20 Yr Established Medical Practice – SOLD

This is s 20-year established internal medicine practice on the south side of metro Atlanta in the Peachtree City Area. Gross collections generated by the owner/practitioner and one part-time physician are approximately $800,000 per year. Net to the owner is $240,000 from business plus the practice pays him $120,000 a year in rent. The facility is a first class 5000 sq. ft. building with 8 examining rooms. The property is available for sale and the debt service should be less than the present lease cost. Asking: Business $775,000 Real Estate $1,300,000 Contact: Matt Wochele 770-551-8208 Sold

Psychology Practice – Established 25 years-SOLD

Psychology Practice – Established 25 year referral base practice in Marietta.

Revenue is in the $300,000 range. The practice has been steady and has grown over the past three years reaching revenue of $338,000 in 2011. The owner is ready for retirement. Presently he works 2 to 3 days a week. The owner’s discretionary earnings in 2011 topped $175,000. We are selling the practice and the building. Asking Price including the real estate is $610,000.

Contact Matt Wochele, CBI #404-863-2200.
Status: Sold.

Medical Practice – 20-years established-SOLD

Medical Practice – This is s 20-year established internal medicine practice on the south side of metro Atlanta in the Peachtree City Area.

Gross collections generated by the owner/practitioner and one part-time physician are approximately $800,000 per year. Net to the owner is $240,000 from business plus the practice pays him $120,000 a year in rent. The facility is a first class 5000 sq. ft. building with 8 examining rooms. The property is available for sale and the debt service should be less than the present lease cost. Asking: Business $775,000 Real Estate $1,300,000

Contact Matt Wochele, CBI #404-863-2200.
Status: Sold.

Medical Staffing for certain venues and events – 15 year old company-SOLD

Medical Staffing for certain venues and events – This well established business 15 year old company is one of a few medical staffing companies in Atlanta to provide personel for events and venues.

They are the preferred vender for some of the largest centers in Atlanta. The owner has a well oiled machine her typical work week is about 20 hours. She is ready to retire and move to Florida with her family. She is offering to work with the new owner for up to three months to insure a smooth transition. Revenue ranges from the $260,000 to $300,000 with the owner’s earnings in the $50,000 to $65,000 range. Asking $125,000 which includes about $30,000 to $40,000 in equipment.

Contact Matt Wochele, CBI #404-863-2200.
Status: Sold.

Medical Spa – They opened in January 2013-SOLD

Medical Spa – They opened in January 2013.

They have built a strong clientele and reputation in a short period. Profit to the owner who is a technician is anticipated to be close to $150,000 in 2014. Their equipment is paid for and has a value of $150,000 or more. We are asking $295,000 which includes the equipment. The owner is selling for medical reasons.

Contact Matt Wochele, CBI #404-863-2200.
Status: Sold.

Medical Service Business/Intraoperative Monitoring – Established in 2005-SOLD

Medical Service Business/Intraoperative Monitoring

This business was established in 2005 as an intraoperative monitoring (IOM) company headquartered in Atlanta GA providing rapid, accurate and reliable surgical monitoring support. IOM provides instant and early feedback to doctors during surgery such as excessive retraction of anatomic structures and interruption of cerebral brain stem, spinal cord or peripheral blood flow to name a few. This service benefits surgeons and hospitals from a risk management perspective. It benefits patients by preventing unnecessary invasiveness and compression which can cause irreversible damage which might not be detected until the recovery period.

Since inception the company has enjoyed year over year growth bringing 2013 revenue to $1,250,000 and owner s discretionary earnings (ODE) to $750,000. This year 2014 revenue is expected to exceed $2,200,000 with ODE coming in above $1,100,000. Based on new contracts with both hospitals and surgeons and the addition of new techs it is anticipated that 2014 will finish at least 60% to 80% higher than 2013. It is the opinion of ownership that revenue will exceed $2.2 million and ODE to be between $1,000,000 and $1,150,000.

The asking price is $3,800,000 for the assets of the company. The owner strongly believes that the growth potential of the company is exponential. The owner is willing to work with and for the new owner for a period of time necessary to fully exploit the contracts, connections, brand name and reputation that the company has developed over the past eight years.

Contact J. Snypp #404-966-5989 or Matt Wochele, CBI #404-863-2200.
Status: Sold.