Concierge Internal Medicine Practice - California
Turn-key medical practice in affluent Central Coast market
Turn-key medical practice in an affluent California market. Break free from insurance-based medicine!
TIRED OF SEEING 25+ PATIENTS/DAY? This established concierge practice offers the perfect escape from the insurance treadmill. Build equity while practicing quality lifestyle medicine.
FINANCIAL PERFORMANCE - 5 YEAR TRACK RECORD:
2024: $363,431 SDE (51.2%)
2023: $315,723 SDE (47.3%)
2022: $391,250 SDE (53.2%)
2021: $398,120 SDE (55.0%)
2020: $376,670 SDE (52.6%)
WHY THIS PRACTICE WORKS:
40+ year established reputation in Santa Barbara County
Recession-resistant concierge model with predictable monthly revenue
Premium demographics - median household income $118k+
Only 1,250 annual visits vs 6,000+ in traditional practice
Month-to-month lease at $2,100 (extremely low overhead)
OPERATIONS:
2 exam rooms, 1 procedure room
Long-term staff: 31-year office manager + medical assistant
AdvancedMD EHR system
Services: comprehensive physicals, same-day visits, home visits, travel medicine
IDEAL BUYER: Board-certified Internal Medicine/Family Medicine physician seeking work-life balance, genuine patient relationships, and practice ownership.
Financials (USD)
Asking Price $450,000
Cash Flow $363,431
Sales $709,889
Deal Terms
Represented by broker? Yes
Buyer Fee? No
Seller Financing? Yes
Willing to co-broke? No
Principals only? Yes
Franchise? No
Management will stay? Yes
Relocatable? No
Real Estate? No
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