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LISTING 02On Market

Established Gastroenterology Practice and ASC, Real Estate Included

East Texas. Location disclosed to qualified buyers.
  • Asking price$10,000,000
  • Cash flow (SDE)$2,700,000
  • EBITDA$2,350,000
  • Revenue$4,600,000
  • Real estate included$1,500,000
  • Established1992
Recovery bays inside the ambulatory surgery center

Established gastroenterology practice (1992), its co-located Medicare-certified ambulatory surgery center (2006) and the purpose-built building that houses both, offered together. Everything conveys debt-free: no notes, no equipment leases, no lines of credit, and the real estate owned free and clear for more than twenty years.

The only ASC-based GI provider for a wide, multi-county catchment, with a regional hospital in immediate proximity. An SBA 7(a) plus conventional structure has been reviewed by a national lender, with a pre-approval letter on file; a minimum of $1 million of liquidity is expected, and physician or MSO ownership structures are both open.

SBA loan eligibleSeller financingReal estate includedMedicare-certified ASC

At a glance

  • Practice established 1992; co-located Medicare-certified ASC since 2006
  • Purpose-built building included, owned free and clear for more than twenty years
  • Debt-free: no notes, no equipment leases, no lines of credit
  • Only ASC-based GI provider in a multi-county catchment, regional hospital nearby
  • SBA 7(a) plus conventional structure reviewed by a national lender, pre-approval letter on file
  • Minimum $1 million of liquidity expected; physician or MSO ownership both open

What you receive after the NDA

The confidential information memorandum, the financial summary and written answers from the sell-side team. A written non-binding indication of interest then opens the data room and access to management. Buyer qualification is a short bio, a personal financial statement with proof of funds, and a lender pre-qualification or funding letter if the purchase will be financed.

On this business the group represents the seller. Buyers are welcome to bring their own advisor, lender and attorney, and we will work with them. No company in the group provides a buyer-side review, valuation, QofE or diligence on a business the group is selling. Please do not contact the business, its staff, landlord or suppliers directly.

How buying works

Three steps from the teaser to the data room.

STEP 1

Sign the NDA and qualify

A short bio, a personal financial statement with proof of funds, and a lender pre-qualification or funding letter.

Before any confidential information is shared
STEP 2

Receive the CIM and ask questions

The confidential information memorandum, the financial summary and written answers from the sell-side team.

Usually within a few days of qualifying
STEP 3

Written non-binding IOI

A written indication of interest opens the data room and access to management. A letter of intent follows once price and structure are agreed.

Data room and management access
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Asking price$10,000,000
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