$385K EBITDA Family Medicine / Primary Care Practice in Knoxville

Listing Overview Asking Price: ~$740,775 (reflecting a 2.0× adjusted EBITDA multiple) Location: Knoxville TN metro area Practice Type: Family Medicine / Primary Care Clinic (group practice model) Provider / Ownership: sole member Lease: Leased facility (no real estate included) Sale Reason: Owner exit / personal Business Highlights & Key Strengths - Solid Historical Cash Flow — Recent years show stable revenue and cash generation, despite some volatility during COVID years. - Clean Adjusted EBITDA — Expense add-backs have been applied to reflect the sustainable earnings potential. - Established Location & Brand — Over a decade in the community, with good local name recognition and patient base. - All Major Insurances & Medicare / Medicaid — The practice is Medicare enrolled and participates with multiple payors (verify with buyer). - Low Overhead Structure — Leased premises reduce capital burden; operational workflows already established. - Turnkey Opportunity — Minimal capital investment needed at closing; the buyer can take over clinical operations and maintain continuity. - Growth Upside — Additional physician / NP staffing, extended hours, outreach, ancillary services could increase scale. - Seller Support / Transition — Willingness to assist with transition / handover (by arrangement) to preserve patient continuity. Financial Snapshot (Recent Year / Adj. EBITDA Basis) Gross Cash Inflows (2024) ~$489,259 Adjusted Add-Backs / Discretionary Expenses ~$103,621 Net Operating Income / Adjusted EBITDA ~$385,638 Applied Multiple (2.0×) $771,276 Debt / Liability Offset – ~$30,500 (negotiable; see due diligence) Motivated Seller Price ~$740,775 Note: Figures are net of adjustments for owner draws, non-recurring expenses, depreciation, etc. Detailed schedules will be provided to qualified buyers under NDA. What’s Included in the Sale - Patient base and goodwill - Assigned provider numbers (NPI, Medicare certification) - Fully equipped exam rooms, furniture, medical equipment - Office systems: EHR, scheduling, billing / accounts receivable records - Transition support and collaboration during takeover - Vendor contracts, supplier relationships, payor contracts (where assignable) Buyer Profile / Ideal Fit - Established physician, NP, PA or practice group seeking to expand in the Knoxville area - Buyer comfortable with VA/Medicare/Medicaid workflows, insurance contracting - Someone interested in maintaining continuity of care and local reputation - Buyer with capacity to invest modestly in growth (staffing, marketing) Next Steps & Contact - Qualified buyers may request a confidentiality agreement (NDA) to receive: - Full financial statements (2020–2024) - Adjusted EBITDA schedules and backup documentation - Lease agreement, equipment lists, vendor contracts - Patient volume metrics, payer mixes, utilization data Please contact Will Morris at redacted for initial inquiries. Serious buyers only, please.