Internal Medicine & Cardiology Practice | Northeast Florida

This is an exceptional opportunity to acquire a highly profitable internal medicine and cardiology practice with more than 20 years of operating history in the desirable and rapidly growing Northeast Florida market. The practice generated approximately $1.75 million in gross revenue and more than $591,000 in Seller’s Discretionary Earnings in 2025, reflecting strong financial performance and an attractive earnings margin.

The practice provides a valuable combination of internal medicine, primary care, cardiology, and in-office diagnostic services. Patients receive comprehensive adult medical care, including routine examinations, preventive screenings, treatment of acute illnesses, chronic disease management, cardiovascular evaluations, and ongoing care tailored to their individual health needs.

An important differentiator is the practice’s integrated diagnostic platform, which includes echocardiography, nuclear medicine, stress testing, vascular ultrasound, and EKG capabilities. Offering these services within the practice supports continuity of care, provides greater convenience for patients, and creates multiple complementary revenue streams.

This internal medicine and cardiology practice for sale operates from a single, approximately 6,000-square-foot facility with 11 exam and treatment rooms. This substantial clinical footprint provides ample space for the current operations while offering meaningful capacity to recruit additional providers, expand scheduling, and increase utilization of the practice’s existing diagnostic services. The facility is seller-owned, with the treatment of the real estate in a potential transaction to be determined.

With approximately 22 years in operation, the practice has developed a longstanding presence within its community. The reported payer mix is approximately 50% Medicare and 50% commercial insurance, providing a balanced reimbursement profile. The practice currently utilizes Practice Fusion as its electronic medical records platform.

Financial performance has remained strong, with revenue increasing from approximately $1.61 million in 2024 to approximately $1.75 million in 2025. This growth, combined with the practice’s established clinical platform and available physical capacity, provides a solid foundation for continued expansion under new ownership.

Growth Opportunities

• Recruit an additional physician or advanced practice provider to increase patient capacity
• Expand scheduling and utilization across the practice’s 11 clinical rooms
• Increase the volume of echo, nuclear medicine, stress testing, and vascular ultrasound services
• Strengthen referral relationships with area physicians, senior communities, and healthcare organizations
• Enhance patient recall, preventive care, and chronic disease management programs
• Evaluate payer contracts and service-line performance to improve reimbursement and profitability
• Leverage the existing facility and clinical infrastructure to introduce additional complementary services

Key Practice Highlights

• Approximately $1.75 million in 2025 gross revenue
• More than $591,000 in 2025 Seller’s Discretionary Earnings
• Approximately 22 years of operating history
• Internal medicine, primary care, and cardiology services
• Integrated cardiovascular and diagnostic capabilities
• Approximately 6,000-square-foot facility
• 11 exam and treatment rooms
• Balanced payer mix of approximately 50% Medicare and 50% commercial insurance
• Revenue growth from 2024 to 2025
• Located in a desirable and expanding Northeast Florida market

With strong financial performance, an established community presence, integrated diagnostic services, and considerable capacity for growth, this practice represents an outstanding acquisition opportunity. It is well suited for a physician seeking ownership, an established medical group pursuing expansion, or a strategic healthcare organization looking to strengthen its presence in the Northeast Florida market.

100% Bank Financing Available with approved credit. Please inquire.