Hot Listing

Full service Internal medicine, $1.4million revenue practice for sale

Asking Price$1,600,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,400,000

InventoryNot Disclosed

FF&ENot Disclosed

listing imageSave
Hot Listing

Full service Internal medicine, $1.4million revenue practice for sale


Asking Price$1,600,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,400,000

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
A very successful premium award winning Internal Medicine practice with more than 20yrs of delivering distinguished full service patient care. The practice has a remarkable track record of patient acquisition almost solely by word of mouth referral by patients of the practice. Personalized, concierge level quality health care, attention and result but without the upsell. Full range of care and ancillary services for mangement of Diabetes, Hypertension, Hyperlipidemia, COPD and Heart disease. Comprehensive Internal medicine care served with a heavy emphasis on preventive care , patient-centered and shared responsibility towards maximum health span(not just life span)
A tastefully appointed office and space consistent with the premium care delivered.
About the Business
Years in Operation
21
Employees
6 (5 Full-time, 1 Part-time)
5 full time employees including 2 1/2 providers
Facilities & Assets
A premium and luxuriously furnished office space from a very tastefully appointed reception area to a very comfortable 6 exam rooms. It is located in a purpose built medical office complex with pharmacy and a bank. Surplus parking facility and public transportation access surrounded by residential and suburban commercial real estate near by.
The office has more than ample space and resources for expanding services and possibly increasing number of providers hence potential for greater revenue generation. The rent is $9000 but also affords opportunity for subleasing as it currently is(to a specialist physician) at $2000/month reducing the effective rent to $7000/month
Market Outlook / Competition
Healthy competition but has been a no contest for a most successful practice of over 20years which is still growing without any active marketing efforts - A testament to the service and patient care experience and offering.
Opportunities for Growth
Ample opportunity for growth and expansion(to the extent that it is desired) especially in view of the very comfortable space and exam room resources
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,800
Rent
$9,000.00 per month
About the Sale
Seller Motivation
Transitioning career interest-clinical research and international volunteer med
Transition Support
Flexible and supportive arrangement and open to discussion. Seller is a very successful and award winning Internal Medicine physician with over 25years experience and 20years in the
Financing Options
Flexible
Listing Info
ID
2509159
Listing Views
25

Contact Seller

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

Business Listed by: Issa Yusuf

Listing ID: 2509159 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
Home Care Agency Maryland
$750,000Home Care Agency MarylandPrince George's County, MD
USA Ninja Challenge
$150,000USA Ninja ChallengeFeatured Franchise