Established Medical Practice & Urgent Care in Norfolk County, MA - $399,000 Asking Price
Financial Details
- Asking Price:
- $399,000
- Annual Revenue:
- $514,300
- Cash Flow / SDE:
- $332,141
- Profit Metric:
- Cash Flow
- Valuation Multiple:
- 1.2x
- Location:
- MA, US
- Source:
- Date:
- September 15, 2025
Key Highlights
Description
This established medical practice, located in Norfolk County, MA, has been serving the community for 26 years and boasts approximately 1,500 active patients. Specializing in Internal Medicine, Adolescent Medicine, and Family Medicine, the practice is well-regarded, accepts most insurances, and offers significant growth potential. Opportunities include reintroducing physical therapy and adding occupational therapy services. The current owner, a physician, is retiring and has offered a negotiable 6-month transition period, including a $150,000 annual salary, to ensure a seamless transfer of patient relationships, services, insurance contracts, and operational expertise. The practice provides a comprehensive range of services such as urgent care, routine follow-ups, annual preventive exams, cardiograms, vaccinations, blood work, and prescription management. Essential functions like billing, laboratory services, and payroll are handled by external contractors. Full details are contingent upon signing an NDA and POF. The practice is multilingual, offering services in both English and Russian.
Industry Information
- Industry Description:
- Medical Practice, Urgent Care
- Classification:
- Health Care & Fitness
Operational Snapshot
- Year Established:
- 1999
- Reason for Selling:
- Retirement
Real Estate & Lease
- Status:
- Available_on_request
Listing Details
- Listing ID:
- 739960b0-ab2d-4aed-acf1-3a2586023c6f
- Deal Status:
- For Sale
- Date Posted:
- June 27, 2024
- Last Updated:
- September 15, 2025
- Currency:
- USD