Profitable And Growing Endocrinology Practice

Business Overview:

Profitable and Growing Endocrinology practice located in North Central Florida. Established for over 19 years, this practice has a medical doctor attending to patients that is expected to stay on post sale. Company also provides a weight loss service that is rapidly growing. It currently accounts for 5% of revenue. The company's payer mix for 2024 was 50% Medicare/Medicare Advantage, and 50% commercial insurance and military. The staff includes 10 Full Time employees and 1 Part Time employee - staff is expected to stay on. The practice occupies 2,940 square feet of leased space for a $6,642 in a medical office complex.

The practice receives 300 to 340 new patients a month. The numbers are increasing due to different communities that are being built in the surrounding area, especially the multiple 55 and older communities. Referrals come from primary care physicians, specialists and hospitals in the area.

This practice is located in a federally designated underserved area and has the potential to increase its reach and revenue significantly. Population growth in the 55+ communities is expanding rapidly in the surrounding area creating even greater demand.

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