Foremost Family Medicine Practice for Sale with 450 Medicare Lives

Kansas City, MO

Asking Price:	$425,000
Rent:	$8,821

Gross Revenue:	$1,039,153
Established Year:	2009

Listing ID: 2275683Listing provided by BizBuySell

BUSINESS DESCRIPTION

Great Growth Potential In the Heart of Kansas City

This leading family medicine practice in the heart of Kanas delivers high-quality patient care and flexibility in treatment decisions in a culturally sensitive clinic environment. The practice offers a wide range of family medicine services, including mole, cyst, and skin cancer excisions, skin tag removal, topical acid treatments, ear irrigation, EKGs, foreign body removal from ears, and routine gynecological care. Additionally, this practice is working towards its PCMH certification.

The payor mix consists of 17.7% Medicare, 63.7% Commercial, and 18.5% Others/Self-pay and draws patients from the greater Kansas City area, including the suburbs. Some patients reside as far away as 200 miles.

DETAILED INFORMATION

Location

Kansas City, MO

Inventory

Not Included in asking price

Real Estate

Leased

Building SF

4,666

Lease Expiration

30/09/2028

Employees

Facilities

This 4,666 SF single-level medical office has a handicap-accessible entrance from the parking lot, a waiting room, reception area with two workstations, eight exam rooms, one procedure room, four provider offices, three staff offices, open medical assistant area, phlebotomist space, clean lab area, staff restroom, two patient restrooms, conference room, kitchen area, and storage room. The parking lot offers 16 spaces.

Competition

Competition is primarily from "corporate medicine," which has limited availability for new patient appointments.

Growth & Expansion

In addition to the PCMH certification, future growth opportunities include further marketing investment and adding one or two more providers. Realigning ACO plans and targeted efforts into the senior market would pay dividends.

Support & Training

The owner is willing to remain on staff post-sale to ensure a smooth transition.

Reason for Selling

Founding physician is seeking to transition out of sole ownership while continui

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