Turn-key Knoxville Family Medical Care Practice

Business Overview:

Established in 2007, this family medical practice in Knoxville, TN, has been a trusted provider of general medical care for nearly two decades. Located in a busy strip center, the practice serves a diverse patient base, accepting most major insurance packages, TennCare, and Medicare, while also receiving regular incentive payments. Services include treatment for acute illnesses, well exams, school and sports physicals, laboratory testing, EKGs, spirometry, and management of long-term diseases, making it a comprehensive primary care hub for the community.
The practice is equipped with furniture, fixtures, equipment (FF&E), and inventory typical of a small family practice supporting routine checkups, minor procedures, and patient management. It has maintained steady revenue over the years, reflecting a reliable patient base and operational stability, despite the owner not currently engaging in any advertising efforts. While the past year saw a revenue dip—attributed to the owner slowing down as retirement nears, alongside factors like new competition and shifts in older patient volume—this decline is an outlier in an otherwise resilient financial history, offering a buyer a proven income stream with potential for growth through strategic initiatives.
Priced to include all business-related assets—furniture, fixtures, equipment, supplies, inventory, brand, website, phone number, and more—this opportunity is ideal for a healthcare provider looking to step into an established operation. The seller is committed to a smooth transition, offering training, support, and extensive goodwill, with a long-term lease expected to be available for a qualified buyer. This Knoxville practice presents a rare chance to acquire a stable medical business with a solid foundation and room to thrive in a growing market.
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Property Features and Assets:

Well outfitted medical clinic. FF&E list provided in our Business Summary (CIM). List price also includes all medical supply inventory.

Market Competition and Expansion:

Expand offerings, especially for women, advertise locally, combine with another office that handles lab work to gain additional lab income stream, and/or add a Psychiatrist or mental health professional.

There are a couple small primary care practices and urgent care centers nearby.

Reason for Selling:

Additional Details:

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