Primary Care Practice For Sale

Philadelphia, PA (Philadelphia County)

Primary Care Practice For Sale
Contact Seller

Asking Price: $75,000

Cash Flow: $20,000

Gross Revenue: $400,000

EBITDA: N/A

FF&E: $10,000

Inventory: N/A

Rent: $1,060 /Month

Established: 1986

Primary Care Practice For Sale

Save Print Share Valuation Report

Business Description

Highly regarded walk-in clinic for adults and children.

Opportunity to own a robust family practice in the heart of Philadelphia that has been in place for >30 years. The clinic sees both adults and children and there is significant room for expansion with additional rooms for additional providers. Current volume is about 4000 patient visits per year with over 1800 active patients. The ideal buyer could be a practitioner looking to establish themselves in a new location, a company looking to expand their services, or a manager looking to get into this market. The reason for selling is the current practitioner is eventually looking to retire. The asking price is negotiable and further financials available upon request.

Detailed Information

Location:
Philadelphia, PA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,500
Lease Expiration:
12/31/2019
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The clinic is in a corner property that is currently rented at a competitive rate. It is attached to a pharmacy so there is onsite pharmacy support. There are 5 exam rooms in total, 1 medical assistant and 2 physicians currently working there. We do onsite blood work and immunizations and have access to a number of specialists at nearby academic hospitals (Temple and Jefferson).
Competition:
Prime location in a gentrified neighborhood in Philadelphia at 5th and Girard that has increasing business traffic. This would be an ideal opportunity for anyone looking to expand this business. There are nursing homes and apartment complexes newly built nearby so there is significant opportunity for expansion of patient volume for new providers.
Growth & Expansion:
Currently only 2 exam rooms are used daily for primary care. 5 exam rooms in total. One room is rented out for podiatry one day a week. Clinic operates with paper charting and electronic billing but can be upgraded to full electronic charting if desired.
Support & Training:
Willing to help with transition paperwork and contracting if the buyer decides to keep the some of the current employees.
Reason for Selling:
Practitioner is moving out of the Philadelphia area. Looking to retire
Franchise:
This business is an established franchise
Contact Seller

Contact the Seller

Contact Seller Loading

Business Listed By:
Atif Qasim

Show Phone Number

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1660853 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Great Skin Spa & Skin Care

Franchise Opportunity
Cash Required: 99000