LIFESTYLE MEDICINE PRACTICE FOR SALE

Phoenix, Arizona

Business Listed By:

Shaun Rudgear
6023628322

Asking Price:

$1285000

Est. Monthly Payment:

$4037

Gross Revenue:

$560174

EBITDA:

N/A

FF&E:

N/A
Estimated payment based upon 5.5% APR for 120 months with $93,000 down payment for well-qualified buyers. Terms may vary.

Cash Flow:

$258718

Cash Flow After Annual Debt Service:

$209366

Inventory:

1000

Rent:

N/A

Established:

1985

Business Description:

This practice provides lifestyle medicine using evidence-based lifestyle therapeutic intervention—including a whole-food, plant-predominant eating pattern, regular physical activity, restorative sleep, stress management, avoidance of risky substances, and positive social connection—as a primary modality to prevent, treat, and often reverse chronic disease.  Led by a plant-based family medicine physician, the practice treats newborns to geriatric patients in a polite, positive, and professional environment.  The practice specializes in prescribing natural treatment programs for patients who desire to reduce or eliminate chronic medications such as blood pressure, cholesterol, or anti-depressant medications. 

Detailed Information:

Location:

Phoenix, Arizona

Real Estate: 

Owned, Included in Sale (Valued at $820,000)

Lease Expiration:

N/A

Employees:

2

Facilities:

Approximately 2,803 sq. ft. of medical office space in a “green building” constructed in 2012 located near HonorHealth Deer Valley Medical Center. The design and construction objective of the Wellness Center was to create a healthy and healing atmosphere while maximizing energy efficiency and minimizing toxic chemical exposure. The facility includes a physician office with private rest room, three exam rooms, large procedure suite, nurses station, thermography suite, staff lounge, two private waiting rooms, three restrooms and laundry room.

Competition:

This is the leading practice in Lifestyle Medicine in Metropolitan Phoenix. The founding physician has been a plant-based physician for over a decade.

Growth & Expansion:

According to the American College of Lifestyle Medicine, at least 80% of health care spending in the United States is tied to treating chronic disease such as heart disease, stroke, type 2 diabetes, obesity, osteoporosis and several cancers, all of which may be rooted in poor lifestyle choices. The key is to treat the underlying cause of disease rather than just symptoms. Expansion opportunities include: 1) Expand accepted insurance. Patients are turned away on a daily basis due to limited insurance panel; 2) Currently no practice marketing or social media presence exists; 3) better utilization of space to accommodate additional providers (PCP, Naturopath, Acupuncturist, hypnotherapist, counselor or thermography); 4) Expand hours evening hours between 5-7 pm; 5) Renegotiate insurance contracts for better reimbursement; 6) Add ancillary services (IV therapy, laboratory, neurotherapy, allergy); 7) Offer telemedicine appointments for HRT patients.

Financing:

Seller will finance up to 10% of the sale price to a qualified physician.

Support and Training:

Founding physician is open to remaining on staff and working 1+ additional years, compensation and employment terms to be mutually agreed upon.

Reason for Selling:

The current owner has no clear successor to the current owner-medical director who now seeks to pursue other business opportunities.