This is an amazing opportunity for an experienced Neurologist, group practice or corporate / private equity buyer looking to purchase / partner with a long-established Neurology practice located in the Greater Los Angeles market. The practice has consistent collections year-over-year with Cash Flow to the owner of ~$2 Million and an estimated post sale EBTIDA of ~$1.4 Million. This business has been Pre-Qualifed for financing with a minimum of 5% down.
This practice is located in a stand-alone building with visible signage on a major thoroughfare.
With thousands of active patients, the practice currently sees approximately 50 patients per day and averages 250 new patients per month.
The selling Neurologist is willing to stay on after the transaction and sign a long-term employment contract.
This Neurology Practice is priced at $3,995,000.
Collections Trend:
2022 - $2.87MM **projected ($957,401 thru April)
2021 - $2.65MM
2020 - $2.19MM
2019 - $2.81MM
2018 - $2.35MM
Most common neurologic conditions seen in practice (not necessarily in order of frequency)
1. Migraine. Headaches. Dizziness 2. Dementias 3. Seizures 4. Neuropathies including entrapment 5. Parkinson's disease and other movement disorders 6. Multiple sclerosis 7. Stroke 8. Musculoskeletal pain. ( neck and low back) Main Procedures: EMG/ NCS EEG Botox
The practice has an established following and an experienced staff. Outpatient care for a large variety of neurological conditions is provided. Long term referral relationships, word of mouth and ongoing patient care provide the majority of production.
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