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Space is 3715 sq and includes a reception area; 2 exam rooms; 3 drug testing bathrooms/one handicap; doctor office; VP Office; accountant and consultant office/share space; lab room; EKG room/stress test room; pulmonary fitting and testing room; hearing booth testing room; 2 vision testing Rooms; staff office room/cubicles; 2 storage rooms; break room; employee bathroom; room set for filling out forms and talking to patients; and X-ray room. Space layout can be found in documents.
There are some businesses in the area that compete but are not able to specialize in working companies and handling their specific occupational health needs. There is a business that specializes in drug testing but cannot handle the physical exams portion that companies are requesting. Another competitor specializes in urgent care but doesn’t like to deal with companies and their employees. A local doctor’s office handles occupational health but specializes in family medicine, etc. This company has created a special niche in the area by providing occupation health solution for companies and their employees.
Business has already seen growth in 2017. The seller is an accountant/CPA so the financial records are superior. The data from January through June 2017 annualized, shows a revenue increase of $566,312 or a 2017 total revenue of $1,698,242 compared to the 2016 tax return total revenue of $1,131,930. Similarly, the annualized owner benefits for 2017 are $601,082 or an increase of 43.8% compared to $418,019 per the 2016 tax return. The occupational health industry has been growing specifically in the West Virginia area considering President Trump has promised the coal industry more work which has resulted in an increase in our client traffic. Also, the oil and gas industry has ventured into West Virginia which has been very beneficial considering coal was a big part of the business prior to President Obama.
M-F 8am-5 pm; Sat by appt; 24 hr svc avail
Will train for 4 weeks @ no cost. Management experience.
$1,100,000 Down/ $100K for 60 mos. @ 6%. This business could be financed with an equity investment of 25% of contract sales price or an estimated $300,000.