Trusted California Family Medicine Practice For Sale – $1.2M Annual Revenue – Chula Vista
Annual Gross Revenue: $1.9M
Asking price: $1.6M
Bustling 18 year-old California Family Medicine Practice for sale in the desirable Chula Vista area. Well-established and growing every year, the practice currently has 1,300 HMO patients with additional PPO and Medicare patients.
Owner/Physician and well-trained, dedicated staff includes six Medical Assistants, one Nurse Practitioner, one Physician Assistant and seven office staff. All employees willing remain on staff and assist in smooth transition.
The 2,200 sq. ft. office has six exam rooms, two bathrooms and one kitchen. Two provider offices, nurse triage room, large waiting room and front office and back office space. The building is owned and available for sale. Current EHR is provided through Allscripts.
From children to the elderly, this popular family medical practice specializes in caring for the whole person and helping to direct medical care to optimize wellness for the entire family.
Chula Vista means “beautiful view” with its scenic location between the coastal mountain foothills of Southern California and San Diego Bay. It’s the second largest city the San Diego metropolitan area and the seventh largest city in Southern California. Third Avenue Village is the heart of Chula Vista’s historic downtown. Activities along Third Avenue include shops, restaurants, a weekly Farmers Market, and signature events such as the Lemon Festival, Village Street Fair, Holiday in the Village and the Starlight Parade.
Multiple opportunities for additional revenue stream include expansion of hours to include weekends and after hours for urgent care. The building is zoned for expansion and is in redevelopment zone for downtown Chula Vista. The addition of two more exam rooms and an additional office can accommodate additional providers. The addition of in-house lab services can also provide revenue streams.
100% Bank Financing Available with approved credit. Inquire below.
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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.