Primary Care Medical Practice for Adult and Senior Patients in Southeast Florida
Off-MarketDeerfield beach, FL
Established Primary Care Medical Practice Serving Patients. The Practice Offers Ongoing Primary Care Services To Adult And Senior Patients, With An Established Patient Base And Relationships With Major Commercial Insurance And Medicare Providers.
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$700,000
$200,000
28.6%
1991
Past 24h
Customers
The practice serves a mix of adult and senior patients, with approximately 50% aged 65 or older and 50% under age 65. Younger patients include individuals with commercial health insurance, employer-sponsored plans, marketplace insurance, and self-pay arrangements. Senior patients are covered through traditional Medicare and Medicare Advantage plans. The practice has thousands of patients in its system, including longstanding patients who have received care for more than 20 years. It currently sees approximately 15–20 patients per day.
Customer Acquisition
Primarily through its longstanding community reputation, word of mouth, patient referrals, and repeat visits from existing patients. The practice does not actively invest in advertising or digital marketing and currently has no website. It receives approximately 10–15 new patients per month and also accepts walk-in patients.
Team
The practice currently has two full-time employees, including one recently hired nurse practitioner, and one part-time operations manager who is the owner’s daughter. The owner expects the two full-time employees and the nurse practitioner to remain after a sale. His daughter currently works approximately three hours per day managing operations but is not expected to stay permanently. The owner plans to hire a replacement manager and have his daughter train that individual. Both the owner and his daughter are willing to assist with the transition.
Owner's Role
The owner is the primary physician and personally provides medical care to approximately 15–20 patients per day. He oversees clinical operations and patient care. He has recently hired a nurse practitioner to begin transitioning patient responsibilities away from himself.
Reason for Selling
The owner is ready to retire after approximately 35 years of operating the medical practice. He would prefer to sell the practice, assist with the transition, and eventually step away from daily operations.
Contracts
The practice participates in reimbursement arrangements with major commercial insurance providers, Medicare, Medicaid, and an Accountable Care Organization (ACO). The owner reported approximately $100,000 annually in additional ACO-related payments tied to cost savings and performance measures.
Real Estate
No. The practice operates from a leased, approximately 1,300-square-foot medical office in a retail plaza along the Hillsboro Boulevard corridor in Broward County. The space was built out approximately 2.5 years ago and includes six equipped examination rooms. The owner considers the location advantageous due to its proximity to a large senior residential community.
When Are You Looking to Sell
Within the next 6-12 months
Licenses Required
Yes. The practice requires appropriately licensed medical providers and compliance with applicable Florida healthcare regulations. The owner stated that the facility has applicable AHCA approvals and participates with Medicare, Medicaid, and multiple commercial insurance networks.
Additional Notes
The owner reports approximately $200,000 in EBITDA and estimates seller’s discretionary earnings of $350,000–$375,000. He believes additional personal expenses, including health insurance, vehicle expenses, fuel, and phone costs, may qualify as add-backs. The practice receives approximately $100,000 annually in ACO-related incentive payments, which are included in the owner’s reported revenue figures. The recently renovated facility includes six examination rooms and was designed to accommodate two healthcare providers, creating potential capacity for expansion. The owner recently hired a nurse practitioner to help transition patient care and reduce dependence on his personal involvement. The seller estimates the practice’s value at approximately $1 million and is seeking a sale price around that level. The owner is willing to remain temporarily following a sale to support patient and staff transition.
Business ID: 2165
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