Northern AZ - Legacy Adult Direct Medicine Practice Available

Asking Price$585,000

Cash Flow
$302,000

EBITDA$302,000

Gross Revenue$595,000

InventoryNot Disclosed

FF&E$60,000
Included in asking price
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Northern AZ - Legacy Adult Direct Medicine Practice Available


Asking Price$585,000

Cash Flow
$302,000

EBITDA$302,000

Gross Revenue$595,000

InventoryNot Disclosed

FF&E$60,000
Included in asking price

Seller Financing Available
Business Description
High Compensation Adult Direct Medicine Practice Ready to Assume
SIGNIFICANT OPPORTUNITY FOR AN MD or DO TO ACQUIRE A RAPIDLY GROWING, LONG-ESTABLISHED, MEMBERSHIP BASED, RECURRING REVENUE ADULT DIRECT MEDICINE PRIMARY CARE PRACTICE IN THE COOL MOUNTAINS OF NORTHERN ARIZONA!

BUSINESS DESCRIPTION
Cash Only Annually Pre-Paid Direct Medicine Practice with Significant Growth Potential. No Insurance Billing.

Well-established Adult Direct Medicine practice for sale, dedicated to providing top-notch care spanning four patient generations seeing up to 3 patients daily Monday - Thursday. This truly personal connection practice boasts 135 members (70/30 Female/Male) and has been operating since 2005.

High compensation, profitability, reduced administrative burden, and actual personal time are some of the benefits you gain from owning this practice. There is excellent potential for significant growth.

Patients of this practice feel confident that they are receiving expert medical care from a compassionate and knowledgeable physician (MD or DO) who truly cares about their well-being. Services include a comprehensive annual wellness exam, extensive laboratory testing with comprehensive point-by-point explanation, and informed treatment for hypertension, high cholesterol, diabetes, and osteoporosis.

Located in Prescott AZ in a unique area of town known for its upscale homes, this practice is surrounded by a variety of activities and attractions. From shopping and dining to outdoor activities, there is something for everyone in this town. This adult concierge practice opportunity is not to be missed!

DETAILED INFORMATION
Location: Prescott, Arizona
Facilities: The leased 1,350 SF medical office suite includes a physician-patient office, large exam room, conference room for new patient registration and office reception area. This medical suite can be leased for $2,500/month with very flexible lease terms
Competition: This legacy practice was one of the first direct medicine practices in Prescott and has extensive relationships within the medical community. No other local practice operates in this fashion
Growth & Expansion:
Expand Marketing Efforts: Formalizing marketing strategies that can attract more patients looking for more personalized and comprehensive care
Financing Options 100% Bank Financing, or 20% Down with seller-carryback note secured by the practice's assets and buyer personal guaranty. Attractive terms
Support & Training MD owner available to ensure a smooth transition
Reason for Selling Owner is preparing for retirement
About the Business
Years in Operation
20
Number of Employees
2
Facilities & Assets
Fully furnished medical office in a leased building. Tenant improvements are completely new as of 2022. Includes all primary care medical supplies and equipment. Electric over hydraulic exam table. EKG machines. Phlebotomy chair and supplies. Conference table in a separate office. Executive desk with peninsula for in-office patient visits.
3-year lease with option to renew for 3 additional years at a fixed monthly rate of $2500.00
Market Outlook / Competition
Highly respected, long-established, recurring revenue membership based adult concierge practice that commands a much higher membership fee than other similar practices in the area. No other membership direct concierge practice operates as an annually prepaid cash-only practice.
Opportunities for Growth
High compensation, profitability, reduced administrative burden, and actual personal time are some of the benefits you gain from owning this practice. There is excellent potential for significant growth.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,350
Rent
$2,500.00 per month
Lease Expiration
12/31/2028
About the Sale
Seller Motivation
Owner is preparing for Retirement
Transition Support
MD is available to ensure a smooth transition to new MD or DO owner.
Financing Options
20% Down. Seller-carryback note secured by practice and buyer personal guaranty.
Listing Info
ID
2352285
Listing Views
1689

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Business Listed by: Kenneth Lyndon

Listing ID: 2352285 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.