April 29, 2020
Profitable East Texas Multi-location Practice (Sold!)
New to the market in spring of 2020 is a two location, general practice in Eastern TX. Both practices are in free-standing buildings with 2,700 and 6,500 square feet, respectively. Combined, the practices have over 16,800 active patients! The current doctor has practiced in the community for nearly a decade and would like to stay on to continue the growth of the practice. The practices are about an hour an a half apart, near Beaumont and East TX Lake country.
For an overview of these profitable practices in Eastern Texas, read below:
- Total of 12 operatories with expansion opportunity
- Combined collections of $3.02 million
- Adjusted EBITDA of $765,000
- Over 165 new patients per month
Beaumont and East Texas are blessed with a number of large and beautiful lakes. Outdoor recreation with fishing, boating and water sports is plentiful and some of the best in the state. A number of National Parks and Preserves offer thousands of acres for camping, hiking and horse-back riding. Beaumont, TX is ideally located as well. Downtown Beaumont offers entertainment and cultural venues featuring live music, theater and museums. An hour an a half west is Houston with all the large-city attractions. On the other hand, east is Lake Charles, Louisiana and cajun culture and cuisine. A short hour south is the Gulf of Mexico with deep-sea fishing and boating opportunities. The area has a low cost of living and high quality of life! Additionally, Beaumont has been rated as one of the best places to live and retire.
Finally, if you’re ready to learn more and review the prospectus? Contact Kaile Vierstra with Professional Transition Strategies via email: email@example.com or give us a call: 719.694.8320. We look forward to hearing from you!