Confidential Family Medical Practice - Seminole County, FL

This is a confidential family medical practice for sale located in Seminole County, Florida. Established over 34 years ago, the practice has cultivated a strong reputation and a loyal patient base, serving approximately 325 Medicare Advantage patients, 450 Medicare patients, and 2,500–3,000 commercial patients. The practice does not accept Medicaid, contributing to a favorable payer mix. The facility is a well-designed 4,000 sq. ft. space featuring 8 exam rooms, 3 handicap-accessible restrooms, dedicated offices for management, billing, physicians, and mid-level providers, a spacious reception area, an X-ray suite, lab, and storage. The layout is optimized for efficiency, allowing up to three providers to work simultaneously. The asking price is $1,400,000, with gross revenue of $1,436,527 and a cash flow of $346,262. Furniture, fixtures, and inventory are included in the asking price, valued at $191,391 and $2,000 respectively. The real estate is not included. The seller is willing to train for 2 weeks at no cost and will remain for up to six months at a negotiated rate to ensure a smooth transition. The owner is selling due to retirement. The lease expires on September 5, 2027, with a monthly rent of $7,000. The business has 5 employees. A non-compete agreement is in place for 10 miles and 2 years.