Buyer must be a BC or BE physician.
The owner of this well established, very successful
mostly-adult-medicine primary care practice purposefully practices part-time, approximately
27 clinical hours per week, in order to have more quality of life.
There is typically a waiting list of 1-3 weeks for patient appointments. The doctor sees patients approximately 27 hours per week, with up to an additional 15 hours per week of charting, administration, continuing education, and research. Income could be significantly increased with full time practice, addition of employed physcians or mid-levels, or ancillary services.
The physician and nurse practitioner care for approximately 5,000 patients. There is ample opportunity to grow the practice further with extended hours, additional mid-levels, or employed physicians. Revenues are approximately 60% capitated, with the rest being Medicare, PPO, or self-pay. The owner has privileges at CPMC and St Mary’s hospitals.
The owner has hospital privileges at a nearby hospital, with reportedly good support from specialists and hospitalists, but does virtually no hospital work.
This beautiful, modern and efficient office is approximately 1,400 square feet with 5 exam rooms. The lease has been renewed, with extensions reportedly available. The practice is located at a major medical center, with bus-lines, ample parking, and in walking distance to social amenities. Residential neighborhoods with good schools are within walking distance, and the amenities and lifestyle of San Francisco need no repetition here.
ANNUAL COLLECTIONS $700,000+
ANNUAL INCOME $380,000 part time! ($200,000+ more per year than a job!)
ASKING PRICE $195,000 (Purchase pays for itself out of extra profits!)
TERMS: Up to 100% bank/seller financing may be available to qualified borrowers.
TIMING: Available immediately. Seller's immediate exit or phase out will be coordinated with Buyer's desires, not to exceed three months beyond purchase date.
package is available to qualified applicants
by signing and returning a Confidentiallity Agreement
available by clicking here.
Please identify this practice on the form as "SF FP"
Phone or email Seller's Representative,
Keith Borglum CHBC at Professional Management and Marketing
at 707-546-4433 with questions or to make an offer.
(but I can't say much more without that signed Confidentiallity Agreement in hand)
All facts provided by seller to broker are deemed reliable, but Buyer is to verify all information prior to purchase. Broker Lic #00767129