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Chicago Area Virtual Medical Practice

Price: $1,500,000

Annual Revenue: $891,000

Net Cash Flow: $533,000

Industry: Health Care

Location: Lake County, Illinois

Well-established virtual medical practice for over 30 years with two physicians (including the owner). — Approximately 1,987 patients (mostly over 55 y.o.) who pay with Medicare.

Very low overhead and 8 (3rd party) nurses who answer phone calls.

2022 and 2023 will exceed 2021 revenue. — Further growth opportunities can easily be achieved by implementing a website, adding more physicians, and expanding beyond the Chicago area.

Listing Details

Reason For Sale:

The owner is retiring.

Training & Support:

The owner will stay on for an agreed amount of time to ensure a smooth transition.


Employees: 3



Very low competition.

Potential Growth:

Huge growth potential especially if advertising/marketing and a website are implemented.

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