Thriving Family Practice in Growing Metro Suburb

Saint Louis, MO
St. Louis County

Asking Price: Annual Revenue:
$1,200,000 $1,005,000

Services: Medical, Dental

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RE: Thriving Family Practice in Growing Metro Suburb Broker: Steve Denny

Quick Facts

Asking Price: $1,200,000
Annual Revenue: $1,005,000
Net Profit: Not Disclosed
Cash Flow: $363,082
Total Debt: Not Disclosed
FF&E: $388,472
Real Estate: $300,000
Year Established: 2010
Employees: Not Disclosed
BBN Listing #: 530653789
Broker Reference #: LST 1177

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Business Overview:

Multi-year waiting list of new patients
Family practice with emphasis on pediatrics supporting natural, childbirth and breastfeeding. Practice strategically focuses on patient education and care. More than 5,000 active charts with approximately 17,000 in EHR database. The practice currently has > 700 on the waiting list seeking to become active members of the practice. Business is thriving and the principal practitioner is open to selling the practice, or selling a portion of the practice and continuing to be a part-time provider.

2022 Revenues greater than $1m with significant profitability.

Located in a modern, free-standing building, the recently remodeled facilities have 8 exam rooms, an operatory, a lab, separate staff break areas and a multi-purpose area for education, training, etc.

The practice is located in one of the top 5 fastest growing metropolitan areas in the Midwest. In the heart of the community, it’s a very safe environment with strong heartland values where the provider/patient relationship is highly valued and respected. The current practice openly and overtly exhibits their Christian faith and approaches care from a perspective that God is the provider of life and parents are the ones best equipped to make medical decisions regarding their children. While the provider believes in and advocates the science behind vaccinations, the practice allows the parents to make the decisions on their own children's behalf.

The state in which the practice is located does not require medical malpractice (a non-mandate state) and has caps on injury claims. Rates are reasonable and recent tort reform has had the effect of encouraging competition.

If you are looking for a great place to work and live, an environment where the practitioner is highly valued and respected, a patient base with very low churn and a large waiting list fueling future growth, this could be the practice for you.

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Property Features and Assets:

Recently remodeled, everything less than 10 years old.

Market Competition and Expansion:

Fast growing major mid-west suburb. Located in the heart of the city a couple of blocks off the main street with surrounding residential. Very safe and clean city with local parks, sporting venues, shopping and community centers. Great place to raise a family and that is why people are migrating here from all over the country. Facilities have capacity for more. Add practitioners, add services, lots of opportunity for expansion.

Reason for Selling:

Practitioners kids have entered high school and li

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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