Profitable Family Medical Practice For Sale

Asking Price$698,000

Cash Flow
$241,104

EBITDA$241,104

Gross Revenue$469,386

Inventory$10,000
Included in asking price
FF&E$10,000
Included in asking price
Real EstateNot Disclosed

Shared Waiting RoomSave

Profitable Family Medical Practice For Sale


Asking Price$698,000

Cash Flow
$241,104

EBITDA$241,104

Gross Revenue$469,386

Inventory$10,000
Included in asking price
FF&E$10,000
Included in asking price
Real EstateNot Disclosed


Seller Financing Available
Business Description
Family Medicine Practice for Sale – Prime Location Near Riverside & Moreno Valley
An excellent opportunity to acquire a well-established General Family Medicine Practice located on the border of Riverside and Moreno Valley, directly off the 60 Freeway. This leased facility is situated on the 2nd floor of a modern, professional medical building that features on-site laboratory and X-ray services, offering convenience and comprehensive care to patients.
This practice shares the suite with another physician and includes a larger procedure room available for shared use. The layout features:
    •    4 fully equipped exam rooms
    •    1 private physician’s office
    •    1 restroom
    •    Shared procedure room
The practice comes fully staffed with 3 full-time employees and 1 part-time staff member, all of whom are highly experienced and dedicated to delivering quality patient care. All equipment, furnishings, and EHR systems (Athena) are included in the sale, allowing for a seamless transition.
The practice primarily serves a diverse patient population, accepting Medi-Cal, private insurance, Optum, and Athena plans. With a patient base already in place, this practice is poised for growth. There is significant opportunity to expand by introducing pediatric services, a high-potential area in the community that is currently underserved. Offering exclusivity to certain medical plans can increase your revenue significantly.
This is an ideal turn-key opportunity for a physician looking to step into a stable, reputable practice with room to scale and make it their own.
Inquire today to learn more about this exceptional opportunity in one of Southern California’s most accessible and growing regions.
About the Business
Years in Operation
32
Employees
4
Currently Relocatable
Yes
Facilities & Assets
Prime, high-visibility spot near the 60 Freeway, on the border of Riverside and Moreno Valley. Located on the 2nd floor of a modern professional medical building with elevator access. This building offers on-site laboratory and X-ray services. 4 fully equipped exam rooms, 1 private physician’s office, 1 restroom and a shared procedure room (shared with another physician in the same suite).
Market Outlook / Competition
There are six medical care providers within 1-3 miles of this office. Current medical office has operated here for decades and has a loyal patient base that grows organically with minimal advertising and mainly by patient referrals.
Opportunities for Growth
Growth opportunities are available for the new Doctor by offering the following initiatives: Expand into other capitated contracts or local IPAs that offer exclusive panels, additional telemedicine services, increase Spanish language marketing, add a Physician's Assistant to handle increased patient flow and offer preventive and wellness programs through ongoing education and marketing. In addition, offer pediatric services, enhance the website and engage in social media marketing efforts.
About the Sale
Seller Motivation
Retirement after 3 decades in practice.
Transition Support
Doctor will be available during escrow period and provide availability for training post escrow closing for pre-arranged days and times.
Financing Options
Financing is available for qualified buyers with substantial down payment for a 2-3 y
Listing Info
ID
2384676
Listing Views
594

Contact Seller

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Business Listed by: Vinod Desar Berkshire Hathaway California Realty Commercial Division

Listing ID: 2384676 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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