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First-Rate Family Medicine Practice For Sale with 1,700 Senior Lives

Brevard County, FL

Seller Financing Available

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Asking Price:$1,450,000
Real Estate:$1,600,000
Gross Revenue:$1,247,636
Established Year:2010
Listing ID: 2278762Listing provided by BizBuySell
BUSINESS DESCRIPTION

Great Value-Based Care Opportunity Awaits Right Buyer

This practice, perfect for an entrepreneurial primary care physician or strategic buyer, offers a unique opportunity to acquire a large (1,700+) senior patient base for a value-based care realignment. As the premier privately owned family medicine practice in the Space Coast area, this multi-provider practice is in high demand, drawing patients from 30 miles away. The payor mix is approximately 65% commercial and 35% Medicare, and it does not accept Medicaid plans.

This family practice, known for its excellent reputation, loyal patient base, and stable, family-like staff, is driven by a mission of partnering with patients and specialists to deliver exceptional healthcare. The clinic services include general outpatient care, gynecological exams, minor skin biopsies, EKGs, spirometry, and CLIA-waived lab testing for patients aged 6 and up.

In Association with Shaun Rudgear, Florida Medical Practice Brokers, AZ Real Estate Lic No. BR008458000. For more information, please call 888-970-1210 or email smb@parasellinc.com

DETAILED INFORMATION
Location
Brevard County, FL
Inventory
Not Included in asking price
Real Estate
Owned
Employees
10
Facilities
This modern 3,600-square-foot medical office is thoughtfully designed to ensure smooth patient traffic. It boasts a spacious waiting room accommodating 12 chairs, 8 well-equipped exam rooms, 4 private offices, a procedure room, 2 patient restrooms, 2 staff restrooms, a comfortable staff lounge, 2 nurses’ stations, a fully-furnished laboratory, and a convenient storage room. With ample parking space for 50 vehicles, this facility is well-equipped to serve the needs of patients and staff alike.
Growth & Expansion
Strategic plans for future development include transitioning to a PCMH model, reintroducing aesthetic services, investing in telemedicine, expanding marketing efforts, offering extended office hours, forming strategic partnerships, and upgrading facilities and technology. These initiatives aim to enhance patient care, attract new patients, and secure sustainable growth for the practice.
Financing
$145,000 to qualified physician buyer on approved credit
Support & Training
The physician owner will remain post-sale to ensure a smooth practice transition.
Reason for Selling
The owner is preparing for retirement
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Scott
Reid
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Scott Reid
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