Family Medicine Practice & Urgent Care Services

Asking Price$595,000

Cash Flow
$302,543
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$699,326

InventoryNot Disclosed

FF&ENot Disclosed

listing imageSave

Family Medicine Practice & Urgent Care Services


Asking Price$595,000

Cash Flow
$302,543
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$699,326

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
A community based medical practice located in the heart of a major city 35 miles east of Los Angeles in a shopping center anchored by Vons – a major supermarket.

The physician provides the following range of services:
- Family Medicine that includes Internal Medicine and Adolescent Medicine.
- Urgent Care. The ongoing shortage of primary care physicians has had a positive effect on urgent care practices.
- Other services include immigration physicals, DOT and weight loss.

The doctor is credentialed with most HMO”S including Optum, IEHP, Medical, United Health, Prospect, Scan, Alpha, etc.

Approximately 100 patients are served each week with 50% HMO, 40% PPO, 25% Medicare and 10% pay for service. The practice comes with pre-existing contracts with major insurance providers and healthcare networks that assure a steady stream of patients and revenues. The practice has automated medical records with a patient base of 10,000, and an efficient outside medical billing service.

The 2,200sq. ft. facility has 4 equipped exam rooms, a large waiting room, an integrated phone system, a private doctor’s office and a break room. The Urgent Care portion has room to expand by the buyer leasing the adjoining empty suite and opening it seven days a week vs. the current 8 am to 5 pm five days and no weekends. There is the potential for an immediate revenue increase through expansion of services, business hours and marketing efforts. The facility has plenty of parking spaces.

The practice is staffed by the Doctor’s RN spouse who supervises the two Medical Assistants, injection administration, IV infusion and blood drawing. Both Medical Assistants are expected to remain after the sale. One of them is bi-lingual Spanish.
About the Business
Years in Operation
10
Facilities & Assets
The 2,200-sf facility has 4 equipped exam rooms, a large waiting room, an integrated phone system, a private doctor’s office and a break room.
Market Outlook / Competition
The Urgent Care portion has room to expand by the buyer leasing the adjoining empty suite and opening it seven days a week vs. the current 8 am to 5 pm five days and no weekends. There is the potential for an immediate revenue increase through expansion of services, business hours and marketing efforts. The facility has plenty of parking spaces.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,200
Rent
$6,600.00 per month
About the Sale
Seller Motivation
Retirement
Transition Support
Owner can stay for a transition period of up to 6 months.
Listing Info
ID
2399037
Listing Views
528

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Joe Atchison, DRE #01438544 Sunbelt Business Sales, Mergers & Aquisitions

Listing ID: 2399037 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.


Similar Listings
Hospice with VA Contract & 15–20 Census
$1,200,000Hospice with VA Contract & 15–20 CensusRiverside County, CA
The Lash Lounge
$200,000The Lash LoungeFeatured Franchise
Frenchies
$150,000FrenchiesFeatured Franchise
Gym & fitness center
$299,000Gym & fitness centerRiverside County, CA
Lemon Tree Hair Salons
$100,000Lemon Tree Hair SalonsFeatured Franchise
Indio Spa & Boutique
$295,000Indio Spa & BoutiqueRiverside County, CA
Ritual Hot Yoga
$100,000Ritual Hot YogaFeatured Franchise
Hospice with VA Contract & 15–20 Census
$1,200,000Hospice with VA Contract & 15–20 CensusRiverside County, CA
The Lash Lounge
$200,000The Lash LoungeFeatured Franchise
Frenchies
$150,000FrenchiesFeatured Franchise