Multi-Specialty Medical Practices for Sale

Looking to buy a multi-specialty medical practice or physician group?

At Synergy Business Brokers, we specialize in confidential sales of established healthcare practices, outpatient clinics, and multi-specialty groups with strong patient bases and recurring revenue. You can also view all of our medical practices for sale

Whether you’re an independent physician, strategic healthcare group, or private equity acquirer, we represent high-quality multi-specialty practices that hopefully match your goals. 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. 

multi specialty medical practice for sale
Neuro
Medical Practices with Neurotherapies And Sleep Treatments – Multiple Locations
$3,000,000
Annual Revenue: $1,829,978 Net Cash Flow: $872,879

This medical service provider, with a rich history spanning over four decades, stands as a leading healthcare entity in Metropolitan Washington D.C. It boasts a substantial patient base of over 80,000 registered individuals, with new patients continuously joining. The practice operates with remarkable efficiency, supported by a dedicated and cross-trained team of experienced professionals who ensure seamless operations and high-quality patient care, even during peak periods.

Comprising three strategically located and busy offices, some of which are physically attached to major hospitals in Washington D.C., Alexandria, VA, and Woodbridge, VA, the practice offers both in-person and telemedicine services. These locations provide ample space and significant growth opportunities for expansion and scalability, capable of being operated independently or collectively. The availability of such a well-established and thriving medical practice for sale is a rare occurrence. The current staff is well-trained and capable of remaining, and the selling physician is open to providing support for a smooth transition, making this a turnkey operation that includes all Furniture, Fixtures, and Equipment (FF&E).

Services and Patients

The practice is renowned for exceptional patient care and advanced treatment methodologies, offering individualized treatments for a wide array of medical conditions through various NeuroTherapeutic Modalities. Additionally, all three locations house sleep centers with a total of seven beds, providing comprehensive sleep studies.

Beyond direct patient care, the organization extends its expertise to medical education and quality management. It offers variable rotations and externships for international medical graduates and current medical students across ten specialties, available both virtually and in-person at all three locations. These programs provide high-quality, hands-on clinical experience, cultural immersion, and support services to aid participants in their pursuit of U.S. residency.

Furthermore, the practice includes a specialized entity dedicated to providing high-quality medical and consulting services in independent medical evaluation, utilization and quality assurance reviews, and impartial peer reviews for insurance companies, attorneys, and other corporate organizations. This service bridges the gap between treating physicians and corporate/legal clients, leveraging a large network of practicing physicians and a professional staff including nurses, vocational rehabilitation counselors, clinical neuropsychologists, and medical technologists to ensure fair and balanced evaluations and effective treatment monitoring.

Services offered include: Pharmacological Treatment, Botox Therapy for Migraines, ENG (electronystagmography), EEG (electroencephalogram) including 72-hour ambulatory EEG, EMG (electromyography), NCS (nerve conduction study), TM Flow System for Ankle Brachial Index and autonomic function, Sudoscan for peripheral neuropathy assessment, Cognitive Assessments, and in-office Sleep Studies for various sleep disorders.

Competitive Landscape

The practice maintains a robust and steady stream of new patient inquiries driven by a strong referral network. This network comprises physicians, insurance companies, hospitals, medical groups, word-of-mouth recommendations, and online platforms. Its strategic locations, particularly those attached to major hospitals, provide high visibility and a consistent influx of patients, contributing to a competitive advantage. The ability to offer both in-person and telemedicine services further enhances its accessibility and market reach. The rarity of a practice of this caliber entering the market positions it uniquely within the competitive landscape.

Key Investment Highlights

Expansion Potential: There is significant room for growth through scaling operations and adding new neurologists, nurse practitioners, and physician associates to expand service offerings.

High Patient Demand: The practice benefits from a substantial patient base of over 80,000, with a continuous influx of new patients, resulting in an approximate two-month waiting time for appointments.

Strong Insurance Contracts: Robust contracts with major commercial insurers contribute to a stable and enhanced revenue stream.

Established Referral Network: A diverse and strong referral network, including physicians, insurance companies, hospitals, medical groups, and online sources, ensures a steady flow of new patients.

