Are you interested in buying a neurology practice? All of our clients want to maintain the confidentiality of the sale of their medical practice. We provide an overview of each practice below. To get the specific details, please fill out our online NDA on the business that you are interested in. On the online NDA, we also request that you provide some information on your background and financial qualifications so that we make sure that you are qualified to purchase a specific medical practice.
For over three decades, the company has been at the forefront of providing specialized care for individuals struggling with sleep disorders and attention deficit disorders. The clinic, located in the Detroit Michigan Area, is dedicated to offering the highest quality of care, backed by years of experience and expertise in the field of clinical neurophysiology.
Key Distinctions: As a longstanding sleep medicine practice in the area, the company has established a strong reputation and a loyal patient base. This longevity speaks to the clinic’s commitment to providing quality care over many years. Additionally, the clinic’s accreditation by the American Academy of Sleep Medicine further validates its adherence to high standards of practice.
Competitive Advantages: One of the company’s competitive advantages is its comprehensive range of services. Beyond sleep medicine, the clinic also offers attention deficit treatment and clinical research. This breadth of services allows the clinic to cater to a wider range of patient needs. Furthermore, the company enjoys a robust referral network from local physicians, contributing to a steady stream of new patients. This network reinforces the clinic’s reputation as a trusted provider of sleep medicine services.
Services and Clients: The company offers a range of specialized services, including:
The clinic primarily serves adults aged 18 to 80. Most of its clientele, approximately 90%, seek treatment for sleep disorders. The remaining 10% of patients are diagnosed with attention deficit disorders. The clinic caters to a local patient base within a 20-mile radius of its location.
Reason for Selling: The owner plans to retire.
The company is a well-established multi-specialty mental health practice with nearly 40 years of experience and has grown to become a leading mental health practice in the region.
It offers comprehensive clinical services, including psychotherapy, psychological and neuropsychological testing, biofeedback, psychiatric prescribing, and transcranial magnetic stimulation (TMS).
Key Strengths and Differentiators:
Growth Opportunities:
Reason for Sale:
The primary reason for the sale is the owner’s retirement. The company has a partner who will be joining soon and an experienced operations manager in place, ensuring a smooth transition.
Established Natural Medical Clinic and Med-Spa business offering a diverse array of cosmetic services and all-natural regenerative options for pain relief in the Tampa area, Florida.
With over 6,000 client visits in 2023, the company boasts a robust client base. The 2023 revenue was $907k (a 62% YoY growth compared to 2021 revenue of $ 523,350), and the company achieved a Compound Annual Growth Rate (CAGR) of 40% between 2020-2023. The business caters to both cash-based and insurance claim clients. A significant 95% of revenue is cash-based, with the remaining 5% covered by insurance.
The business effectively leverages social media and a strong brand presence in the Florida market to attract customers. The primary source of new patient acquisition is through targeted social media campaigns. The company strategically runs ads on platforms such as Facebook, Instagram, Google, and Groupon.
It holds the Florida Annual Resale Certificate, and the Medicare Durable Medical Equipment certification is pending approval.
Services & Client Demographics:
The clinic offers an extensive range of services, including joint pain treatments, Neuropathy, Shockwave and Soft wave treatments, Wound care, Weight loss programs, and Liposuction.
The initial consultation and treatment plans are handled by the Nurse Practitioner (NP) and office manager. The Clinic also has a Medical Supervisor who does not take an active role in treatments but rather supervises the process. Approximately 75% of clients reside within a 20-minute drive of the business. The target clientele consists of:
Team:
Two owners are supported by a team of eight (8) dedicated professionals responsible for smooth operations:
Medical Supervisor – Indirect role.
Nurse Practitioner – Full time.
Office Manager/Case Manager – Full time.
Receptionist – Full time.
Esthetician – Full-time.
Medical Biller – Virtual, Part time.
Marketing – Virtual, Full-time.
Marketing scheduler – Virtual, Full time.
This company owns 22 trademarked medicine brand names that are used in treating several diabetic, cardiac (including percutaneous coronary intervention (PCI) and coronary artery bypass grafting (CABG), hypertension, narcolepsy, Parkinson’s, dyslipidemia, schizophrenia, depression, mania, all neuropathy and neuro-related disorders.
Value Drivers
Reason for Sale
The primary owner wishes to retire early and invest the sales proceeds for passive income mainly due to their health condition that needs more relaxation.
Team
The team consists of the owner as the CEO.
Business Model
The company is modestly priced in comparison to the generic pharma trading multiples in India.
The company offers diversified, accessible, and personalized mental healthcare services including counseling onsite or at home. It facilitates evidence-based health behavior change for communities, organizations, and individuals.
The company offers a range of outpatient therapies and psychiatric services for children, adolescents, and adults that include Psychotherapy, Medication Management, Psychological and Neuropsychological Evaluations, Veteran Services including PTSD, Play Therapy, Group Therapy, Telemental Health, and Counseling.
This business has been sold. Please view our other Medical Practices for sale. Contact us if you are interested in selling your medical practice.
A medical clinic with three-year exponential growth employs an M.D. double board-certified in neurology and interventional pain management, a chiropractic physician, and a team of rehab technicians. The practice has grown over 250% over the past three years with 2021 revenue of $1.74 million and further immediate revenue opportunities exist by increasing pain management services. All providers stay with the practice; the owner is not the medical physician and does not treat patients. Seller relocating, thus the sale.
If you are looking for a way to sell your business, look no further. Synergy Business Brokers has the tools and experience to give you the best chance of finding a buyer. We make the process as painless as possible while still working with you to understand the market for your neurology practice.
The first order of business is learning about what makes your company unique. We provide all qualified inquiries with a free confidential consolation with one of our brokers. Our brokers have the experience to know what our buyer pool will be looking for in a successful neurology practice. Synergy deals with companies ranging from $1,000,000 to $50 Million in annual revenue. When pricing a successful neurology practice like yours, we have to look at the last three years’ tax returns and anything you might have applying to the current year. Some intangibles go into our valuations, like the number of practitioners working at the clinic, equipment, and real estate, and your involvement in the day-to-day operations as the owner. To better understand what your neurology practice is worth, check out our Health Care Companies for Sale page.
We can help you sell your neurology company regardless of your subspecialty. Synergy helps
When listing your neurology clinic with Synergy, it’s important to maintain an open mind. Our buyers are from all over and come in many different shapes and sizes. You might attract private equity firms, wealthy business owners, or existing neurologist clinics looking to expand. Being flexible to these options will give you a better chance at selling the company for a desired price. Our main goal is to get you as many offers as possible so that you can negotiate with your prospects.
Synergy Business Brokers’ top priority is maintaining confidentiality when marketing your company. Our system prevents your neurology company from getting doxed by competitors, employees, or anyone who may come in between you and the sale. When generating our ads, we ensure you sign off on every public piece of information. Our brokers only hand over sensitive information like your financials or CIM (confidential information memorandum) once a prospect has been screened and signed a nondisclosure agreement.
Our primary systems for marketing your business are search engine optimization and our extensive email list. Over two decades of selling companies like yours, we have compiled a prospect catalog of over 35,000 emails. This, plus our ads on websites like Google and Bing, give us a better chance at finding you the right buyer than our competitors.
To discuss how we can help sell your neurology business, please fill out the contact form on this page or call (888)-861-5346, and we can put you in touch with an experienced Business Broker. We have Brokers in MA, NY, CT, PA, TX, LA, IL, FL, LA, and NJ and sell Neurology businesses throughout the US.
