A solo internal medicine practice in Fairfax Virginia with full-time operation average net income about $260,000. The current average net income is about $160,000 as the physician is under semi-retirement and stopped accepting new patient. This practice is priced for a quick sale with the option of lease of the office at a below-average rental price.
This medical practice consists of the primary care physician and two full-time staff including front desk, administration, with referrals coming from major medical insurances, word-of-mouth, as well as other physicians. The medical practice office operates in a connected two condo units with about 1900 sqft office space shared with a general dental clinic. The medical physician occupies one full equipped exam room and two treatment rooms, with shared reception area and a physician’s office. Well trained staff can stay post sale, and the seller physician will stay during the transition period (no more than six months) to provide post-sale trainings.
Previous three year financials:
2024 Grows Income $213,767.00, Net Income $146,670.00 3-half days/week
2023 Grows Income $270,027.00, Net Income $203,263.00 Semi-retired
2022 Grows Income $233,706.00. Net Income $168,079.00 Semi-retired
Ad#:2385711
