Flourishing Family Practice for Sale with 18,300 Annual Encounters

Jacksonville
female patient being reassured by doctor in hospital room

Business Listed By:

Shaun Rudgear, CBI, CBB
602-552-9891

Asking Price:

$1,100,000

Est. Monthly Payment:

$N/A

Gross Revenue:

$1,872,728

EBITDA:

N/A

FF&E:

N/A

Cash Flow:

$655,455

Cash Flow After Annual Debt Service:

$N/A

Inventory:

N/A

Rent:

$9,567 per month ($14/SF)

Established:

2010

Business Description:

Established in 2010, this busy Family Medicine practice is located Central Jacksonville, with $1,872,728 in gross revenues in 2021.  Known for treating its patients and staff like family, this in-demand Jacksonville Family Practice provides compassionate healthcare to serve adults and seniors in the community.  The practice enjoys robust word-of-mouth referrals, community outreach, and an active website fueled by its internal marketing staff.

Physician/seller to assist in a smooth transition. The well-trained and dedicated bilingual staff of twenty-five willing to remain, including three Nurse Practitioners. 

The clinic facilities include 8,200 SF of leased clinic space with an open layout and a large lobby/waiting room with seating for 95 patients.  There are 21 exam rooms, 1 X-Ray suite, 2 phlebotomy rooms, 1 EKG room, 4 patient restrooms, two staff restrooms, and 54 dedicated parking spaces.  There is an additional 1,350 SF of adjoining office space available for administrative back-office support if needed.  EMR/PM is managed with eClinicalworks.

Situated in northeast Florida, Jacksonville is the first major city you will come across in Florida when driving South on Interstate 95.  Known to have the most shoreline of any city in the United States, Jacksonville is an ocean lover’s dream destination.  Spanning about 22 miles, the beaches here will offer you access to piers, surfing, kayaking, and boating. 

Growth opportunities include expanding provider staff and clinic hours to include evenings and weekends.  Participation in an ACO or adding ancillary services would also enhance the bottom line.

Detailed Information:

Location:

Jacksonville

Real Estate: 

Owned, available for lease.

Lease Expiration:

N/A

Employees:

25

Facilities:

The clinic facilities include 8,200 SF of leased clinic space with an open layout and a large lobby/waiting room with seating for 95 patients. There are 21 exam rooms, 1 X-Ray suite, 2 phlebotomy rooms, 1 EKG room, 4 patient restrooms, two staff restrooms and 54 dedicated parking spaces. There is an additional 1,350 SF of adjoining office space available for administrative back-office support if needed. EMR/PM is managed with eClinicalworks.

Competition:

TBA

Growth & Expansion:

Growth opportunities include expanding provider staff and clinic hours to include evenings and weekends. Participation in an ACO or adding ancillary services would also enhance the bottom line.

Financing:

$350,000 to qualified buyer on approved credit

Support and Training:

Transition assistance will be provided to new physician buyer to ensure a smooth business transfer.

Reason for Selling:

Owner wants to pursue other business opportunities