Marketplace for Urgent Care Walk In Clinics

TECH-6097: A Spacious, State-of-the-Art, High-end, Urgent Care Facility Located in Central CT
Now at Sharply Reduced Price, Seller Financing and 5 months of Rent

The Seller of this business has just reduced the price of this to $375,000 from $625,000. In addition, the seller will offer financing of $200,000  for 1 year (amortized over three years) and five months’ rent ($40,000). So in essence, the buyer gets this gorgeous facility with only $175,000 down!.

The Seller needs to close books on this This is a just one-year old  center with modern amenities and a great location – next to the #1 grocery store in the town. The center is built to handle a blended care model – of urgent care and primary care as almost half of the patients do not have a primary care physician.

A qualified physician may be available to serve as a medical director.

This is a beautiful, upscale center, which is turnkey and being offered at the asset price. The Center can also lease out some space to a complementary practice. There is an interested physical therapy practice that may want to move in at $2,000 per month rent, and bring in 15-25 patients per day, many of whom can also become this urgent care center’s patient.  The investors for the project have pulled out, forcing the owners to sell this center. With the reduced salary of the doctor and the possible rent of physical therapy / complementary practice, the break-even point is expected to be in high teens to about 20 patients per day.

Opportunity Highlights

  • 4,700 sq feet of spacious space next to a large grocery store
  • 600 ft Physical Therapy space (A third party national Physical Therapy firm was interested in renting, which will bring $2,000 / month revenue plus 15-25 PT patients per day)
  • High end “Concierge VIP look” throughout
  • 6 exam rooms- fully loaded
  • New Digital X-ray
  • Latest in vitals machines and standard Urgent Care equipment
  • 2 marquee signs
  • 20,000 cars per day
  • Interest from an Audiology Group for renting some space

Market Highlights

  • 110,000 people in a 5 mile area
  • No other urgent cares in 3 mile radius (only 2 others in town)
  • 100’s of potential OCC Med Clients (currently 40 signed)
  • Good family income, $90,000+
  • High level of education
  • 25% of household with children

Financials

  • Assets:  $625K
  • Asking Price: $625K (at Asset Value). Now only $375K (also seller financing  available – $175K down and $200K financing for 1 year (amortized over three years) at 5% interest and $40,000 rent relief to cover 5 months of rent

 


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