Selling a long established Internal Medicine practice in Glendale, California. Annual collections of $830,000 in 2017 with low overhead. Situated in a professional/medical building with 3 exam rooms, 2 doctor’s offices, and 1 procedure room. Balanced payor mix of 50% Medicare, 30% PPO, and 20% HMO. EMR system is in place. Seller will stay on post sale to assist with transition.
Glendale is a beautiful city that lays on the southern end of the San Fernando Valley. It is the 3rd largest city in Los Angeles County. Warm summers and relatively cool winters provide a “Mediterranean” climate year-round. Within Glendale lays a strong industry center covered by food, technology, and entertainment industries. A multitude of public parks, affluent schools, and safe neighborhoods provide a good area for growing families.