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(SOLD) Internal Medicine Practice For Sale – 3,000 patients

Sell Medical Practice

Business Information:

Established Internal Medicine Practice Positioned for Growth

This medical practice has been providing premier internal medicine and adult care/primary care services since 1988. Services include: DEXA, EKG, PFT, pulse oximetry, holter monitoring, carotid US, echocardiogram, and ABI.

The business enjoys an established clientele and operates almost exclusively with existing patients. The owner generates over $644,000 annually, working 4.5 days per week with zero marketing. Practice is closed to new patients, except relatives of existing patients, and turns away numerous patients daily. Immediate growth potential by 1) accepting new patients; 2) expanding insurance panel to include Medicare and Medicaid (AHCCCS).

Owner/Physician and well-trained, dedicated staff to remain on staff and assist in a smooth transition.

  • Asking Price:
  • $320,000
  • Est. Monthly Payment:
  • Gross Revenue:
  • $644,463
  • EBITDA:
  • $N/A
  • FF&E:
  • $5,000
  • Cash Flow:
  • $223,973
  • Cash Flow After Annual Debt Service:
  • Inventory:
  • $N/A
  • Rent:
  • $$4,000
  • Established:
  • 2003

Detailed Information:

  • Real Estate: Leased, 4,000 SF
  • Lease Expiration: Aug-23
  • Employees: 5
  • Facilities: The practice occupies approximately 4,000 SF of clinical space within a single-level office. The practice has 7 fully equipped exam rooms, a waiting room for 7 people, a reception area, a physician's office, a PA/NP office, an MA station, 4 restrooms, a staff lounge, and ample storage space.
  • Competition: This practice was created to provide the highest quality health care practice that is affordable, accessible with a focus on your individualized wellness plan. The practice is widely respected within the community and has a strong word-of-mouth referral system. Unlike most franchise models, this practice is 100% independent.
  • Growth & Expansion: Market leader in this community
  • Financing: The seller is willing to assist the buyer with the transition for approximately 6+ months. Trained staff will stay with the practice.
  • Support and Training: The seller is willing to assist the buyer with the transition for approximately 6+ months. Trained staff will stay with the practice.
  • Reason for Selling: Preparing for retirement
  • Business Listed By:
  • Shaun Rudgear

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