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Seeking an experienced Board-Certified Family Medicine, Internal Medicine, Osteopathic physician to purchase and run an established, profitable practice located in a high demand market for concierge... Businesses Franchises Brokers Loading... Unique New Mexico Concierge Primary Care Practice 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 Unique New Mexico Concierge Primary Care Practice Business Description Located in the Village of Corrales, New Mexico Seeking an experienced Board-Certified Family Medicine, Internal Medicine, Osteopathic physician to purchase and run an established, profitable practice located in a high demand market for concierge medicine. • The practice is currently in network with payers, so it collects reimbursement from Medicare and commercial insurance in addition to the recurring membership revenue. • The practice uses Athena EHR and member billing management through a strategic partnership. • Corrales was rated as one of the best areas to live in America on one of the national morning TV shows. 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 10-minute drive to downtown Albuquerque and an hour to Santa Fe. Ad#:2518723 Detailed Information Employees: 3 Full-time Presently, 4-day workweek Facilities: Beautifully renovated, unique 2900 square ft, one story on 1 acre of land. This clinic is very spacious for one physician and has easily accommodated two physicians in the past. The building is for lease. All IT equipment, furniture, and medical equipment are included in the purchase price.The facility includes:• large inviting waiting room• two triage rooms• four exam rooms• locked pharmacy room• large physician or manager office• conference room for staff meetings• two restrooms• additional rooms for staff or storage• Attractive landscaped grounds surrounding pueblo style clinic building with covered outdoor patio for optional patient seating and backyard open space for staff to enjoy. Growth & Expansion: The practice receives frequent new patient requests, so there is a very strong opportunity to continue growing membership. Financing: Seller financing available Support & Training: Robust support and training available without charge for the buyer Reason for Selling: Established physician of 40+ years retiring Business Location Real Estate: Owned Building SF: 2,900 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. 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Family Medicine Practice + Real Estate | 40+ Years Albuquerque, NM Asking: N/A Success on the Spectrum Franchise Opportunity In NM Cash Required: $100,000 ©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 strong for a solo practice: $545K cash flow on $1.26M revenue is a healthy 43% margin, and the concierge membership component adds recurring, prepaid revenue on top of insurance reimbursement. That dual-stream model smooths cash flow and reduces reliance on any single payer.
- The moat is the concierge membership base plus the location. Concierge patients pay for continuity and access, so switching costs and personal loyalty to the practice are high, and Corrales is an affluent, TV-featured suburb where the model is defensible against low-cost commodity primary care.
- Healthcare and primary care are about as recession-resistant as it gets. People do not stop managing chronic conditions or seeing their doctor in a downturn, and the membership model means a base of revenue is committed regardless of the economy.
- There is a clear operator advantage: the practice reports frequent inbound new patient requests it is not fully serving, and the facility historically supported two physicians. A buyer with capacity to add a second provider or expand membership can grow revenue without meaningful capex or new real estate.
How to improve it
- Add a second physician or a nurse practitioner to capture the reported backlog of inbound new patient requests. The facility already accommodated two physicians, so this is incremental revenue against a largely fixed cost base of rent and support staff.
- Raise or tier the concierge membership pricing. In an affluent market, test premium tiers (extended access, wellness packages, telehealth add-ons) to lift recurring revenue per member without acquiring a single new patient.
- Systematize a waitlist and referral engine. Given demand already exceeds capacity, capture every inbound request into a tracked pipeline so you can convert immediately when new provider hours open up.
- Optimize the payer mix and coding. Since the practice bills Medicare and commercial insurance alongside membership, a coding and reimbursement audit in the first 90 days can recover leakage and improve collections without adding patients.
- Extend beyond the four-day workweek selectively. Adding limited hours or a fifth day for high-value services can increase throughput and membership capacity while the market clearly supports more demand.
- Layer in ancillary cash-pay services. Concierge patients in an affluent market respond well to add-ons like hormone therapy, IV hydration, aesthetics, or advanced diagnostics, all high-margin and not dependent on insurance reimbursement.
- Lock in the lease terms early. Because the building is leased rather than owned, negotiate a long-term lease with renewal options during diligence to protect the location advantage that underpins the concierge model.
Diligence notes
- Verify the split between recurring membership revenue and insurance reimbursement. The durability of this business hinges on the membership base, so confirm the number of active members, retention/churn, monthly recurring revenue, and how much of the $1.26M is subscription versus fee-for-service.
- Quantify physician dependence and patient portability. This is a solo practice tied to a 40+ year physician retiring, so understand what percentage of patients will follow a new doctor and whether membership loyalty is to the practice or the individual.
- Confirm the licensing and credentialing path for the buyer. The seller requires a Board-Certified FM, IM, or DO physician, so map the timeline to New Mexico licensure, payer credentialing, and membership continuity to avoid a revenue gap during transition.
- Review the building lease in detail. The facility is leased, not owned and included, so confirm remaining term, rent, renewal options, and landlord relationship, since losing this specific Corrales location would damage the concierge value proposition.
- Pressure-test the $545K cash flow add-backs. Solo medical practice SDE often includes owner physician compensation, so separate the true business profit from what represents a working physician's salary a buyer must replace.
Source
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