Financial Stability & Growth: The high patient demand, evidenced by the two-month waiting period, underpins the practice’s financial stability and indicates excellent growth potential.

Experienced Leadership & Transition Plan: The current leadership is committed to a gradual retirement plan, ensuring a smooth transition and continuity of operations, with leadership staying as needed to support the new ownership.

Prime Location & Facility Ownership: The practice’s locations are owned (with options for long-term lease-back or separate purchase) and strategically situated on major hospital campuses within the Metropolitan Washington D.C. area, guaranteeing high visibility and a consistent patient influx.

Metro Area, Washington, DC
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multi-practice
Medical Practice – Primary Care & Urgent Care – Multiple Locations
$1,200,000
Annual Revenue: $2,400,000 Net Cash Flow: $400,000

Well-established medical practice operating across three thriving locations: two Primary Care clinics and one Urgent Care center. The practice is staffed by a dedicated team of eleven full-time and part-time practitioners and also provides care to a local nursing home. With a strong patient base and community presence, this is a turnkey opportunity for a buyer seeking growth or expansion.

The retiring seller is committed to ensuring a smooth transition and is available for up to six months post-sale.

Mississippi
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chiropractic
Rehabilitation and Chiropractic Practice: Multi-disciplinary
$975,000
Annual Revenue: $1,196,237 Net Cash Flow: $349,000

A multi-disciplinary rehabilitation and chiropractic practice operating for more than 28 years. The practice spans multiple locations, maintains an excellent reputation within the community, and benefits from well-established referral networks that consistently drive strong patient volume.

Service Lines

  • Rehabilitation Services
  • Immigration Medical Exams
  • Driver’s License Physicals and Exams

Staffing Overview (8 employees):
The practice employs a full-time Chiropractor, a Doctor of Osteopathic Medicine (D.O.), and a Medical Doctor (M.D.) as part of its clinical team, along with additional support staff. The owner, who is also a licensed Chiropractor, is not included in the employee count and works approximately 35 hours per week rotating between locations while overseeing administrative and operational functions.

Summary Investment Considerations:

  • Cash flow is strong.
  • Broad and diverse Rehabilitation services.
  • Well established and in business for over 20 years.
  • Fully staffed with multiple locations and equipment.
  • Excellent opportunities to grow the business with increased marketing.
  • Opportunity and capacity to expand sales.
  • Owners to assist for smooth transition
Pennsylvania
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Endocrinology-300x200-1
Medical Group Practice: Endocrinology
$550,000
Annual Revenue: $902,772 Net Cash Flow: $490,245

The company is a leading medical group practice conveniently located in 2 facilities and specializing in a comprehensive range of services to address hormonal imbalances, diabetes management, and metabolic disorders.

Committed to providing accessible care, they also offer telehealth appointments and enjoy strong contracts with all major commercial insurance companies, ensuring coverage for most patients as well as the ability to self-pay. The commitment to excellence has been recognized with recent fee schedule increases, further demonstrating the company’s value in the healthcare landscape.

With two thriving locations situated on major hospital campuses in Northern Virginia, the practice benefits from a strong referral base and a reputation for high-quality care. It offers specialized care for a wide array of endocrine disorders, including adrenal gland issues, calcium imbalances, diabetes management, female reproductive health concerns, hirsutism, osteoporosis, pituitary diseases, and thyroid conditions. The patient base is diverse, drawing individuals from DC, VA, MD, and across the country, demonstrating the trust they’ve established with both patients and insurers.

The owner’s desire for a gradual retirement while ensuring a smooth transition for patients is the primary motivation behind the sale. The owner plans to remain involved for 2-3 years alongside the experienced manager, who handles crucial aspects like contracting. The dedicated staff, with tenures ranging from 7 to 12 years, are committed to staying on and providing continuity for patients. Their ability to multitask and cross-cover ensures efficient operations in areas such as medication refills, billing, prior authorizations, and patient communication.

Currently operating near full capacity, the practice anticipates significant growth with the onboarding of additional endocrinologists (both adult and pediatric), physician assistants, and nutritionists to expand their services and meet the increasing demand for their specialized care.

