Exceptional opportunity to acquire a well-established walk-in family medicine practice serving the Columbus, Ohio metropolitan area for over 30 years. This unique practice operates on a proven "advanced access" model with no scheduled appointments, attracting 3-5 new patients daily through its convenient, immediate-care approach that patients have valued since 1993.
Financial Performance: Consistently generating $1.4M in annual revenues with an average EBITDA of $297,970 during the past three years. Strong payor mix with 99% insurance-based, including 45% Medicaid (CareSource/Molina), 20% dual eligible, 10% Medicare, 10% Workers' Compensation, and 15% private insurance. The practice's diverse revenue streams and broad insurance acceptance minimize financial risk while maximizing patient accessibility.
Strategic Location & Operations: Prime downtown Columbus location on a major east-west thoroughfare with exceptional visibility and direct bus stop access. The 5,000 sq ft facility includes 9 exam rooms, 4 provider offices, a fully functional X-ray suite, and an efficient patient flow design. Current lease through December 2026 at $11,000/month with renewal option.
Clinical Excellence: Comprehensive family medicine services from pediatrics to geriatrics, including acute/chronic care, physical exams, Workers' Compensation management, preventive care, psychiatric services, chronic pain management, HEDIS programs, and substance use disorder treatment. The walk-in model eliminates scheduling burden, while the digital sign-in system via phone/tablet minimizes wait times.
Provider & Staff: Current team includes 1 part-time physician, 4 full-time nurse practitioners, a practice administrator, a CFO, 3 medical assistants, and 3 clerical staff. Owner holds Emeritus status at OhioHealth after 53 years of service. Practice is member of OhioHealth Clinically Integrated Network since 2012, enhancing quality metrics and network resources. Intelligent Medical System EMR implemented in 2015 streamlines operations.
Key Differentiators: Unlike hospital-owned urgent care competitors, this practice offers true continuity of care with consistent provider relationships. The walk-in only model has created extraordinary patient loyalty with word-of-mouth driving consistent new patient flow. Strategic positioning serves urban, suburban, and public transportation-dependent populations within a 50-mile radius.
Growth Opportunities: Significant untapped potential in Workers' Compensation services - few independent practices offer this highly profitable service line. Industrial attorneys actively seek out collaborating physicians for injured-worker cases. Additional growth through digital marketing, telehealth expansion, scheduled appointments option, chronic care management programs, and enhanced HEDIS initiatives.
Terms: $910,000 purchase price with $182,000 seller financing available to qualified physician buyers. Price includes all tangible assets, patient records, phone numbers, website, and goodwill. Accounts receivable excluded. Owner is willing to provide transition support with flexible terms.
This is a rare opportunity to acquire a profitable, established practice with a proven operational model, loyal patient base, and multiple growth pathways. The walk-in format provides immediate cash flow without the burden of appointment management, while the broad service offerings and insurance mix ensure stability. Perfect for a physician seeking an established practice with strong fundamentals and expansion potential in Ohio's thriving capital city.
Ad#:2444528
