This well-established Internal Medicine practice on Florida's East Coast has served its community for more than 35 years. Located in a fast-growing Treasure Coast market with strong Medicare demographics and a documented primary care physician shortage, this is a turnkey ownership opportunity for an individual physician transitioning from employment into practice ownership — or for an existing group seeking strategic expansion into one of Florida's most demographically favorable healthcare markets.

The practice operates from an approximately 3,000 sq. ft. facility with 8 exam rooms (including a dedicated procedure room), an in-house lead-walled digital X-ray suite, monthly ultrasound services, and minor surgical capabilities. It is a true one-stop primary care office — the kind that has become increasingly rare as smaller offices consolidate into hospital systems that strip out procedural and imaging components. The practice runs Monday through Friday, 7:30 AM to 5:30 PM, with a walk-in workflow that keeps the office open through lunch using rotating staff coverage. EMR is eClinicalWorks across 22 workstations.

FINANCIAL SNAPSHOT
The practice generated approximately $1.25M in gross revenue and $388K in Seller's Discretionary Earnings (SDE) in 2024, on a three-provider operation that delivered more than 10,000 patient visits. Over the 2022–2024 period, the practice averaged $1.22M in annual revenue and approximately $430K in annual SDE at a ~35% margin — a stable, mature primary care operation.
In mid-2025, two associate providers departed and the founding physician has continued solo. 2025 results reflect that single-provider operation: approximately $1.02M in revenue and $265K in SDE. Patient demand remained resilient — approximately 2,400 unique patients seen in 2025 with 323 new patients added organically, without any paid marketing program.

THE VALUE THESIS
The asking price of $525,000 is structured to reflect the depressed 2025 earnings rather than the three-year historical norm. At this price, the practice trades at approximately 2.0x trailing SDE — but only 1.22x the three-year average SDE (2022–2024). For a physician buyer who can fill the second-provider seat, the restoration path back toward 2024-level earnings is straightforward and does not require building new patient demand. The patient panel, infrastructure, and trained staff are already in place.

DEAL STRUCTURE
• Asking Price: $525,000
• Cash at Close: $425,000
• Seller Financing: $100,000 carryback note to qualified physician buyer, secured by practice assets and personal guaranty
• Earnest Money: $25,000 to open escrow
• Accounts Receivable: Excluded from sale
• Real Estate: Owned separately by seller; available for lease or purchase, with seller-leaseback structure available to buyer

SELLER TRANSITION
The founding physician has committed to remain clinically active for approximately one year post-close to support patient retention and operational continuity — roughly four times the typical brokered transition window.

WHO THIS IS FOR
(1) An individual physician seeking to move from W-2 employment into practice ownership without the cold-start risk of greenfield development, or (2) an existing group practice seeking expansion into the Treasure Coast region with an established patient panel and operational infrastructure already in place.

NEXT STEPS
A full Confidential Information Memorandum is available to qualified buyers upon execution of a non-disclosure agreement. Detailed financials, payer contracts, demographic reports, facility photographs, and a meeting with the seller are made available during due diligence. Contact the broker to begin the process.