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$1.5 Million Revenue, High Margin Urgent Care Clinic in Arizona

State: 

Arizona

Category:

Clinics, Urgent Care, & Emergency Rooms

Asking Price:

$2,000,000

Revenue:

$1,500,000

Listing Code:

AZMED1A

American HealthCare Capital is pleased to introduce an urgent care clinic for sale in Arizona. The company has been in business since 2015 providing care to both pediatric and adult patients. Services include Urgent Care, EMR, Electronic Prescribing, Digital X-ray Services, COVID Vaccines, COVID Testing, EKG, Ortho Supplies, Nebulizer Supplies, and other in house testing.

The clinic is credentialed with all major private insurances and all Medicare and Medicaid plans. Their payer mix is 50% private insurance and 50% Medicare, Medicaid, and other. Gross revenues have increased substantially over the past few years, going from under $400,000 in 2020 to nearly $1 million in 2022. They are presently on track to reach $1.5 million by the end of 2023 with a net operating income of around $525,000. Utilizing mid-level providers has contributed to their high profit margins.

The clinic sees an average of 80 patients per day during their peak season (October to March) and 40 patients per day during their off season (April to September). They would immediately benefit from a marketing effort since all business is currently generated from word of mouth referrals. Additional growth could be achieved by adding a Medical Director, hiring more mid-level providers, increasing their operating hours, or becoming a 24 hour clinic.

The staff is expected to remain under new ownership, and the sellers would consider staying on long term if desired.

The asking price for this opportunity is $2 million.

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