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This is an established, profitable practice located in a high demand market for concierge medicine. The practice is currently in network with payers, so it collects reimbursements from Medicare and... Businesses Franchises Brokers Loading... Concierge Primary Care Practice Corrales, NM (Sandoval County) Previous Next Asking Price:Not Disclosed Cash Flow (SDE):$545,000 EBITDA:Not Disclosed Gross Revenue:$1,261,742 Real Estate:Not Disclosed Established:1999 Concierge Primary Care Practice Business Description Located in village of Corrales, NM This is an established, profitable practice located in a high demand market for concierge medicine. The practice is currently in network with payers, so it collects reimbursements from Medicare and commercial insurance in addition to the recurring membership revenue. The practices uses Athena EHR and member billing management at no cost through a strategic partnership. Corrales is consistently rated as one of the best areas to live in New Mexico. The village offers a peaceful rural/suburban setting with a highly active local scene including art galleries, wineries, restaurants, and fresh produce markets while conveniently situated within a 20 min drive to downtown Albuquerque and an hour to Santa Fe. Ad#:2518723 Detailed Information Employees: 3 Full-time Facilities: Beautifully renovated, unique 2300 square ft clinic set on 3 acres. The clinic is very spacious for one physician and has easily accommodated two physicians in the past. The facility includes a large inviting waiting room, two triage rooms, four exam rooms, a locked pharmacy room, a large manager's office, a conference room for staff meetings, two restrooms, and additional smaller rooms for storage.The building is available for lease.IT equipment and essential medical equipment are available for purchase. Growth & Expansion: The practice receives frequent new patient requests, so very strong opportunity to grow membership. Financing: Seller financing available Support & Training: Robust support and training available for the buyer Reason for Selling: Established physician of 25+ years retiring Business Website: https://www.cfpnm.com/ Business Location Location: Corrales, NM Real Estate: Owned Building SF: 2,300 3841 Corrales Rd3841 Corrales Rd, Corrales, NM 87048, USA Maps ←Move left→Move right↑Move up↓Move down+Zoom in-Zoom outHomeJump left by 75%EndJump right by 75%Page UpJump up by 75%Page DownJump down by 75%Keyboard shortcutsMap DataMap data ©2026 GoogleMap data ©2026 Google10 km Click to toggle between metric and imperial unitsTermsReport a map error Demographic Information for Corrales Area Household Income Population Age Population Trend Population by Race/Ethnicity BizBuySell EDGE Real Estate Insights Monthly Lease Rate per SF Sale Price per SF BizBuySell EDGE Metro Area Scores Walk Score Transit Score BizBuySell EDGE Financial Benchmarks for New Mexico Other Health Care and Fitness Businesses Gross Revenue Benchmarks Cash Flow (SDE) Benchmarks EBITDA Benchmarks BizBuySell EDGE Listing Statistics Saved This Listing Listing Last Updated Appeared in Search Listing Detail Views BizBuySell EDGE Know the True Market Value Before You Make an Offer Get valuation data to negotiate with confidence. Get a Valuation Report Business Listed By: Katy Ganguli Phone Number 312-813-9682 Voice only (no SMS) Ad#:2518723 The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Read BizBuySell's Terms of Use before responding to any ad. Learn how to avoid scams. Contact Form Full Name* Enter a valid Full Name Phone Number Enter Phone Number Email Address* Enter Email Address Optional Message Yes, send me the Buyer Newsletter for popular businesses, tips, & email promotions. Optional: Check if you want to use IRA/401k funds ($75K+) to buy a biz - Guidant will call Send Message By clicking the button, you agree to BizBuySell’s Terms of Use and Privacy Notice Business Listed By: Katy Ganguli Phone Number 312-813-9682 Your request has been sent. What Happens Next? is reviewing your details. A representative will reach out soon to discuss your options. Expect a response in 1-2 business days. Report an issue with this listing Similar Listings Other Health Care and Fitness Businesses for Sale All Businesses for Sale in Sandoval County All Businesses for Sale in Corrales, NM Turnkey Chiropractic Clinic in Albuquerque NM NM Asking: N/A Senior Housing Advisory Business – Referral-Based, Home-Based Model Albuquerque, NM Asking: $169,000 Highly Rated Gym & Fitness Center– Turnkey Opportunity Albuquerque, NM Asking: $349,900 StretchMed Franchise Opportunity Cash Required: $50,000 ©2026 CoStar Group Send Message Listing Shared via Email a6301374279843840.cdn.optimizely.com a6301374279843840.cdn.optimizely.com is blocked This page has been blocked by an extension Try disabling your extensions. 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Why we like it
- Earnings quality is excellent for a solo practice, with $545K cash flow on $1.26M revenue for a 43 percent margin. The hybrid model layers recurring membership dues on top of Medicare and commercial insurance reimbursements, giving two independent revenue streams rather than a single cash-only pipeline.
- The moat is patient stickiness and switching cost. Concierge patients pay a premium for direct access to their physician and rarely leave once the relationship is established, and the in-network status widens the addressable base beyond cash-pay-only concierge competitors.
- Healthcare demand is structurally recession-resistant and Corrales is an affluent, growing market where residents can and will pay for premium primary care. The listing notes frequent new patient inquiries, signaling demand exceeds current supply.
- The operational plumbing is already built and cheap to run. Athena EHR plus member billing management provided free through a strategic partnership means a buyer inherits a low-overhead back office rather than having to build one, and the clinic was previously sized for two physicians.
How to improve it
- Recruit a second physician or advanced practice provider to absorb the frequent new patient requests the practice already receives. The clinic has physically accommodated two physicians before, so incremental capacity requires labor, not capex, and could materially lift both membership and reimbursement revenue.
- Raise or restructure membership pricing and audit the current fee tiers. Concierge patients are price-insensitive relative to the value of direct physician access, and even a modest annual dues increase drops almost entirely to the bottom line given the fixed cost base.
- Build a systematic patient referral and local marketing engine rather than relying on inbound word of mouth. Given demand already outstrips supply, formalizing referral incentives and targeting affluent Albuquerque commuters could fill new provider capacity quickly.
- Add ancillary recurring services such as chronic care management, wellness programs, labs, or telehealth follow-ups. These raise revenue per member, deepen the relationship, and further insulate the practice from any single revenue source.
- Reduce physician dependency by documenting protocols and building a mid-level provider layer before the seller fully exits. This de-risks the single-doctor concentration and makes the practice more transferable and more valuable at your own eventual exit.
- Negotiate the building lease terms carefully or explore an option to purchase the 3-acre property. Locking in favorable long-term occupancy protects the practice from a landlord who is also the exiting seller and preserves the option to control the asset later.
Diligence notes
- Quantify the revenue split between recurring membership dues and insurance reimbursements. The durability and multiple of this business hinge on how much of the $1.26M is contractual recurring membership versus fee-for-service claims that could compress with reimbursement changes.
- Assess single-physician concentration risk directly. The entire practice runs on one retiring doctor, so understand how many patients follow the physician personally versus the brand, and model attrition if a new provider steps in during transition.
- Verify the $545K cash flow add-backs and confirm what the new physician's market-rate compensation would be. If the owner's clinical labor is not fully expensed in the SDE, the true operating profit to a buyer who hires a replacement doctor is lower than the headline number.
- Review the Athena EHR and free member billing management partnership terms. Confirm this arrangement transfers to a new owner and is not personal to the seller, because losing no-cost billing would add real overhead and dent the margin.
- Confirm the building lease terms, rate, and length before closing. Since the seller owns the property and is offering it for lease rather than sale, the rent structure directly affects go-forward cash flow and must be pinned down in writing.
Source
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