Established Family Medicine Practice with 5,000 Active Patients

Chandler, Arizona (Maricopa County)

Business Listed By:

Shaun Rudgear
6025529891

Asking Price:

$1,050,000

Est. Monthly Payment:

N/A

Gross Revenue:

$1,245,446

EBITDA:

N/A

FF&E:

0
N/A

Cash Flow:

$525,000

Cash Flow After Annual Debt Service:

N/A

Inventory:

N?A

Rent:

N/A

Established:

2007

Business Description:

Busy Family Medicine Practice Positioned for Growth

The philosophy of this practice is to educate patients and enable them to make healthy lifestyle choices. Medical services include preventative health, men’s and women’s health, anti-aging, hormone replacement, and medical weight loss. The patients feel like family because the medical providers take the time to understand each patient’s unique history and create a personalized care plan with an emphasis on prevention and wellness. This turn-key practice includes all office furniture, medical equipment, and supplies.

The 4,127 SF building is offered for sale at $930,000 ($225/SF) and will be sold along with the practice as a package.

Detailed Information:

Location:

Chandler, Arizona (Maricopa County)

Real Estate: 

Valued at $930,000 ($225/SF) and will be sold along with the practice as a package.

Lease Expiration:

N/A

Employees:

7

Facilities:

The family medicine practice occupies approximately 2,700 SF of clinical space within a 4,127 SF single-level office condo. The practice has 5 fully equipped exam rooms, waiting room for 9 people, reception area, one Physician office, PA/NP office, MA station, 3 restrooms, a weight loss consult room, and staff lounge. Additionally, there are approximately 1,427 SF of clinical space dedicated to diagnosis, treatment and prevention of mechanical disorders of the musculoskeletal system. The office suite includes four treatment rooms, physical therapy room, patient lobby, business office and restroom. It is currently being leased to a Chiropractor.

Competition:

N/A

Growth & Expansion:

1) Add additional providers; 2) Implement a comprehensive marketing plan (none exists); 3) Expand office hours; 4) Add ancillary services.

Financing:

$105,000

Support and Training:

The seller is willing to assist the buyer with the transition for approximately 6+ months. Trained staff will stay with the practice.

Reason for Selling:

The current owner desires to relocate out-of-state.