This expansion will enable the company to accommodate more patients, reduce wait times, and further establish itself as a leading provider of endocrinology services in the region. The commitment to efficient care is evident in its minimal overheads and quick medication refill turnaround, typically within 24-48 hours. As they grow, the practice focus remains on providing accessible, high-quality endocrine care to patients in need.

Northern, Virginia
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Depositphotos_268361524_S-1-300x-1
Multimodality Radiology Center for sale – Sold
$2,200,000
Annual Revenue: $1,055,998 Net Cash Flow: $420,886

This business has been sold. Please view our other Healthcare Companies for sale. If you are interested in selling a medical diagnostic center or MRI facility in Florida or anywhere else, please contact us for a confidential consultation.

The company is a multimodality imaging center that provides a wide array of diagnostic services, including CT scans, MRI, Ultrasound, Digital X-Ray, Bone Density, and Digital Mammography. The business is located in a prime neighborhood, surrounded by many doctors’ offices and hospitals. There is also a significant diversification in a referral base from many sources. Known for its top-notch patient care, the center often sees highly successful individuals, including professional athletes and celebrities, who have many other choices for their imaging needs.

The company has generated over $1m in revenues in 2021 with a 40% SDE margin. It has grown from a single modality of imaging and no insurance contracts to over 100 contracts and 11,000 examinations each year.

Employees: The company has 11 employees, five full-time and six part-time. This includes 4 Office Staff, 1 MRI tech, 2 CT techs, 2 US techs, 1 X-ray-DEXA tech, 1 Mammography tech, and 1 Radiologist.

Miami, Florida
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GettyImages-1062347152
Medical Practice – Primary care & Preventative – Sold
$1,200,000
Annual Revenue: $995,000 Net Cash Flow: $500,000

This business has been sold. Please view our Medical Practices for sale and contact us if you would like to sell your medical practice.

Very well-established and well managed primary and preventive health care practice operating for 18+ years, with 4,500+ patient visits per year.

Located in a highly desirable Chicago suburb. The business has been SBA approved.

This practice serves area communities with a personalized approach and mostly serves adults between 18 and 70 years of age.

Many growth opportunities since this practice is only open 4 days/week with only 1 provider seeing patients.

A new owner can grow the practice quickly by simply adding 1 or 2 days/week and/or evening hours. – Also, all patients are from word-of-mouth and referrals so marketing this practice will help grow it even more.

Five employees will stay on and the real estate is leased. – Seller will stay on for a reasonable transition period.

Lake County, Illinois
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GettyImages-1401514824
Physical Therapy Practice – Sold
Annual Revenue: $957,073

This company has been sold. Please view our Healthcare Businesses for sale. This multi-discipline Practice has been serving the Westchester County client base for over 10 years. This office has established itself as the premier one stop Rehab Therapy office in the area. Primary source of clients is referral based. The company does no advertising at the present time to promote or attract business.

Office is currently open 40 +/- hours per week due to lifestyle preference by current owner.

Office is fully staffed with Receptionists, Licensed Therapy Providers and the Owner who is a MD. Total staff consists of 8 people.

Facility consists of 2,500 SQFT +/-; Cost for build out and equipment is estimated over $125,000. Facility is well equipped with Physical Therapy equipment necessary for treatment of patients. Equipment is in good working order with a market value of $20,000 included in the sale.

Space is leased – New favorable 10 year lease is available to the new owner – Renewal is due later this year.

Reason for Sale: Seller Retirement – Owner is willing to stay on for a smooth transition.

FINANCING: TBD DOWN and some owner financing based on buyers qualifications. 

Contact us to help you sell your healthcare business in New York.

Westchester County, New York
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Selling Your Multi Specialty Medical Practice

If you would like to sell your multi-specialty medical practice or physician group, we offer a confidential consultation. There is no fee for our services until your practice is sold, and we provide a confidential sales process.

Synergy Business Brokers has years of experience. Call today at (888)-750-5950 or fill out our contact form. We sell practices around the country.

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