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Profitable Value-Based Primary Care Platform | ~40% Capitated For Sale

Broward County, Florida, US
Asking Price:
$2,100,000 Furniture / Fixtures included
Sales Revenue:
$3,317,705
Cash Flow:
$957,304

Rare opportunity to acquire a profitable, founder-led primary care platform in one of the most Medicare Advantage-dense markets in the country (South Broward County, Florida). Unlike the fee-for-service practices that dominate the acquisition market, this practice has already made the transition to value-based care: roughly 40% of revenue is capitated - recurring monthly per-member payments tied to panel size, supplemented by quality and shared-savings incentives.

The practice serves approximately 7,000 active patients, including about 1,200 Medicare Advantage and 540 traditional Medicare lives (a ~1,740-life Medicare panel), and participates in accountable care organizations (ACOs) and clinically integrated networks with active HEDIS quality reporting. That infrastructure - established payor relationships, quality-reporting discipline, and a recurring risk-based revenue base - is exactly what strategic and financial buyers pursuing value-based care are competing to acquire.

FINANCIAL HIGHLIGHTS

  • 2025 gross revenue: $3,317,705 (a fiveyear high)
  • 2025 discretionary earnings (SDE): $957,304 (28.9% margin)
  • Fiveyear average owner earnings above $1,000,000
  • Asking price: $2,100,000


The earnings profile is uncommon among independent primary care practices and is directly attributable to the recurring, capitated payor mix that cushions the practice from fee-for-service volume swings. Top-line revenue has grown three years running.

Founder continuity de-risks the transition. The board-certified founding physician intends to remain with the practice after closing and continue treating patients - preserving patient, staff, payor, and referral relationships through the transition, the single biggest risk in any primary care acquisition. The clinical team includes two physicians, two physician assistants, and a nurse practitioner, supported by roughly 25 experienced administrative and clinical staff, many with 10-15+ years of tenure. An offer has been extended to an additional physician assistant.

The practice occupies a modern facility of roughly 5,217 sq. ft. with 13 exam rooms and capacity for at least one additional provider today - a built-in runway for panel and revenue growth with no major capital expense. Growth has come almost entirely through referrals and word-of-mouth (4.8-star average rating, 500+ reviews), leaving digital marketing, online scheduling, deeper value-based contracting, Medicare Advantage panel expansion, and added ancillary services as clear, low-cost levers for a new owner.

Seller financing is available to a qualified physician buyer ($300,000 seller-carryback note; $1,800,000 cash at close), signaling genuine confidence in continuity and post-close performance - an alignment of incentives that materially de-risks the transaction.

Serious, qualified buyers must execute a confidentiality/non-disclosure agreement to receive the full Confidential Information Memorandum, detailed financials, and a management discussion. Accounts receivable are excluded from the sale.

In Association with ParaSell, Inc.

Property Information

Real Estate:

Lease

Lease Terms:

$16,340 per month

Location:

Broward County, FL

Premises Details:

Professionally built-out medical office of ~5,217 sq. ft. with 13 exam rooms (including dedicated procedure rooms and a wheelchair-accessible room), two lab areas, two nurses' stations, physician offices, and administrative space. Leased with a supportive landlord and automatic annual renewal. Layout accommodates at least one additional provider today - no major renovation required.

Size in square feet:
5,217 SF

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Multiple levers, most leveraging existing infrastructure: (1) add a provider into existing capacity to expand the panel with no major capex; (2) deepen value-based contracting and HEDIS performance to grow incentive and shared-savings payments; (3) expand the Medicare Advantage panel via targeted outreach - in a capitated model, panel growth compounds directly into recurring revenue; (4) add ancillary services; and (5) modernize digital acquisition (SEO, online scheduling, paid marketing), largely greenfield given referral-driven growth.

Competition / Market:

The practice sits in one of the most Medicare Advantage-penetrated markets in the U.S. (South Florida), where 60%+ of Medicare beneficiaries are enrolled in MA. Value-based care is scaling fast - lives under VBC arrangements are projected to nearly double to ~90 million by 2027, and CMS aims to place all Traditional Medicare beneficiaries in accountable-care relationships by 2030. Independent, VBC-ready primary care is a scarce, sought-after asset that payers, provider groups, and financial sponsors are actively consolidating.

Reasons for selling:

The owner is seeking a strategic partner to assume the administrative and operational burden of the practice, freeing the physician to focus on patient care. Importantly, the founder intends to remain and continue treating patients after closing - this is a partnership and platform opportunity, not a wind-down. Transition terms by mutual agreement.

Employees:
25
Years established:
2003

Other Information

Support & training:

The board-certified founding physician intends to remain with the practice post-close and continue treating patients, providing continuity for patients, staff, payors, and referral sources. An experienced, long-tenured team (many with 10-15+ years) and established workflows support a smooth handoff. Transition terms are set by mutual agreement.

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

$300,000 in seller financing available to a qualified buyer.