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Health & Personal Care

Established Internal Medicine Practice – Northwest Suburbs

Algonquin, IL, USA
Updated 190 days ago

Established Internal Medicine Practice – Northwest Suburbs For Sale: Established Internal Medicine Practice – Northwest Suburbs of Chicago Exceptional opportunity to acquire thriving internal medicine practice with deep roots in the local community and significant growth potential. This well-known and respected practice consistently generates average annual collections of $1.4 million, supported by a robust base of 5,000 active patient charts. The 3,800 sq. ft. state-of-the-art facility features: Strategically positioned for expansion, this practice could evolve into a 10–20 provider group within five years. There is also potential to develop a hospitalist division serving six nearby hospitals, unlocking substantial additional revenue streams. A dedicated and experienced team of providers and staff is committed to staying on with the new owner, ensuring continuity and operational excellence. Adding additional providers would further accelerate growth.

Location

Algonquin, IL (McHenry County)

Real Estate

Lease

Premises Details

FFE included

Years Established

7 Years

Support & Training

A dedicated and experienced team of providers and staff is committed to staying on with the new owner, ensuring continuity and operational excellence. Adding additional providers would further accelerate growth.

Expansion Potential

Strategically positioned for expansion, this practice could evolve into a 10–20 provider group within five years. There is also potential to develop a hospitalist division serving six nearby hospitals, unlocking substantial additional revenue streams.

Size In Square Feet

3,800

Competition / Market

Strategically positioned for expansion, this practice could evolve into a 10–20 provider group within five years. There is also potential to develop a hospitalist division serving six nearby hospitals, unlocking substantial additional revenue streams.

Reason for Selling

Retirement

Financials

Asking Price
$1.4M
RevenueMost Recent Year
Undisclosed
EarningsLast Reported
Undisclosed
Assets Value
Undisclosed
Seller Financing
Not available

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