Arizona Internal Medicine Practice For Sale

Phoenix, AZ

Business Listed By:

Shaun Rudgear
(602) 362-8322

Asking Price:

$575,000

Est. Monthly Payment:

$5,745

Gross Revenue:

$699,214

EBITDA:

N/A

FF&E:

N/A
Estimated payment based upon 6.0% APR for 120 months with $57,500 down payment for well-qualified buyers. Terms may vary.

Cash Flow:

$240,292

Cash Flow After Annual Debt Service:

$171,352

Inventory:

N/A

Rent:

N/A

Established:

2006

Business Description:

Busy 15-year-old Arizona Internal Medicine Practice for sale in west Phoenix. High growth area with rapid expansion. The practice currently has 1,700 active patients and sees an average of 23 patients per day and is located within close proximity to major area hospitals.

The internal medicine practice occupies 2,170 SF of clinical space with a 4,543 SF single-level office condo. The building is available for sale at $1,200,000. Located in a sought-after medical complex area.

Revenue of $699,214 in 2020 with a solid network. Payer mix consists of 55% Commercial, 20% Medicare and 25% AHCCCS. Current EMR practice management is provided through third-party services with eClinicalworks. Staff will remain post-sale. The retiring owner will provide transition assistance to the new owner.

Owner/Physician and well-trained, multi-lingual, and dedicated staff to remain on staff and assist in a smooth transition. Most major insurances accepted include Medicare, AHCCCS, TriCare, Aetna, BCBS, Cigna, United Healthcare, and many other commercial insurance plans.

Detailed Information:

Location:

Phoenix, AZ

Real Estate: 

Owned

Lease Expiration:

N/A

Employees:

N/A

Facilities:

The practice has four fully equipped exam rooms, a procedure room, a lab area, a waiting room for 10 people, a reception area, one Physician office, PA/NP office, Office Manager office, two restrooms, staff lounge, and one storage room.

Competition:

N/A

Growth & Expansion:

N/A

Financing:

N/A

Support and Training:

N/A

Reason for Selling:

Seller is preparing for retirement