Concierge Geriatric Practice – Very Profitable (Northern Arizona)

Yavapai County, AZ

Business Listed By:

Shaun Rudgear
(602) 362-8322

Asking Price:

$560,000

Est. Monthly Payment:

$1,665

Gross Revenue:

N/A

EBITDA:

N/A

FF&E:

N/A
Estimated payment based upon 6.0% APR for 120 months with $15,000 down payment for well-qualified buyers. Terms may vary.

Cash Flow:

$271,272

Cash Flow After Annual Debt Service:

$62,181

Inventory:

N/A

Rent:

$3,871.75 per Month

Established:

2013

Business Description:

Looking for quality of life, low stress and a great income?What an ideal geriatric practice for a physician seeking a life and work balance. The current owner see patients just 28 hours per week in the office with house calls and facility visits varying weekly. The practice grosses more than $750,000 annually, only managing 230 patients. This concierge practice was founded in 2013 with a solid team supporting operations, making it a turn-key business for other doctors looking to own their practice.

Grounded in the belief that patient-centered care is essential to excellent care, the founder has always believed that his contract is with the patient, not with a healthcare organization or an insurance company. Consequently, the practice is a non-participating provider with Medicare and does not have any managed care contracts.

This is a fully independent concierge practice, not a franchise. Members of the practice receive the following services:

• Optimal health program with annual advanced diagnostics
• Integrated lifestyle medicine with health coach services
• Continuous chronic disease management with frequent follow-up.
• Personal health portfolio
• 24/7 phone access to the physician
• One in four call group
• Same day/next day, no wait, longer appointments
• Closer coordination and follow-up of specialist care

MEMBERSHIP HAS ITS PRIVILEGES!

Detailed Information:

Location:

Yavapai County, AZ

Real Estate: 

Leased

Lease Expiration:

1/31/2023

Employees:

6

Facilities:

This practice operates in a single tenant 1,822 SF one level office building with walk-up parking and is situated in a medical office park. There are two exam rooms and a procedure room, membership director and health coach offices, nurses station, reception/business office, waiting room, two restrooms, staff lounge, server room, and Physician’s office with private entrance.

Competition:

N/A

Growth & Expansion:

Practice can be expanded by accepting more members, accepting younger patients into the program, and expanding the marketing efforts.

Financing:

112000

Support and Training:

The seller is willing to assist the buyer with the transition for approximately 3 – 6 months. This turn-key practice includes all office furniture, medical equipment, and supplies.

Reason for Selling:

Preparing for retirement