Successful Independent Family Practice Medical Clinic

Asking Price$225,000

Cash Flow
$113,000

EBITDA$117,514

Gross Revenue$275,000

Inventory$5,000
Included in asking price
FF&E$50,000
Included in asking price
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Successful Independent Family Practice Medical Clinic


Asking Price$225,000

Cash Flow
$113,000

EBITDA$117,514

Gross Revenue$275,000

Inventory$5,000
Included in asking price
FF&E$50,000
Included in asking price
Business Description
-Small Town Family Practice. 7 Years in Business, profitable from the start. We have more new-patient requests than we can handle--ripe for expansion. Currently Single-provider, FNP. Nice rented office in prime location, with 3 patient rooms in use, and another 3 unused. All support systems complete and fully operational. EMR, Billing, Accounting, CLIA-approved lab. Fully insurance credentialed for BCBS, UHC, Cigna, and more.
-Husband/wife owner operators wish to cut back on our work load as we transition toward retirement. Open to continued long-term relationship with new owner, or simply business sale and transition out.
-This is a perfect opportunity for MD or FNP/PA who wants to work independently. Either maintain existing business at current level, or grow!
-Located in a great community in East Tennessee. Wonderful small town advantages and low cost of living. Rewarding patient/community relationships.
About the Business
Years in Operation
7
Number of Employees
4
Facilities & Assets
All furniture and medical equipment transfer with sale. Also computers, security, and laboratory equipment, and inventory.
Market Outlook / Competition
Business owner is a long-term member of this community, having practiced here over 25 years. Well respected and valued by patients and peers. We maintain a lengthy list of new-patient requests. We get multiple requests from potential new patients each week.
Opportunities for Growth
Lots of new patient requests. More than we can take as a single-provider operation. Office has three unused patient rooms available, as well as additional office space and bathrooms. A new owner who is a MD could reduce our fixed costs by over $12,000 annually by eliminating the Tennessee Supervising Physician expense that we currently pay.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,000
Rent
$1,800.00 per month
About the Sale
Seller Motivation
Transitioning towards retirement.
Transition Support
Completely negotiable. Can continue working up to 2.5 days/week for several years, or can transition out of the business after initial training and acclimation period.
Listing Info
ID
2340058
Listing Views
418
Business Location

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Business Listed by: Tom Flaglor

Listing ID: 2340058 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.