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- RE: Established Medical Practice Multiple Locations
- Contact: Joe Coculo
Quick Facts
Asking Price: | $3,000,000 | |
Annual Revenue: | $1,396,104 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $759,606 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 993995 | |
Broker Reference #: | Not Disclosed |
Business Overview:
This well-established medical practice in Metropolitan Washington D.C., with over four decades of experience, boasts a patient base exceeding 80,000, continually growing with new daily additions. Operating across three busy, strategically located offices, some connected to major hospitals in Washington D.C., Alexandria, VA, and Woodbridge, VA, it offers both in-person and telemedicine services, with significant scalability and growth potential. The practice is turnkey, including all Furniture, Fixtures, and Equipment (FF&E), and benefits from a dedicated, cross-trained team.
Its comprehensive services include NeuroTherapeutic Modalities, sleep studies at all locations, and a focus on individualized patient care. The organization also runs programs for international medical graduates, offering clinical rotations and support, and provides medical quality management services, including independent evaluations and peer reviews for various corporate and legal clients. A strong referral network drives consistent patient inquiries, and robust insurance contracts ensure a stable revenue stream. This thriving practice presents a rare investment opportunity, with experienced leadership willing to support a smooth transition. >>
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Property Features and Assets:
The practice's locations are owned (with options for long-term lease-back or separate purchase) and strategically situated on major hospital campuses within the Metropolitan Washington D.C. area, guaranteeing high visibility and a consistent patient influx.
Market Competition and Expansion:
Expansion Potential: There is significant room for growth through scaling operations and adding new neurologists, nurse practitioners, and physician associates to expand service offerings.
Financial Stability & Growth: The high patient demand, evidenced by the two-month waiting period, underpins the practice's financial stability and indicates excellent growth potential.
High Patient Demand: The practice benefits from a substantial patient base of over 80,000, with a continuous influx of new patients, resulting in an approximate two-month waiting time for appointments.
Reason for Selling:
Kindly ask the seller for more information.Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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