District of Columbia Businesses for Sale

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.

This staffing company was originally founded in the 1970s and acquired by the current owner in the 2010s. It currently serves the Private Sector, Non-Profits, and Non-Government Organizations in the Washington, DC Metro area, including Maryland and Virginia^. The company’s primary service offering is Temporary staffing, supplemented by Temp-to-Perm and Permanent placements.

Services Offered

The company’s revenue is heavily weighted toward temporary staffing, which offers a robust gross margin.

• Service Mix by Revenue Percentage:
  • Temporary Staffing: 91% of sales
  • Temporary to Permanent / Permanent: 9% of sales
• Highest Margin Products:
  • Temporary Staffing – 35% Gross Margin
  • Permanent Placement – 100% Gross Margin

Operations & Facilities

• Employees: The company utilizes a mix of salaried, hourly, and bonus/commission-based compensation across roles.
• Employee Benefits: Comprehensive benefits include Vacation, Sick Leave, Medical, Dental, and others.
• Facility Details: The office occupies 2,200 total square feet with a lease that runs until December 2028 with exit options.

Growth Opportunities

Identified expansion opportunities include leveraging existing expertise and entering new markets.

• Specific Expansion Opportunities: Conference Staffing, Accounting / Financial Services, and Information Technology.
• Additional Target Markets: Federal Government via Sub-Contractors and Law Firms.

Reason for Sale

The current owner is planning for retirement.

Transition & Support

The sole owner is involved day-to-day in operations. Specific details on the transition plan will be discussed to ensure a smooth handover of operations and customer relationships.

This business has been sold. Please view our other Construction Companies for sale.

Founded more than 50 years ago, the company is a privately owned commercial rigging, hauling, storage, and crane services business in the Washington, D.C., Metro area. It has performed projects for high-profile general contractors, government agencies, museums, and Fortune 1000 clients who trust it with complex projects.

The company has built a strong reputation with repeat customers in the industry and region, such as Turner Construction, GE Medical, and various government agencies. The company is poised for acquisition with a $2.4M backlog and many high-potential bids in the marketplace. Key employees are willing to accommodate a transition period or employment contracts.

Employees: The company has 17 employees, including the President, and has a union-based workforce, which is key to accessing the client base.

Location: Washington DC Metro, 12-Month Lease, expiring July 9, 2025, $39,000 monthly.

• Triple Net: Annual Real Estate Taxes $55,000. /Annual Insurance $8,000. / Annual Utilities $23,000;  (6) Month Extension Option at the same monthly lease amount.
• 40,000 sq. ft. warehouse / 5,000 sq. ft. office space / Total yard space 4 acres

Business Highlights:

• The business has a strong team with an excellent regional reputation.
• Machinery and equipment have been valued at over $900K.
• Profitable, with excellent cash flow and ability to expand services and regions.
• Word-of-mouth referrals keep the business busy without advertising.
• Easily expandable services in a high-growth region with access to high-profile customers.