Listing #: 106-15118
Category: Miscellaneous
  • Listed Price $ 50,000
  • Down Payment $ 40,000
  • Gross Sales $ 488,161
  • Total Income $ 344,281
  • Equipment/Fixtures$ 10,000
  • General Location Los Angeles
For more information contact:
Satoshi Kanuma
Office: (858) 578-4111
Cell: (714) 420-4097
Office Website

General Practice Clinic 344k Take-Home Est'd 37 Years

This Korean-speaking high cash flow solo practice internal medicine and gastroenterology clinic has a great reputation for being the most trusted in the Los Angeles Korean community for over 37 years. 80% of the patients are with Medicare. 95% of the patients communicate in Korean language. The owner MD sees patients 23 hours a week and takes home over $344,281. The buyer must feel comfortable with using Korean as the primary language of communication with patients. Annual Gross Sales: $488,161; Adjusted Net Income: $344,281. Asking: $50,000. Financing available to qualified buyers. Good accounting records.

Financial Information

  • Gross Sales:$488,161
  • Total Income: $344,281
  • Listed Price:$50,000
  • Down Payment $40,000

Financing: $40,000 DP; Balance SCN for 6 months at 6% interest.

Assets & Lease Information

  • Inventory: $3,000
  • Leasehold Improvements: $
  • Equipment/ Fixtures: $10,000
  • Base Rent: $2,800
  • Total Rent: $2,800
  • Rent Deposit: $0
  • Year Established: 1981
  • Square Feet: 1,096
  • Lease Ends:
  • Lease Options: Month to Month
  • Categories: Miscellaneous
  • Other Assets:

Additional Information

  • Full-Time Employees:2
  • Part-Time Employees: 0
  • Contract Staff: 0
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  • Training Period: One week
  • Special License Required: Medical License
  • Reason for Selling: Retirement

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.