State:
Florida
Category:
Clinics, Urgent Care, & Emergency Rooms
Asking Price:
$1,100,000
Revenue:
$1,000,000
Company Overview
American HealthCare Capital is pleased to exclusively represent an urgent care clinic for sale in the Tampa Bay, Florida area. This UCAOA-accredited clinic has been in business for over a decade offering urgent care services, EHR, online self-scheduling, electronic prescribing, in-house pharmacy services, x-rays, and EKG, as well in-house testing for COVID, flu, strep, urine, and more under their CLIA certificate of waiver. They have two physicians, one who is Board Certified in Emergency Medicine, and one who is Board Certified in Pediatrics. Their mid-level providers are all experienced in ER and urgent care.
Financial Overview
The company’s payers include all commercial insurances (40%), Medicare (30%), and private pay (30%). They also accept Tricare, but they do not accept Medicaid. The clinic saw steady growth over the past few years and has flattened out in 2023. They expect to reach $1 million in gross revenues in 2023 with an adjusted EBITDA near $220,000. The clinic currently sees 25 – 30 patients per day. There is ample room for growth, especially with the recent addition of pediatric services.
Staff Overview
The staff is expected to stay on under new ownership, and the sellers are open to staying on as well for the right fit.
Asking Price
The asking price for this opportunity is $1.1 million.
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