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Asking Price$600,000
Revenue$450,000 EstablishedUndisclosed
Cash Flow$300,000 Employees2 full-time
FF&E$5,000* FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Light & Raphael is pleased to offer an established medical practice for sale in Richmond, Virginia.

The doctor is a general practitioner. It is an ‘S’ corporation. The Doctor will work with a buyer in a transition for up to 12-18 months. The ideal purchase of the practice is an MD currently operating in Virginia. The doctor is assisted by a receptionist and an assistant.

The practice has over 3,000 clients across the greater Richmond area and from areas as far away as Farmville, Amelia, Blackstone, Powhatan, etc. The Doctor sees an average of 100 clients each week. The practice still accepts new clients but is very busy. The Doctor does zero advertising and does not have a website or any social media presence.
Facilities:The current lease is month-to-month and the landlord would happily sign a long-term lease. Rent is only $1,500 monthly. There is plenty of parking available. The practice includes a reception area, two offices, kitchen, two examining rooms and one extra room that could be used as a third examining room. The practice is handicapped accessible.
Competition:The U.S. primary care physicians market size was valued at $283.0 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 4.7% from 2020 to 2027. Access to primary care providers can curb the growing rate of hospitalization, usage of prescription drugs, and prevalence of chronic diseases. General physicians practicing internal medicine, family medicine, and pediatrics provide early detection of diseases with immediate treatment, management of chronic conditions, and preventive measures. Primary care is the center of the U.S. healthcare system, reforms in the healthcare coverage will reenergize the infrastructure and aid the rebuilding of the primary care payment and delivery model. The comprehensive care provided by primary care physicians (PCPs) and the continuous patient and physician relationship is essential to improve the quality of care which will lead to positive patient outcomes in the long run.
Training/Support:Doctor will provide support and training following the sale.
Seller Financing:Some seller financing available
Sale Reason:Doctor wishes to retire.
Ad #128939
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Gavin P Raphael
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