NEW ORLEANS GP General Practice

Employees: 1 Front Desk (FT)

This practice, located in the Seventh Ward, is a perfect Trifecta! It offers three different transition options for a buyer to perform exceedingly well on low overhead and high potential for expansion in all three of these transition approaches.
1. It can work as a startup operation, netting $100K on just fifteen hours per week, a great augmentation to any existing associateship. And it gives this buyer the ability to build their own profit instead of someone else’s. Click on the New Buyer button for details.
2. This can also work perfectly well as a merger, moving the patient base into a buyer’s current practice. This is easily done as there are no lease or building constraints. This approach will net a buyer $170K for producing only $240K in easy production. Click on the Merger Buyer button for details.
3. Or if you’re as lazy as I am, perform a Merger Purchase as in Option 2 above and have an associate perform all of the extra production for you and still net $80K for doing no extra work, but just for being smart. Click on the Entrepreneur Buyer button for details.
These net figures are after all extra overhead and debt payments. It’s your drive-away net income. The price of $199K is only about one quarter of the cost of a startup and all of the heavy lifting is already done. For a merger buyer, the transition is effortless. Uncle Sam will also let you deduct $50K of what you will owe him in taxes to apply to the price of this practice, so bottom line price is only $149K.
Merger buyers can use the hygiene profit of this practice alone to pay the debt service for them 1½ times each month. A merger buyer could also lose 92% of current income and still break even. Now there’s a rare combination - low risk and high reward.