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Profitable Family Medical Practice – Strong Cash Flow
Business Description
Profitable Family Medical Practice – Strong Cash Flow
This well-established primary care practice has served its community for over two decades, building a strong reputation for delivering consistent, high-quality family medicine services to patients of all ages. Operating as an S-Corporation, the practice provides a full spectrum of care including acute, chronic, and preventative services. In addition to traditional office visits, the clinic offers in-house laboratory testing and X-ray capabilities, enhancing patient convenience and continuity of care. The practice also maintains key provider relationships with local senior care facilities, including a nursing home, assisted living communities, and a memory care facility, further embedding it within the regional healthcare network.
The practice is supported by an experienced team of approximately 15 employees, including four full-time advanced practice providers, enabling efficient operations and strong patient access. The business operates from a well-maintained medical office of approximately 5,000 square feet, featuring multiple exam rooms, provider offices, a procedure room, diagnostic capabilities, and organized patient flow. The facility offers ample parking and is designed to support both quality care delivery and operational efficiency. Established systems, experienced staff, and integrated services position the practice for continued stability and scalability.
The business has demonstrated consistent financial performance, with revenue growth in recent years supported in part by performance-based reimbursement initiatives. Most recently, the practice generated approximately $2.5 million in annual revenue with strong discretionary earnings. A loyal and expanding patient base provides a solid foundation for continued success, while opportunities exist to further grow through the addition of providers, expanded services, or operational enhancements. Favorable industry trends, including an aging population and increasing demand for primary care, support a positive long-term outlook for this type of practice.
In Kansas, a family medical practice must be owned by a licensed physician (MD or DO), though non-physician buyers can participate by structuring the transaction through a physician-owned entity paired with a separate management company. Only buyers who meet these qualification should inquire.
The practice is supported by an experienced team of approximately 15 employees, including four full-time advanced practice providers, enabling efficient operations and strong patient access. The business operates from a well-maintained medical office of approximately 5,000 square feet, featuring multiple exam rooms, provider offices, a procedure room, diagnostic capabilities, and organized patient flow. The facility offers ample parking and is designed to support both quality care delivery and operational efficiency. Established systems, experienced staff, and integrated services position the practice for continued stability and scalability.
The business has demonstrated consistent financial performance, with revenue growth in recent years supported in part by performance-based reimbursement initiatives. Most recently, the practice generated approximately $2.5 million in annual revenue with strong discretionary earnings. A loyal and expanding patient base provides a solid foundation for continued success, while opportunities exist to further grow through the addition of providers, expanded services, or operational enhancements. Favorable industry trends, including an aging population and increasing demand for primary care, support a positive long-term outlook for this type of practice.
In Kansas, a family medical practice must be owned by a licensed physician (MD or DO), though non-physician buyers can participate by structuring the transaction through a physician-owned entity paired with a separate management company. Only buyers who meet these qualification should inquire.
About the Business
- Years in Operation
- 23
- Employees
- 15
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 5,000
About the Sale
- Seller Motivation
- retirement
Listing Info
- ID
- 2490576
- Listing Views
- 17
Listing ID: 2490576 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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