Successful Primary Care/Cardiology Practice

West Palm Beach, FL (Palm Beach County)
Asking Price: $2,200,000
Business For Sale Details
Listed on Feb 24, 2025

VERY PROFITABLE PRIMARY CARE/CARDIOLOGY/GERIATRIC PRACTICE
Very profitable and well-established (42 years) internal medicine practice with specialties in cardiology/geriatric medicine available in a very affluent area of Southeast Florida. Quality of life is unsurpassed in this coastal community with no state income tax and very affordable living. If you are a Florida-licensed physician who wants a profitable and prospering practice with a great reputation and patient base, this may be your best opportunity ever! This 2500 active-patient office is an ideal practice for a young physician who wants to hit the ground running or a seasoned physician looking to e-x-p-a-n-d his/her existing practice! The potential for additional medical services such as aesthetics, allergy and weight loss are easily attainable within ample existing (2300 SF) space which includes five exam rooms, two laboratories (one nuclear) and stress-testing room.
This well-equipped, state-of-the-art, facility is located near three major hospitals and senior living communities with immediate access to Rt. I-95. All major insurances are in place with a very balanced patient/payor mix. The founding physician and nurse practitioner are willing to stay on through an orderly transition period to suit the needs of the acquiring entity and will entertain staying on indefinitely. All support staff members will remain if requested.
Very attractive third-party financing, up to 100%, has been pre-approved and available to qualified buyers.

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Financials (USD)

Asking Price $2,200,000

Cash Flow $980,000

Sales $1,500,000

Deal Terms

Represented by broker? Yes

Buyer Fee? No

Seller Financing? Available On Request

Willing to co-broke? No

Principals only? Yes

Franchise? No

Management will stay? Yes

Relocatable? Yes

Real Estate? No

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