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Concierge Internal Medicine Practice – Santa Barbara County

Business Information:

Turn-key medical practice in affluent Central Coast market

Turn-key medical practice in an affluent California market. Break free from insurance-based medicine!
TIRED OF SEEING 25+ PATIENTS/DAY? This established concierge practice offers the perfect escape from the insurance treadmill. Build equity while practicing quality lifestyle medicine.FINANCIAL PERFORMANCE – 5 YEAR TRACK RECORD:

2024: $363,431 SDE (51.2%)
2023: $315,723 SDE (47.3%)
2022: $391,250 SDE (53.2%)
2021: $398,120 SDE (55.0%)
2020: $376,670 SDE (52.6%)

WHY THIS PRACTICE WORKS:

40+ year established reputation in Santa Barbara County
Recession-resistant concierge model with predictable monthly revenue
Premium demographics – median household income $118k+
Only 1,250 annual visits vs 6,000+ in traditional practice
Month-to-month lease at $2,100 (extremely low overhead)

OPERATIONS:

2 exam rooms, 1 procedure room
Long-term staff: 31-year office manager + medical assistant
AdvancedMD EHR system
Services: comprehensive physicals, same-day visits, home visits, travel medicine

IDEAL BUYER: Board-certified Internal Medicine/Family Medicine physician seeking work-life balance, genuine patient relationships, and practice ownership.

In Association with broker, Scott Reid of ParaSell, Inc. (California Lic #02101543)

  • Asking Price:
  • $650,000
  • Est. Monthly Payment:
  • $N/A
  • Gross Revenue:
  • $709,889
  • EBITDA:
  • $N/A
  • FF&E:
  • $N/A
  • Cash Flow:
  • $363,431
  • Cash Flow After Annual Debt Service:
  • $N/A
  • Inventory:
  • $N/A
  • Rent:
  • $2,100 per Month
  • Established:
  • 2008

Detailed Information:

  • Real Estate: Leased
  • Lease Expiration: 12/31/2026
  • Employees: 2
  • Facilities: The practice occupies a single-level suite designed for patient comfort and provider efficiency. The space includes a welcoming waiting room with 4 chairs, a central reception area, 2 exam rooms, 2 provider offices, 1 procedure room, and 1 restroom. The interior layout is practical and well-organized, creating a streamlined environment that supports high-quality, personalized care.
  • Competition: MARKET POSITION: Only male concierge physician in area Minimal competition Strong community network 40+ year reputation
  • Growth & Expansion: IMMEDIATE GROWTH OPPORTUNITIES: EXPAND CAPACITY: 241 current members with capacity for 300-350 (25-45% revenue upside) FEE OPTIMIZATION: Conservative pricing structure allows strategic increases ANCILLARY SERVICES: Add aesthetics, hormone therapy, executive physicals, wellness programs
  • Financing: $150,000 to qualified physician buyer
  • Support and Training: TRANSITION SUPPORT: Flexible timeline with seller consultation Structured patient introduction process Established vendor/hospital relationships Complete systems and protocols transfer
  • Reason for Selling: Owner is preparing for retirement in the next 1-2 years

Seller Financing

  • Business Listed By:
  • Shaun Rudgear

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