Annual Revenue: $893k
Asking price: $600k
Discover a unique opportunity to acquire a distinguished 16-year-old California Primary Care Practice situated in the idyllic in Arroyo Grande, San Luis Obispo County. Nestled on the Central Coast, a mere two miles from the Pacific Ocean, this well-established practice boasts a dedicated patient base of 1,000 in a community known for its warmth and hospitality. This successful cash practice distinguishes itself by eliminating insurance billing hassles, and providing seamless financial transactions. Superbills are available upon request, streamlining the patient experience.
Delivering excellence in healthcare, the practice offers comprehensive primary care and integrative health services from infancy to adulthood. Services include the management of chronic health concerns such as diabetes, acute care needs like bronchitis, and a spectrum of services encompassing well-child and well-woman visits, school physicals, sports physicals, nutritional IV therapy, UVB and Ozone IV therapy and more. With an average of 11 patients per day, facilitated by two highly skilled part-time providers, the practice ensures personalized and attentive care.
A committed team stands ready to assist in a seamless transition. The part-time Owner/Physician, alongside dedicated professionals including an IV RN, Medical Assistant, Phlebotomist, a full-time Office Manager, Receptionist, three supplement CSR’s, Director of Marketing, and Payroll/IT Manager, are all willing to stay. The addition of a Physician Assistant is actively sought to enhance the practice’s capabilities.
The current medical office space spans two units totaling 1900 sq ft, with a very reasonable monthly rent of $3,200. The lease is in place until March 2024 and rent will not be increasing. The facility includes well-defined spaces for reception, waiting, exams, administration, and a supplement shop. Cutting-edge equipment, including Elation Health EMR for electronic medical records, ensures efficient operations. Eight computer workstations, one service station, five printers, one medical scale, an EKG machine, a McKesson urinalysis machine, a K-Laser and UBI and Ozone machines are included in the sale.
The practice employs robust marketing strategies, including a vibrant social media presence on Instagram and Facebook, effective search engine optimization, and a bimonthly email newsletter reaching 1800 subscribers with an impressive 48% open rate.
The potential for additional revenue streams is significant. With opportunities for part-time MDs, part-time PAs, LFMTs, Aesthetics RNs, nutritionists, and an expanding online supplement shop, the practice is poised for growth. Additional IV therapy rooms present a tangible avenue for increased traffic and revenue.
Located just seven minutes from Pismo Beach and the Pacific Ocean, Arroyo Grande offers a charming blend of history and recreation. Explore Lopez Lake in the Santa Lucia Foothills, experience The Village with its annual festivals and weekly farmer’s market, and marvel at California’s oldest swinging bridge constructed in 1875. The city invites exploration with multiple museums.
Position yourself for success in the thriving world of healthcare with this exceptional Primary Care Practice for Sale. With a strategic location, dedicated staff, and multiple avenues for expansion, this opportunity is primed for the discerning investor.
100% Bank Financing Available with approved credit. Inquire below.
For details on this medical practice for sale opportunity or for more information on How To Sell Your Medical Practice, please call 512-659-0643 or email: info@tinsleymedicalpracticebrokers.com
Medical Practice Brokerage, Performance Consulting and Financing Solutions
This medical practice for sale opportunity is offered by Tinsley Medical Practice Brokers, a medical practice appraisal, medical practice brokerage, medical practice performance consulting and medical practice financing firm. Our group is a leader in physician consulting, business development, financing solutions and medical practice appraisal and pre-and post transaction consulting.
For more information:
Sean Tinsley
Tinsley Medical Practice Brokers
http://tinsleymedicalpracticebrokers.com
info@tinsleymedicalpracticebrokers.com