Medical Practice-Multi-Specialty, Three Offices-Real Estate Available
Business Description
This is a multi-specialty medical group practice based in Florida, dedicated to providing comprehensive healthcare services to patients in Broward County. Business revenue has grown from $3.5 million in 2022 to $4.1 million in 2024. The company anticipates continued growth, with revenue expected to surpass $5 million within the next few years.
The group specializes in internal medicine subspecialties such as pulmonology and cardiology, alongside family medicine, and employs a team of board-certified physicians, nurse practitioners, and physician assistants. Operating as a group practice, it welcomes new patients, accepts Medicare and Medicaid, and maintains affiliations with local hospitals for inpatient care.
Founded in 1996 the practice has grown into a key healthcare provider in the surrounding areas. The group has established a reputation for community-focused care. It maintains affiliations with HCA Florida Woodmont Hospital and Broward Health Coral Springs, enabling comprehensive inpatient and outpatient services.
The group specializes in internal medicine subspecialties such as pulmonology and cardiology, alongside family medicine, and employs a team of board-certified physicians, nurse practitioners, and physician assistants. Operating as a group practice, it welcomes new patients, accepts Medicare and Medicaid, and maintains affiliations with local hospitals for inpatient care.
Founded in 1996 the practice has grown into a key healthcare provider in the surrounding areas. The group has established a reputation for community-focused care. It maintains affiliations with HCA Florida Woodmont Hospital and Broward Health Coral Springs, enabling comprehensive inpatient and outpatient services.
About the Business
- Years in Operation
- 29
- Facilities & Assets
- Three total offices, all items and equipment are included in the sale, as well as all inventory.
Three total offices are part of the practice and the real estate can be purchased. - Market Outlook / Competition
- The market is growing as is most of South Florida. More new patients are coming weekly and the concierge service, which provides recurring monthly revenue, is growing.
There are other medical practices in the area and some patients come to this practice from other practices. - Opportunities for Growth
- The company has seen steady growth over the last few years and expects that growth to continue. With four offices currently, the coverage area is large and the business can grow without new locations. However, adding more locations or acquiring other local practices could accelerate growth.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 8,000
About the Sale
- Seller Motivation
- Ownership would like to retire.
- Transition Support
- The day to day operations are handled by the staff and team of doctors, and the financials are managed by the owner on a part-time basis. The owner is happy to stay on board for 12 months to help facilitate the transition. Ownership is staying in the area and is eager to see the new owner succeed in growing the practice.
- Financing Options
- Ownership is open to a win-win transaction, so very flexible with structure.
Listing Info
- ID
- 2424749
- Listing Views
- 20
Listing ID: 2424749 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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