Practice Sales and Valuations

Medical, Dental, Optometry, Chiropractic, Etc.

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Established Practice in San Antonio
PX Type:Pediatric Neurology
State:TX
Location:San Antonio
Asking Price:\$575,000
Reason for Selling:Retirement
Contact Broker:Ken Harbin at (281) 251-7166
Email Broker:ken@practicebrokers.com
Listing Status:For Sale
  

Broker: Ken Harbin

Telephone: (281) 251-7166


This is a solo practitioner practice located in San Antonio, Texas. The owner is retiring after practicing since 1972. This practice has been in the same location for the past 24 years. There is a growing need for pediatric neurologists in this fast growing city, due to existing specialists retiring. This practice stopped accepting Medicaid patients five years ago due to decreasing reimbursement rates. Gross patient fees over the past five years (through September 30, 2017) have averaged \0,000. Discretionary earnings (free cash flow) has averaged \3,000 over the same period. This owner sees approximately 68-70 new patients per week. An opportunity exists for a younger physician to add patients and reimplement Medicaid patients.
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Medical Practice Brokers LLC brokers all types of healthcare-related professional practices.  From solo practices to large group practices.  From medical and optometry and dental and chiropractic and homepathic practices to multi-disciplinary practices.  From a single location to practices with multiple locations.

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