Medical Primary Care Practice for sale Palm Harbor FL
Business Overview
An exceptional acquisition opportunity is available to acquire an established, turnkey primary care and family medical practice located in the highly desirable North Pinellas County region. Serving the community continuously for 15 years, this medical practice offers a stable operational framework, a highly desirable patient payor mix, and a proven history of patient loyalty.
The practice operates with a streamlined payor model consisting exclusively of Medicare (60%) and direct Cash payments (40%), completely eliminating complex commercial insurance billing and third-party administrative delays. Operating on an efficient schedule where the primary physician sees patients fewer than 25 hours per week, the practice generated $231,486 in gross revenue with $99,845 in owner discretionary earnings.
The business includes a active roster of over 500 patient charts from the past 12 months, along with thousands of historical patient records. Buyers have flexible options: acquire the fully equipped turnkey office space to immediately take over current operations, or acquire the extensive patient roster and integrate it into an existing local practice to instantly boost patient volume and revenue density.
Financial Overview
SOLD!
Amount Asking: $125,000
Down Payment: $125,000
Gross Sales / Revenue: $231,486
Discretionary Earnings: $99,845
Furniture, Fixtures, & Equipment (FF&E): $10,000
Real Estate Value: Leased
Total Assets Value: $31,000
Key Investment Highlights
15-Year Operating History: Deeply rooted community presence with strong patient recall and word-of-mouth referral networks across the North Pinellas market.
Simplified Billing Model: Direct payor structure comprising 60% Medicare and 40% Cash/Self-Pay, significantly reducing collections friction and billing overhead.
Turnkey Facility & Equipment: Comes complete with 3 fully operational exam rooms, an on-site laboratory area, a private physician office, and $10,000 in included furniture, fixtures, and medical equipment.
Robust Active Patient Database: Over 500 active patient charts established in the last 12 months, backed by thousands of historical medical records.
Flexible Acquisition Pathways: Ideal as a turnkey practice take-over for an incoming physician or as a strategic patient chart acquisition to fold into a nearby medical facility.
High-Efficiency Practice Schedule: Current provider works fewer than 25 patient-facing hours per week, offering substantial upside for an active practitioner to expand clinic hours and patient throughput.
Comprehensive Training & Support: Outgoing physician provides 2 weeks of hands-on operational transition support at no additional cost.
Property & Operations Summary
Facility & Lease Terms
The practice occupies a well-appointed 1,200 square foot facility situated within a prime professional office plaza in North Pinellas County. The physical infrastructure includes 3 exam rooms, a dedicated lab space, and a private doctor's office. Monthly rent is $1,900, offering low fixed overhead costs. Favorable lease terms and extension options are available for incoming ownership.
Operations & Staffing:
Operating hours are Monday through Friday from 8:30 AM to 4:30 PM. The clinic is supported by an experienced operational team consisting of a full-time practice manager/scheduler, alongside a part-time nurse and medical assistant. The seller is offering a 3-year, 5-mile non-compete agreement to ensure seamless continuity and protect buyer goodwill following the sale. Medical licensing (MD or DO) is required to operate the practice.
