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Medical Practice for sale in Worcester, Massachusetts

Contact Information Inquire Here General Location: Worcester ID#: 26400231
Financial Information Asking Price: $2,250,000 Gross Annual Revenue: $1,894,387 Adjusted Annual Earnings: $1,536,177
Additional Information General Category: Medical Practices Specific Buisness Type: Medical Practice Facility: Office base Summary Profile:

This 20-year-old medical practice focuses on Primary Care/Internal Medicine. Very profitable, well-established, and highly efficient with top ranking in comparison to the national benchmark. This practice provides exceptional medical services. The 2020 revenue is projected to beat 2019’s despite the ongoing COVID-19 crisis. The practice has 3100+ active patients and continues to grow, adding 30-35 new patients each month. Most of the patients are professionals, ages 25-60, with lucrative private insurance plans. Well-trained, dedicated support staff including a Nurse Practitioner, seeing 45-50% of the practice’s patients, will stay on with the new MD. The seller will provide transition assistance to the buyer. All billing is done in-house and the practice accepts most private insurances. This is a one-of-a-kind medical practice with low overhead and high profitability. 2020 financials are from year-end P&L.

Contact Tom Jones for further details 754-224-3111

Refer to 264-00231 when inquiring