Urgent Care Clinic
North Oregon Coast
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BUSINESS PROFILE |
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This facility was put together by a couple of doctors believing the unit could be run absentee....Not! It is located on the beautiful north Oregon coast and needs a resident doctor to own and run the facility for it to be profitable. In addition to a procedure/triage room, the clinic has 6 fully equipped exam rooms ready to treat motor vehicle, worker's comp and other urgent care cases. The location is on the ground floor of a major medical facility where numerous other healthcare offices provide a very synergistic atmosphere.....All of the equipment and amenities are either owned or shared and include but not limited to: X-ray, dialysis , physical therapy and has a full service pharmacy. The clinic is located in a market with enormous potential since there is a shortage of medical services...most close at 5:00 pm, whereas urgent cars is a 24/7 operation.
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RECASTED SUMMARY INCOME STATEMENT |
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| | 2010 Annualized | 2010 | 2009 | 2008 Startup 6 mo | 2007 | | | Sales | $607,580 | $151,895 | $605,734 | $0 | $0 | | Cost of Sales | $361,544 | $90,386 | $411,304 | $0 | $0 | | Gross Profit | $246,036 | $61,509 | $194,430 | $0 | $0 | | Expenses | $444,156 | $111,039 | $392,125 | $0 | $0 | | Net Operating Income | ($198,120) | ($49,530) | ($197,695) | $0 | $0 | | Depreciation / Amortization | $8,028 | $2,007 | $8,027 | $0 | $0 | | Interest Expense | $0 | $0 | $0 | $0 | $0 | | Officers Salary | $101,000 | $25,250 | $101,000 | $0 | $0 | | Sellers Discretionary Income | $94,708 | $23,677 | $98,222 | $0 | $0 | | TOTAL CASH FLOW
(Seller's Discretionary Earnings) | $5,616 | $1,404 | $9,554 | $0 | $0 |
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PRICE & TERMS |
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| Purchase Price: | $325,000 |
| Down Payment: | $125,000 |
| Inventory: | $2,500 |
| Equipment: | $90,000 |
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LEASE |
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| Base Rent (Includes CAM) | $5,355 |
| Expires: | 1013 |
| Option(s): | 5- five year |
| Square Feet: | 2,650 |
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OPERATIONS |
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| Number of Employees: | | Full Time | Part Time |
| Owners | | 0 | 0 |
| Non Owners | | 8 | 0 |
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| Licenses Required: | Medical, City Biz |
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| Hours of Operation | Monday
24/7 |
Tuesday
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Wednesday
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Thursday
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Friday
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Saturday
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Sunday
24/7 |
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MISCELLANEOUS |
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| Reason for Sale: | Too far to travel to maintain control |
| Year Established: | 2008 |
| Type of Organization: | S-Corp |
| Training: | If needed |
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Disclaimer: The information herein is compiled from information provided by the Seller(s). NorWest Business Sales makes no representations as to its accuracy or reliability. Prospective Buyer(s) should rely upon their own verification and that of their financial advisors with respect to this information.
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