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Established Family Medical Practice

The medical practice is in a retirement community and has approximately 700 active patient files. The doctor only works four short days per week as he is in semi-retirement. The office turns away patients every week. Due to health issues the doctor is ready to pass on the practice and would provide a good transition period. The doctor/owner has hospital privileges at two area hospitals and visits patients at two local nursing homes. The very attractive facility has a “country doctor” look. Services include primary care, general practice, geriatrics and internal medicine. Most patients are elderly.

This would be a perfect addition to an existing practice, or for any doctor moving into the area who wants a solid established medical business. The business has considerable upside potential to a doctor who puts in more hours. Excellent staff is in place – just bring your skills and energy.

Year Established: 2000

Employees: Experienced and talented Secretary/Medical Receptionist and an Office
Manager/Medical Assistant at a monthly salary of $4,550

Facility: 1,000 square foot facility, with 2 examination rooms, at a total monthly cost of $1,200 including triple nets. Lease expires in September, 2009

Hours: 8 a.m. to 4 pm Monday through Thursday with a two hour lunch

Price Includes: All furniture, fixtures and equipment including an EKG machine and hemoglobin monitor. Inventory and supplies of approximately $2,500 included.

Support/Training: Physician seller will provide transition training

Reason Selling: Retirement

Asking Price: $ 78,000

Gross Revenues: 235,416

Seller’s Discretionary Earnings: 70,938

For more information on this business opportunity, please contact us.