations, two specializing in General Neurology and one a Sleep Clinic. One in Nevada and two in a bordering State. The practice treats Neuropathy, Dizziness, Sleep Apnea, Epilepsy, Falls and Headaches. Staffing includes the seller/Neurologist; associate part-time Neurologist; mid-level providers (MAs and NPs); lab techs; billers; office managers and receptionists. The purchase price, revenue and adjusted net income are for all three (3) locations. The adjusted net income reflects an owner-operator. For a non-neurologist buyer, a replacement Neurologist salary is estimated to be $394,000.00 thereby reducing the adjusted net income (SDE) to $1,193,285. The Nevada location is represented by First Choice Business Brokers Las Vegas (#101), Freddie McFinn, Broker/Salesperson, R.E. Lic. #BS.0038787, Bus Broker Permit #0000020. The other locations are represented by a separate brokerage. Please call or email listing agent. A Signed NDA and Proof of Funds Required.

 
   
   
Year Business was Established: 2013
   
Number of Employees: 4 FT  
   
Facilities / Terms of Lease: This is a leased location of 1,650 square feet with a Total monthly rent of $3,075. New lease with One 5-years options. Seller is active with 4 FT employees. Hours of operation are 8am – 5pm Monday to Thursday. Medical license required.  
   
Owner willing to train: 90 Calendar days  
   
Reason for selling: Retiring  
 

 

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