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Prime 50-year-old Pediatric Practice In Volusia County For Sale

Volusia County, Florida, US
Asking Price:
$1,545,000 Furniture / Fixtures included
Sales Revenue:
$677,819
Cash Flow:
Available on request

Instant Value Add by Accepting Medicaid and Mid-level

a remarkable, 50+-year-old multigenerational practice that offers top-notch care. The practice is a teaching site for medical students, physician assistants, and nurse practitioners. This private, independent practice was established to improve the community's health by providing high-quality, comprehensive pediatric medical care in a very welcoming and compassionate environment. Parents witness their child's doll or stuffed animal being tended to by the physician or singing and tickling their little one. The staff strives to make visiting the office a comfortable and enjoyable experience every time.

The practice is well located near other specialists and a regional hospital, just minutes off the freeway. The 3,000-square-foot, two-story building is also available for purchase at $1,200,000.

There is an excellent opportunity for revenue growth by adding Medicaid plans, telehealth, additional providers and ancillary services, after-hours urgent care, behavioral health, and implementing a marketing plan.

100% Bank Financing Available for practice with approved credit. Please inquire.

Property Information

Real Estate:

Real Property Included

Location:

Volusia County, FL

Premises Details:

Two-story 3,000 SF medical office built in 2007. Two separate waiting rooms (sick and well patients), 1 large reception area, 8 exam rooms, 2 provider offices with private bathroom for each, 1 practice administrator/billing office, 2 patient restrooms, 1 staff restroom, 2 MA/nursing stations, 1 staff lounge, 1 conference room, 3 storage closets, and 1 records’ room. The building has 18 dedicated parking spaces. Large bi-directional monument signage available (never used).

Size in square feet:
3,000

Business Operation

Expansion Potential:

Hire an additional provider(s), expand office hours, offer urgent care services, accept Medicaid, add ancillary services, offer telehealth or behavioral health services, and create a website and marketing plan. The practice is turning away new Medicaid patients daily.

Reasons for selling:

Preparing for retirement.

Employees:
3
Years established:
1992

Other Information

Support & training:

The seller is willing to remain post-sale for 3-4 months for a smooth transition. Support staff shall remain with the practice.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

$34,500 on approved credit to a qualified physician buyer.