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Urgent Care For Sale In Suburban Birmingham Alabama

Jefferson, Alabama

Asking Price: Gross: Cash Flow:
$460,000 $914,309 Undisclosed

Furniture and Fixtures Value:
$100,000 (included in the asking price)

Inventory Value:
$5,000 (included in the asking price)

Business Summary:
This independent well established Urgent Care is being presented for sale by Sunbelt of North Alabama. The practice is the leading urgent care in the area and has been in operation since 2010. The practice is averaging $950,000 a year without a owner/physician driving the day to day operations. The facility is located in North Birmingham. The Urgent Care has a built in patient base of 6000 active patients. A major benefit of this practice is the experienced team already in place. The team consists of nurse practitioners, doctors, and billing specialist who are willing to remain with the practice after the ownership transition has been completed. The practice is open 7 days a week and averages 25 new patients a day. The facility has 7 large exam rooms, large reception area, comfortable doctors lounge digital x rays (in house) and in house lab services. Most insurances accepted. Focusing more on Primary Care and Weight Loss would significantly increase revenues. The present location is very large and could be downsized to add more profit to the practice. This is a great business that could inspire new locations or be a perfect addition to an existing portfolio of urgent care clinics.

 
   
   
Year Business was Established: 2010
   
Number of Employees: 4FT, 6PT  
   
Facilities / Terms of Lease: Lease ends at the end of August.  
   
Potential Growth/Expansion: Visits to emergency rooms to treat minor injuries fell by 36 percent; Use of non emergency room centers increased by 140 percent. The large drop in emergency room visits and a substantial increase in the use of urgent care centers proves the future is very bright for this industry. The number of urgent care facilities increased from 6,400 to 8,100 in 2018, with another 500 to 600 expected to open this year. Millennials are leading the way driving demand and increased utilization of urgent care centers. Urgent Care is not only booming because physicians are seeking a better work life balance. Other factors driving the industries growth include patient demand, convenience, and costs. More patients paying out of pocket for healthcare services, more are turning to urgent care because costs are lower. Providing convenient urgent care services is no longer a secondary consideration filled by "moonlighting" primary care physicians - it is a distinct growth service line likely to capture more of the projected $5.4 trillion to be spent on healthcare by 2024.  
   
Competition: There are other Urgent Care Practices in the area. We believe the quality of medical services we provide are first rate and wait times are better than our competitors.  
   
Owner willing to finance: Financing will be considered for the right buyer.  
   
Owner willing to train: Seller is willing to train for a mutually agreed upon amount of time.  
   
Reason for selling: Owner has other business interest.  
 

 

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