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Profitable Family Practice With Wellness Focus For Sale

Maricopa County, Arizona, US
Asking Price:
$395,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$696,752
Cash Flow:
$206,394

The founding physician created an integrative center in 1985 with a vision for healthy healing. Despite no direct marketing and accepting only four insurance companies, this wellness center has grown and thrived from word of mouth. More and more patients seek out an alternative to the large physician/hospital conglomerate model.

This family medicine practice treats newborns to geriatric patients in a polite, positive, professional, and soothing environment. Patients needing guidance with any aspect of their health or medical problems, including hypertension, diabetes, diet, weight gain, thyroid dysfunction, acute infections, or chronic conditions, are treated by this integrative center. Preventative programs such as hormone replacement and anti-aging programs are offered. Optimal health maintenance, including employment exams, sports exams, annual physicals, and biometric screenings, seek care from the practice.

This integrative center specializes in prescribing natural treatment programs for patients who desire to reduce or eliminate chronic medications such as blood pressure, cholesterol, or anti-depressant medications.

The founder is the only plant-based physician in Metropolitan Phoenix and is highly sought after for nutrition guidance. All patients are encouraged to adopt healthy lifestyles to reduce illnesses and prevent disease.

Property Information

Real Estate:

Real Property Included

Location:

Phoenix, Arizona

Premises Details:

Approximately 2,803 sq. ft. of medical office space in a “green building” constructed in 2012 located near HonorHealth Deer Valley Medical Center. The design and construction objective of the Wellness Center was to create a healthy and healing atmosphere while maximizing energy efficiency and minimizing toxic chemical exposure. The facility includes a physician office with private rest room, three exam rooms, large procedure suite, nurses station, thermography suite, staff lounge, two private waiting rooms, three restrooms and laundry room.

Size in square feet:
2,803

Business Operation

Expansion Potential:

According to the American College of Lifestyle Medicine, at least 80% of health care spending in the United States is tied to treating chronic disease such as heart disease, stroke, type 2 diabetes, obesity, osteoporosis and several cancers, all of which may be rooted in poor lifestyle choices. The key is to treat the underlying cause of disease rather than just symptoms. Expansion opportunities include:
1) Expand accepted insurance. Patients are turned away on a daily basis due to limited insurance panel;
2) Currently no practice marketing or social media presence exists;
3) better utilization of space to accommodate additional providers (PCP, Naturopath, Acupuncturist, hypnotherapist, counselor or thermography);
4) Expand hours evening hours between 5-7 pm;
5) Renegotiate insurance contracts for better reimbursement;
6) Add ancillary services (IV therapy, laboratory, neurotherapy, allergy);
7) Offer telemedicine appointments for HRT patients.

Competition / Market:

This is the leading practice in Lifestyle Medicine in Metropolitan Phoenix. The founding physician has been a plant-based physician for over a decade.

Reasons for selling:

The current owner has no clear successor to the current owner-medical director who now seeks to pursue other business opportunities.

Employees:
2
Years established:
37

Other Information

Support & training:

Founding physician is open to remaining on staff and working 1+ additional years, compensation and employment terms to be mutually agreed upon.

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

Seller will finance up to 10% of the sale price to a qualified physician.