Thriving Family Medical Practice with Lucrative Capitation Contracts

Hawaii County, HI
pretty indian intern using laptop on beach

Business Listed By:

Shaun Rudgear
(602) 362-6665

Asking Price:

$1,250,000

Est. Monthly Payment:

$N/A

Gross Revenue:

$2,163,841

EBITDA:

N/A

FF&E:

N/A

Cash Flow:

$630,816

Cash Flow After Annual Debt Service:

$N/A

Inventory:

N/A

Rent:

$3,174 per month

Established:

2011

Business Description:

Located in paradise, this multi-provider family medicine practice offers a complete range of primary care, preventive, and specialty medical services designed to meet the various health needs of all ages. Gross revenues have averaged $2,235,000 during the past four years.  Staffed by a well-rounded team of board-certified providers, the practice serves patients in Hawaii County.

The experienced group of physicians, nurse practitioners, and specialists take a holistic, multidisciplinary approach to medicine that encourages the patient to be an active participant in their health care.

In addition to diagnosing and treating acute illness, managing chronic conditions, providing annual physicals, and performing routine disease screenings, this practice offers a full scope of complementary medical services ranging from weight loss and nutrition plans to comprehensive mental health care and stress management.

With a board-certified podiatrist, HIV specialist, occupational medicine physician, and an osteopathic doctor, the practice also offers valuable specialty services like chronic pain management, regenerative medicine, acupuncture, and comprehensive foot and ankle care.

Detailed Information:

Location:

Hawaii County, HI

Real Estate: 

Leased

Lease Expiration:

May 31, 2023

Employees:

14

Facilities:

Single level 1,800 SF medical office. Facilities include a patient lobby with seating for 15 patients, reception, 6 exam rooms, 1 patient restroom, 1 staff restroom, 2 MA/nurse stations, staff lounge, 1 conference room, laboratory, and 1 storage room. The building has over 20 shared parking spaces. Assets include 12 iMac computers, high-speed scanners, 8 desks freestanding or built-ins, diagnostic wall units Welch-Allyn x4, Ritter 222 exam tables (5)

Competition:

N/A

Growth & Expansion:

Great opportunity to grow this turn-key medical practice by adding an additional provider and expanding services. Existing practices can gain market share within the Hawaiian healthcare market.

Financing:

$125,000

Support and Training:

The physician owner will remain post-sale for approximately 3 – 6 months to assure a smooth transition.

Reason for Selling:

Owner is interested in pursuing other business opportunities