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$1.5 Million Urgent Care Clinic in Northern Virginia

State: 

Virginia

Category:

Hospitals & Surgery Centers

Asking Price:

$600,000

Revenue:

$1,500,000

Listing Code:

VAMED1A

American HealthCare Capital is pleased to introduce an Urgent Care Clinic for sale in Northern Virginia. The company was established in 2014. Services provided include illness evaluations, X-ray, Labs, immunizations, physicals and drug and alcohol testing. The clinic treats a broad range of conditions including illness, injury, lacerations, wounds, abscesses, infections, rashes and many others, including work and sports related injuries. The clinic also administers joint injections and performs IV hydration with medical administration.

The payer mix is as follows: 55% Private Pay, 20% Medicare, 10% Medicaid, and 5% Other. The clinic sees 25-30 patients per day. Gross revenues have steadily grown since the company’s inception. In 2017, they grossed nearly $1.1 Million, and they are currently on track to reach $1.5 Million in 2018 with an adjusted EBITDA of $200,000. The owners believe a marketing program directed towards the local business community would result in the continuation of its significant growth.

The current owner who oversees the clinic plans to relocate out of the area. However, non-owner medical and administrative personnel are available to stay on post-acquisition.

The asking price for this opportunity is $600,000.

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