Industry: Health Care

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Alternative Healthcare Wellness Center for Sale – Sold
$5,400,000
Annual Revenue: $2,200,000 Net Cash Flow: $950,000

This business has been sold. Please view our Wellness Centers for sale and other Healthcare Companies for sale. If you are interested in selling your wellness center, please contact us for a confidential consultation.

Intrinsic services combine a sought-after and unique Business Model in Health Care.

Geographic Considerations. Wellness Center is based in Northern Virginia and services the entire Northern Virginia area extending to PA to the north.

This company provides alternative medicine and focuses on Bioidentical Hormone Replacement Therapy as the leading modality for the brand. Its Wellness Center has just added GAINSWave therapy. This company offers extensive peptide therapy for numerous medical conditions. Its Wellness center goes deeper into chronic illness modalities like Lyme disease and Mold toxicity. The revenue could be significantly increased in this entity by expanding the respective practice to incorporate the modalities that are only currently offered.

Great business model. This company generates significant revenue from automated recurring/installment-based treatment programs. This company uses similarly priced initial visits and incorporates services into treatment plans that patients pay for through recurring installments. This makes revenue more predictable and increases loyalty to the practice. This is a premium brand in their respective market.

EHR and Practice Management Software. This company uses medical fusion EHR and  Practice Management.

Consistent ideology & leadership. This practice has heavily utilized consulting services from the CEO of medical fusion, entrepreneur, and consultant intimately familiar with the cash-based medical economic models.

Fairfax County, Virginia
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Behavioral and Mental Health Treatment Facility – Sold
$5,200,000
Annual Revenue: $4,550,000 Net Cash Flow: $1,121,160

The company has been sold. Please view our other mental healthcare businesses for sale and contact us if you would like to sell your mental or behavioral healthcare business.

Accredited by CARF and licensed by the CT Department of Health to provide day and evening treatment for mental health and substance abuse and intensive outpatient services for mental health and substance abuse which include individual psychotherapy and medication management services. This facility also provides a value-added service of life coaching and furnished apartments to patients in its Extended Treatment Program (ETP) and as an option to patients in its day and evening day treatment programs. The ETP program has a capacity of 50. The facility has been approved to open a 6-bed residential therapy program. This will then allow an expansion of ETP capacity to about 55 to 60. IN-NETWORK PROVIDER WITH SEVERAL INSURANCE COMPANIES

Growth/Expansion Opportunity: This facility has received approval of its CON (certificate of need) application for a 6-bed residential therapy program. Upon opening the program at a CAPX cost of about $200,000 revenue is projected to approach $8 million with an additional net income of about $900,000. The facility has been selected and is approved for expansion. At present all facilities are leased.

CT State Approval: CT State CON; Change of Ownership (CHOW) and Licensing approval process identified and can be completed in 11 months – By Qualified Buyer 

Employees: Fully staffed (~35) and operated on an absentee basis by current owners. 

Reason for Sale: Retirement

Transition: The owner will provide a smooth transition. Key staff in place will remain post-sale for a new owner.

Financing: Bank Financing is available

Fairfield County, Connecticut
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Healthcare Staffing Business with Long Term Contracts – Sold
$5,600,000
Annual Revenue: $17,655,145 Net Cash Flow: $1,414,178

This business has been sold. Please view our other healthcare staffing companies and our other  Healthcare Companies for sale. If you are considering selling a healthcare staffing company we offer a confidential consultation.

On track for 50% growth this year

This top-performing franchise provides full-service medical staffing as well as home health care throughout the state of Michigan. They have several long-term state contracts that will continue to provide the opportunity that has enabled the tremendous growth that this company has achieved. They grew over 100% from 2021 to 2022 and are tracking at over 50% growth in 2023. On the staffing side, they provide 24×7 support through their highly skilled staff, including physicians, nurses, mental health and forensics professionals, and home care workers. They work in various settings, including hospitals, assisted living and long-term care facilities, and state and local correctional facilities. With multi-year contracts in place, this business is poised to continue growing at a very impressive rate. They are accredited by The Joint Commission.

Michigan
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Mental Health Facility – Sold
$4,400,000
Annual Revenue: $2,329,000 Net Cash Flow: $711,000

This business has been sold. Please view our Healthcare Businesses for sale. The company facilitates a positive impact in the lives of the people they serve by providing in-community psychotherapeutic services.

Providing Intensive In-Community Counseling, Nurturing Parenting Facilitators, Behavioral Assistants, Mentoring, Biopsychosocial Assessments, Clinical Supervision, Training Workshops. They cover a wide range of therapeutic needs in the following areas, but not limited to:

  • Trauma
  • Immigration
  • Adjustment
  • Substance Abuse
  • Anxiety
  • Depression
  • Self/Other injurious Behaviors
  • Psychosis
  • LGBTQ+
  • Autism/Developmental Disabilities Spectrum
  • ​​​​We also offer Behavioral Assistant, Mentoring and Parenting Coach Services.
  • ​Medically Fragile
  • Bereavement/Loss
  • Complex Family Dynamics
  • Attention Deficit Disorder (All Types)
  • Oppositional Defiant and other Disruptive Disorders
  • Adoption
  • Parenting Training
  • Independent skills
  • Vocational mentoring
  • We also offer Behavioral Assistant, Mentoring, and Parenting Coach Services.

This company is 2 years old with an excellent referral base in place.
2021 will be 6 m in revenue based on the owner’s referral process and partnership with hospitals and community health care organizations.

Contact us to help you sell your mental healthcare business in New Jersey or anywhere else in the US.

Bergen County, New Jersey
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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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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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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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