Industry: Health Care

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Adult Foster Care Services Business – Sold
$4,200,000
Annual Revenue: $6,000,000 Net Cash Flow: $850,000

The company has been sold. Please view our senior care businesses for sale. If you are interested in selling an Adult Foster Care business in Massachusetts or anywhere in the US, please contact us. We have prospective buyers interested in purchasing additional AFC companies. 

This medical staffing services business has grown rapidly by providing exceptional care to clients in eastern Massachusetts for over ten years. They are licensed for Adult Foster Care (AFC), Group Adult Foster Care (GAFC), and have the Money Follows the Person (MFP) Waiver. The majority of their revenue comes from AFC, which are typically long-term care engagements. AFC has seen tremendous growth during Covid. They serve about 250 clients through their network of independent contractors and have an additional staff of 20, including 5 office staff. New case referrals come through nursing homes, hospitals, and word of mouth. Tremendous growth opportunities exist within each service offering.

Norfolk County, Massachusetts
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Accredited Group Adult Foster Care Business – Sold
$2,800,000
Annual Revenue: $3,706,001 Net Cash Flow: $639,490

This business has been sold. Please view our other senior care businesses for sale. If you are interested in selling your adult foster care business in Massachusetts or anywhere else, please contact us for a confidential consultation. 

This CARF-accredited Group Adult Foster Care (GAFC) business serves patients in their homes with a full suite of personal care, home support, and companionship services that help enable them to retain their independence and remain in their homes.

Caregivers have a daily schedule designed to meet the individual needs of each patient.  They serve over 200 patients through over 125 W2 caregivers.  The staff includes RNs, LPNs, and Certified Direct Care Aids and Case Managers.

The majority of patients are in Worcester County with a few in eastern and western MA.  Payments come through Mass Health, CCA, Fallon, United and Tufts.

Patient referrals come from existing happy customers, hospitals, insurance companies, and case managers.  The company achieved CARF accreditation in Oct. 2023 which is good for 3 years and will transfer with the sale.

Worcester County, Massachusetts
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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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Opioid Rehab Practice – Sold
$2,000,000
Annual Revenue: $1,150,000 Net Cash Flow: $501,000

This business has been sold. Please view our other Healthcare Companies for sale. Contact us if you are interested in selling an addiction treatment center in Ohio or anywhere else in the world.

Well-established private drug/opioid rehab practice that provides evidenced-based treatment, combining psychiatry with Suboxone medical support, to stabilize prescription drug/opiate addiction and facilitate recovery.

This turnkey practice has an excellent reputation as one of the Midwest’s most qualified practitioners of opioid-related treatments and addiction recoveries.

All revenue is generated from private pay (no insurance) with consistently high gross margins and low overhead. 6 hand-picked, dedicated physicians with service agreements will stay on with the new owner. The current owner only works about 8 hours/week. — Considerable room for growth as well.

Cincinnati Area, Ohio
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Group Adult Foster Care Business – Sold
$1,100,000
Annual Revenue: $1,240,294 Net Cash Flow: $360,000

This business has been sold. Please view our other Senior Care Companies for sale and contact us if you would like to sell your adult foster care business

This CARF accredited Group Adult Foster Care (GAFC) business serves people (referred to as members by MassHealth) in their homes with a full suite of personal care, home support, and companionship services that help enable them to retain their independence and remain in their homes.

DCAs (Direct Care Aids) have a daily schedule designed to meet the individual needs of each member. They serve over 80 members through their staff of over 40 W2 DCAs. The majority of members are in Middlesex, Worcester and Norfolk Counties.

Payments come through Mass Health, CCA, Fallon, United and Tufts. Member referrals come from existing members, case managers and the Department of Health. The company achieved CARF accreditation in October 2023 which is good for 3 years and will transfer with the sale.

Essex County, Massachusetts
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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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Medical Clinic Offers Tremendous Opportunity in Pain Management/Rehab Space – Sold
$1,800,000
Annual Revenue: $1,741,000 Net Cash Flow: $725,000

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.

Alabama
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Mental Health Counseling & Psychiatric Practice – Sold
$1,500,000
Annual Revenue: $1,500,000 Net Cash Flow: $375,000

This business has been sold. Please view our other Mental Healthcare businesses for sale.  If you are interested in selling your mental healthcare practice, please let us know.

This business provides mental and behavioral healthcare counseling as well as psychiatric care.  They help clients alleviate acute and chronic psychological distress. They have multiple offices with psychiatrists, physician assistants, nurse practitioners, and licensed psychotherapists. Most insurances are accepted: Blue Cross Blue Shield, Carefirst, Medicare, Medicaid, Aetna, Tricare, Workers comp, and United Healthcare.

Treatment is provided for Anxiety, Depression, Substance Abuse, Bipolar and more.

Prince Georges County, Maryland
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Sleep Disorder Medical Practice for sale – Sold
$1,800,000
Annual Revenue: $1,910,000 Net Cash Flow: $835,870

This business has been sold. Please view our other Healthcare Companies for sale and our sleep disorder practices for sale.

This sleep disorder practice has been in business for many years. The practice typically treats 35-40 patients per day. They offer services in the patient’s home and also in-house services that utilize their bed labs for inpatient sleep studies.  They provide treatment for a wide variety of services, including insomnia, restless leg syndrome, insomnia, sleep apnea, and more. The business-owned real estate is also for sale for an additional $1.4MM

Louisiana
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