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$1.4 Million Revenue Family Practice Clinic in the Chicago, Illinois Area

State: 

Illinois

Category:

Primary Care, Pain Management, & Specialty Group Medical Practices

Asking Price:

$650,000

Revenue:

$1,400,000

Listing Code:

ILMD1A

American HealthCare Capital is pleased to introduce a Family Practice Clinic for sale just outside of Chicago, Illinois. This single location practice was established over 13 years ago and has been a mainstay in the community. They provide evidence based, patient-centered family medical care to patients of all ages.

The family practice in Chicago\’s business mix is diversified with 40% Medicare, 30% Medicaid, 25% Insurance, and 5% Private pay with over 20,000 active charts. Gross revenues have been consistent in the $1.4 million range with an adjusted EBITDA consistently at $250,000 (17.5%). This profitable platform can be used as an expansion model with the right owner.

There is a full complement of staff available to continue working with a new owner, which includes Medical Assistants, Ultrasound Technicians, Nurse Practitioners, and more.

The asking price for this family practice for sale is $650,000.

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