This is a Medical Specialty that focuses on individuals with addictions. It is perfect for the medical practitioner who wants to acquire a profitable medical practice that serves a growing population. They are Board Certified Addiction Specialists who are diligently serving their community by providing compassionate, personalized and unhurried care for those seeking guidance navigating the complex landscape of substance use and pain treatment alternatives.
The practice accepts most insurance plans. For the uninsured there are discounts for payment at time of service and they offer a monthly fee for membership in the practice.
This practice uses support and the appropriate drugs that bring people out of the dependency of pain killers, methadone, other prescription drugs as well as street drugs and alcohol.
They established their reputation as a professional and caring medical office early on, then, transitioning from a Family Practice to an addiction/pain medicine practice in 2018.
- Asking Price:
- $425,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $481,926
- Cash Flow:
- $187,223
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
The practice has a beautiful office location on the East Side. There is a tranquil, comfortable waiting room and 2 traditional exam rooms, as well as, 2 rooms with comfortable beds, TV, and easy chair for those in detox. The building has an easily accessed ample covered parking lot and off street entrance.
Business Operation
- Expansion Potential:
-
The addiction space is growing in the Seattle area as well as nationally. The practice has continued to organically grow based on this increasing demand. Proactive efforts would predictably increase the client base by contacting potential referral sources, increased support of current patients and community outreach.
- Competition / Market:
-
There is very little competition from individual providers. This is the go to practice for drug dependency patients who want to manage or get off their drugs safely. The main competition is larger hospitals or national corporate organizations.. They tend to offer more rigid rule-driven or one-size-fits-all programs. Many people struggling with substance use disorder or chronic pain treatment want more personalized program. One of the main assets of this practice is the time spent with the clients. They take time to meet people where they are, assess their needs, and offer customized plans of care.
- Reasons for selling:
-
Owner is retiring.
- Trading hours:
-
Mon-Thurs 9am-5pm; After hrs. by Appt.
- Employees:
- 2 FT/1 PT
- Years established:
- 21
Other Information
- Support & training:
-
Will train for 2 weeks @ $0 cost.
- Furniture / Fixtures value:
- $16,000 - included in the asking price
- Inventory / Stock value:
- $5,000 - included in the asking price
- Relocatable:
- This business can be relocated.
