Business For Sale. Magical 26; Wonderful Pediatric Practice

Step into this Pediatric practice with a spring in your step, as you are entering another world, one of love and caring and healthy solutions21; This Highly regarded Pediatric Practice is Ready for you to Join in and Enjoy the Loyalty and relationships earned through a lifetime of tender loving care to the patients and community21;21; The TLC and attention to detail offered by the staff keeps the patients happy, and leads to many referrals from the patients, local hospitals, local OBGYN92;s and overflowing waiting rooms of some competitors. The retirement age Seller may stay on for a transitional period to help the new owner, and plans then to lecture at medical schools and travel. Other staff consists of two pediatric physicians, three pediatric nurse-practitioners, nurses, office staff, and administrative personnel that totals thirteen including the Owner and his spouse that comes in part time now that she is retired. Practice has been established for 44 years, 25 under the current owner. The 3396 sq foot facility is set up to accommodate the busy schedules of four clinitians all day, with a patient capacity of up to comfortably up to ninety patients per day. Patient base is made up of approximately 50%; HMO, with the balance of patients PPO and some pay as you go patients. Landlord is very happy with the practice as it enhances the quality of life for the community and this landlord prizes the quality of life and services offered in the landlord92;s area of service. Landlord is a foundation, and has made recent improvements to the building and space that benefit the practice. Unlimited parking is available in the spacious lot bordering the neat, comfortable complex of buildings where the practice is located. The practice also near a major university campus and this enhances the quality of life for those that are interested in University activities. The current lease ends 7-31-2011. Proposed Terms of sale based upon sell price of 24;1mil is 24;200,000 down, 24;100,000 seller carried note, 24;700,000 SBA loan. Seller note is 24;100,000, 60 months, 8%;, monthly payment 24;2027.69, SBA note proposed is 24;700,000, 7%;, 24;8128.59 for 120 months, all subject to credit approval. ACT NOW21;21; Become the New Owner and Lead Pediatrician for this Winning Team. Step Daily into this Magical World of Healing and Love and Caring and Healthy Family Solutions for Children21;21;21; Your Respected Spot in the World will make a major difference in the Lives of Many. Life is short, please take the time to spend your time wisely and thoughtfully in this meaningful Leadership Role in this Wonderful Community which is considered by many to be one of America92;s Finest Cities21;For more information, please contact Lonnie Langdon or Hazel Hofsess at (310) 539-8300.