RALEIGH, North Carolina
| Asking Price |
$34,900 |
Year Established |
1977 |
|
| Annual Revenue |
$139,088 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$0 |
Attention |
67675-881932 |
|
| Annual Cash Flow |
$51,137 |
Listing Number |
1014215 |
|
| # of Employees |
3 |
Business Category |
Services: Medical, Dental |
|
Business Overview:
Raleigh Internal Medicine Practice for Sale
This established independent internal medicine practice has earned the trust of generations of patients through relationship-based, personalized primary care. Built on long-term physician-patient relationships, the practice serves a loyal adult patient base with exceptional continuity of care, including many patients who have remained with the practice for decades. Clinical services focus on comprehensive adult primary care and chronic disease management, including hypertension, diabetes, cardiovascular disease, COPD, and preventive wellness.
Several years ago, the physician intentionally reduced office hours while maintaining a stable operating practice, demonstrating both the loyalty of the patient base and significant capacity for future growth.
The practice is now positioned for an orderly transition as the physician prepares for retirement. This opportunity is ideally suited for a physician or physician-led practice seeking an established primary care platform with a loyal patient base and meaningful growth potential through expanded office hours, additional provider capacity, and thoughtful modernization while preserving the relationship-centered care that has defined the practice.
Property Features and Assets:
<p>Established in 1977 as a solo independent Internal Medicine practice. Reputation for personal concierge grade patient care and communications.<br><br>2006 - Relocated to current 27609 location<br><br>2021 - Decrease office hours from 40 to 25 per week while maintaining profitablity<br></p>
Market Competition and Expansion:
<p>Success will come to a buyer who values relationship-based medicine, embraces clinical independence, and recognizes the significant opportunity to expand an already respected practice through additional provider capacity, extended office hours, and thoughtful modernization while preserving the personalized care patients have come to trust.<br> <br></p><p>Extending weekday office hours to 5pm.<br><br>Market GLP-1 related care, nutrition, weight-loss and hormone replacement therapies<br><br>Telehealth enrollment<br><br>Improve collection and A/R process. Trim the decrease 10% in aged collections<br><br>Currently sees 8-10 patients/day at close at 1pm, stay open to 5pm.<br><br>Strategically schedule more patients per day<br></p>
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity