Buy a Health Care Company

Health Care Businesses For Sale

If you would like to buy a healthcare company, please view our Health Care Companies for Sale below. We sell many different types of Health Care companies, including Medical Practices, Pharmaceutical companies, Mental Health Facilities, Home Health Care Companies, Health Care Products Manufacturers and Distributors, and more. If one of our healthcare businesses for sale is of interest, please fill out our electronic Non-Disclosure Agreement on the listing that you are interested in, and a Senior Broker will contact you.

cardiology
Growing Cardiology Practice with Property
$8,500,000
Annual Revenue: $5,500,000 Net Cash Flow: $1,760,000

Well-organized cardiology practice with two locations (one owned) offered for immediate sale.

Ownership’s deliberate and methodical investment in a customized EHR system has led to administrative efficiencies, which, in turn, allow for increased time between patient and physician, creating greater satisfaction for all.

Well-staffed and strategically located offices, state-of-the-art technology, and ownership’s commitment to prioritizing patient care have been rewarded with continued, steady growth. Year-over-year adjusted EBITDA has increased over the past two years by nearly 18%.

Price includes Real Estate – Business can be purchased with or without property. Asking price for practice only: $6,750,000

Multiple revenue streams and scaling opportunities, such as lucrative hospital referrals, professional reciprocity, and recruiting additional physicians, provide exciting growth paths.

Completing this outstanding offering is the inclusion of a corporate-owned property that houses one of the two fully equipped medical offices, a tenured office, and professional staff.

New York
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Sleep Disorder and Attention Deficit Disorder Medical Practice
$3,000,000
Annual Revenue: $2,860,267 Net Cash Flow: $2,100,000

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:

  • Sleep Medicine: Providing comprehensive diagnosis and treatment for sleep disorders such as sleep apnea, insomnia, and narcolepsy.
  • Attention Deficit: Conducting thorough evaluations and offering effective management strategies for attention deficit.
  • Clinical Research: Participating in cutting-edge clinical trials focused on sleep medicine advancements.

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.

Michigan
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Mental Health Care Company For Sale
$4,000,000
Annual Revenue: $2,288,000 Net Cash Flow: $650,496

A well-established company with multiple locations. The company provides critical mental care to outlying regions of two major metro areas. It seeks to offer customers who might not have the opportunity to receive necessary mental health care owing to a shortage of services in their area. Since its founding, the business has committed to helping families who are faced with the burden of supporting loved ones who have mental health difficulties.

The company is made up of a group of mental healthcare specialists who work to extend essential elements of the company’s program to outlying places. Teams of carefully selected specialists from the organization are eager to go to remote locations around and near the metro areas. They’re eager to do this because they are committed to bringing about meaningful social change.

The company’s services offer opportunities to advance the best possible mental health. Clients get the all-around support required to promote healthy emotional well-being thanks to a collaborative service style, highly qualified employees, and strong core principles.

In today’s society, when mental health is an issue both locally and globally, the company specializes in offering vital mental health care and aid to families in need, as it can be difficult for many families to help loved ones who have mental health issues. The company’s mission is carried out with dedication and consistency, serving both children and adults by offering services that provide normalcy to the lives of the clients it serves and by putting a special emphasis on key values such as tolerance, integrity, respect, love, and creativity. The company’s services emphasize clients’ specific strengths rather than their faults.

Harris County, Texas
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Occupational, Speech, and Physical Therapy Company
$2,500,000
Annual Revenue: $2,093,340 Net Cash Flow: $558,825

This thriving outpatient private practice specializing in Occupational and Physical Therapy services operates in New Jersey, providing high-quality care to individuals of all ages and conditions.

Key features and benefits:

  • Experienced team: A highly skilled team of therapists delivers personalized care for a wide range of needs, including orthopedic injuries, post-stroke rehabilitation, pain management, geriatric care, speech therapy, and pediatrics.
  • Convenient care: The company also offers the convenience of home-based therapy for adults and geriatrics, eliminating the need for patients to travel.
  • Diverse service offerings: Services include therapeutic exercises, cardiovascular endurance training, speech therapy services, and activities of daily living training, addressing various physical and functional needs.
  • Strong revenue stream: The company generates revenue through Medicare Part B and Medicare Advantage programs, as well as out-of-network payments from insurance companies.
  • Established market presence: The company has a solid market presence through effective marketing strategies, including a website, Google Business page, and strong referral networks.

Reason for sale:

The current owner is seeking to capitalize on the company’s value and transition into a new business venture.

Potential buyers will benefit from:

  • A well-established, profitable business with a strong reputation.
  • A team of experienced and dedicated therapists.
  • A growing market for outpatient therapy services.
  • Opportunities for further growth and expansion.
New Jersey
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Ophthalmology Practice in Michigan
$1,400,000
Annual Revenue: $1,574,000 Net Cash Flow: $496,000

Established, well-managed eye care practice operating for 20+ years with 10,000 active patients.

This practice serves area communities with a personalized approach and has great reviews as a result.

Many growth opportunities are available to a new owner since this practice is capable of expanding with satellite offices in neighboring communities.

Also, most patients come from word-of-mouth and referrals so marketing this practice will help grow it even more.

PLEASE NOTE: Only buyers with an Ophthalmology license will be considered.

10 devoted employees will stay on, and the real estate is leased. – Seller will stay for a reasonable transition period as well.

Kalamazoo County, Michigan
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Pediatric Practice with Positive Profit Margins – SBA Approved
$2,400,000
Annual Revenue: $2,493,619 Net Cash Flow: $539,443

This well-established pediatric medical practice is seeking a new owner. Founded more than 10 years ago, the practice has a strong reputation in the community and a loyal patient base. The current owner is selling due to personal reasons and a desire to focus on patient care.

The practice operates from a leased 6,000 sq. ft. facility.

Key strengths of the practice include:

  • Strong patient base: The practice has a steady stream of new patients, even without active advertising.
  • Established reputation: Well-known in the community and trusted by families from North to South Delaware.
  • Growth potential: Located in a growing area with a need for pediatric services.

Expansion opportunities include:

  • Nearby towns offer potential markets.
  • Accepting new patients could significantly increase revenue. The practice is currently closed to new patients

The practice is seeking a new owner who can continue its legacy of providing high-quality pediatric care and capitalize on the available growth opportunities.

North East
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Comprehensive Mental Health Care Clinic
$2,400,000
Annual Revenue: $2,251,230 Net Cash Flow: $545,630

This respected leader in mental health services, offers comprehensive care for all ages, with a wide range of specialists. The company is one of the largest private practices in Delaware and is expanding into Medicare with growth potential in its one location.

Serving all ages in the state of DE, the team of experienced professionals offers a multidisciplinary approach to care. They provide outpatient therapy to a growing patient base and accept both personal pay and insurance.

The business offers competitive pricing and markets its services effectively.

Facilities

They operate from two locations in Delaware where the demand for behavioral health treatment is high. They own one property and lease the second property.

Organization

The practice is well-managed with an office manager, ensuring smooth operations. There is a team of 5 staff members and 42 contractors. The practice offers both in-person and remote services.

The founders are seeking new ventures after building this successful behavioral health clinic.

Delaware
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Medical Clinic and MedSpa, Strong Client Base
$950,000
Annual Revenue: $907,932 Net Cash Flow: $278,613

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:

  1. Medical: people who have joint pain, nerve pain, or chronic wounds, but do not want to undergo surgery.
  2. MedSpa: people who want to improve their appearance; services include body contouring, skin tightening, weight loss, age spots, sun spots, and hair removal.

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.

Tampa Area, Florida
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Established Medical Practice With Strong Cash Flow
$950,000
Annual Revenue: $839,000 Net Cash Flow: $512,000

Very well-established and well managed primary care and preventive health care practice operating in the same location for 35 years with approximately 7,900 patient visits per year.

Located within a 5-mile radius of five large hospital system locations.

This practice serves area communities with a personalized approach and mostly serves adults between 18 and 70 years of age (no pediatrics or obstetrics).

Insurance payor distribution among patients: Medicare Part B (28.7%), Commercial Insurance (14.3%), BCBS (52.9%), HMO (2.7%), and Medicaid (1.0%).

Many growth opportunities exist since this practice only accepts new patients through referrals. Opening up satellite locations within 90 miles of the current location would help the practice grow quickly.

Six employees will stay on, and the building is leased. – Seller will stay on for a reasonable transition period as well.

Oakland County, Michigan
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Psychology Clinic With Diverse Service Offerings
$900,000
Annual Revenue: $1,800,097 Net Cash Flow: $210,446

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:

  • Large Volume and Waitlist: The company has a substantial patient base and a long waitlist, indicating strong demand for their services.
  • Multi-Specialty Approach: Their team includes prescribers, psychometricians, psychologists, and TMS specialists, providing a comprehensive approach to mental health care.
  • Established Partnerships: They have contracts with five school systems, the Division of Vocational Rehabilitation, and Hackensack-Meridian, solidifying their reputation and reach.
  • Training and Development: The company employs and trains students, investing in future talent and contributing to the mental health field.
  • Virtual Services: Their large virtual practice expands their accessibility and reach.
  • Experienced Staff: The support staff has an average of 10 years of experience, ensuring efficient operations and high-quality patient care.
  • Psychological Testing Niche: The clinic has a strong focus on psychological testing, including autism evaluations, serving a specific market need.

Growth Opportunities:

  • Increased Patient Volume: Hiring more therapists could significantly increase the number of patients seen.
  • TMS Restart: The company is in the process of restarting its TMS services, which could attract additional patients seeking this specialized treatment.
  • Virtual Psychotherapy: Expanding their virtual psychotherapy offerings could further enhance accessibility and reach.

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.

New Jersey
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Fast Growing Medical Practice and Wellness Center
$1,900,000
Annual Revenue: $1,049,344 Net Cash Flow: $432,988

Fast Growing Wellness Center/Medical Practice dealing with chronic wellness issues. This practice is often able to take care of acute requests such as prescribing an antibiotic. Not working with insurance companies and acting as a primary care provider for many patients, the advantage is all services are paid out of pocket. They have loyal clients.

Contact broker for details.

Saratoga County, New York
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Assisted Living Facility For Sale includes Real Estate
$1,300,000
Annual Revenue: $975,500 Net Cash Flow: $285,000

This 24-bed Assisted Living Facility with full occupancy has the potential for expansion to 31 beds. Recent rate adjustments are projected to boost revenue to $1.2 million by 2024. The property, including land and building, is included in the sale, and valued at $700,000.

Montana
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Mental Healthcare and Counseling Company
$500,000
Annual Revenue: $636,413 Net Cash Flow: $104,309

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.

Maryland
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Allergy and Asthma Practice For Sale
$1,100,000
Annual Revenue: $2,146,000 Net Cash Flow: $345,000

This Medical Practice is a full-service specialty clinic for the evaluation and treatment of allergies, asthma, and sinus/respiratory diseases.

The seller will stay on for a minimal 1-year transition and is open to remaining with the practice on a permanent basis, for the right purchaser.

Missouri
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Thriving Mental Health and Counseling Practice
$795,000
Annual Revenue: $2,724,678 Net Cash Flow: $259,020

This well-established mental health center in Baltimore has been serving the community for 40 years. It boasts a strong reputation, evidenced by referrals from multiple generations of families and collaborations with renowned institutions like Sheppard Pratt Hospital and Johns Hopkins.

The company has a solid brand and has identified potential for expansion into Western Baltimore County, Catonsville, Howard County, and Ellicott City. Additionally, its expertise in Dialectical Behavioral Therapy (DBT) presents an opportunity to train more clinicians and expand the service to other suitable diagnostic areas. Virtual treatment capabilities further open doors for potential expansion into different states. The organization’s strengths lie in its excellent location, skilled staff, deep community roots, and strong brand recognition.

The company offers a comprehensive range of services, including:

  • Individual and group psychotherapy (virtual and on-site)
  • Couples counseling
  • DBT program
  • Psychiatric medication management
  • Early Intervention Group for DUI clients

The client base is in and around Towson, MD, with a growing number of clients across the state. Various insurances are accepted while competitive rates are charged compared to other non-hospital-based facilities. Approximately 80% of revenue is generated from insurance reimbursements.

The organization utilizes Google and social media platforms for marketing purposes. While five practitioners work fully remotely, approximately one-third of client care is delivered through Telehealth. A staff complement of 26 is employed for all operations.

The current owner wishes to continue practicing psychotherapy remotely while traveling.

Baltimore County, Maryland
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Asthma, Allergy and Immunology Practice
$295,000
Annual Revenue: $590,000 Net Cash Flow: $250,000

Seacoast region medical practice focused on asthma, allergies, and immunology. They serve approximately 400 active patients throughout NH.  Treatment plans are ongoing with patients having weekly, monthly, and quarterly visits depending on their needs.

Patients are onboarded through referrals from PCPs, ENTs, GIs, existing patients, and hospitals.  In addition to the owner/physician, there is a nurse practitioner responsible for approximately 40% of the revenue who would stay with the practice after the sale.

They own and operate out of a condo office that is available for sale with the practice.

New Hampshire
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Mental Health Services Company – SBA Approved
$375,000
Annual Revenue: $445,946 Net Cash Flow: $97,023

This practice serves a diverse range of clients, with a focus on First Responders, offering customized support to meet their specific needs.

They have built a strong reputation, backed by a solid referral network and recognized name, attracting clients through various sources such as online searches and internal peer support teams within police departments. This organic growth has allowed them to thrive with minimal marketing efforts, ensuring their focus remains on delivering exceptional care. This company prides itself on the personalized onboarding experience it offers to each client. While this process may require significantly more of a time investment, it fosters a unique connection that ensures everyone feels valued and understood.

This company’s commitment to treating clients as people rather than numbers sets them apart, allowing them to build lasting relationships that enhance the overall effectiveness of their services. Their office staff creates a welcoming atmosphere, receiving numerous compliments for their exceptional handling of inquiries and client interactions. This positive experience not only facilitates successful onboarding but also encourages word-of-mouth referrals, further expanding their reach within the First Responder community and the community in general. By prioritizing personal connections and high-quality service, they continue to strengthen their practice and their connection with their community.

Maryland
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Generic Pharma Trading Proprietary Company
$196,407
Annual Revenue: $101,507 Net Cash Flow: $47,189

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

  • Extremely Low Overheads
  • Fixed Set of Supply Chain Intermediaries as Customers
    • Procurement Set in Place
    • Trademarks Ownership
    • Super Profit Margins
  • Wide Range of Medicines as Products

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.

  • There are 4 on-field sales personnel focused on business development through hospitals and clinics.
  • There is 1 administrative staff for office-based tasks.

Business Model

  • Buying pills from third-party contract manufacturers.
  • Markets it under its brand name and trademarked individual product names.
  • Sell at major pharmacies throughout the state along with sales on major e-pharmacists such as 1mg, and Apollo.

The company is modestly priced in comparison to the generic pharma trading multiples in India.

Chennai, India, Asia
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Established Allergy Therapy Practice
$500,000
Annual Revenue: $478,786 Net Cash Flow: $159,520

The company specializes in diagnosing and treating allergies and related conditions. Board-certified and highly trained staff assist in discovering the cause of patients’ reactions and tailor solutions to their unique needs and symptoms to provide effective therapy treatment and prevention.

Services include:

  • Allergy Treatment for Adults and Children
  • Asthma Treatment for Adults and Children
  • Food Allergy Treatment

The practice also offers telemedicine to ensure flexibility in hours and immediate service availability for patients who prefer virtual appointments.

Delaware
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Radiology Center For Sale – Has Accepted Offer
$900,000
Annual Revenue: $1,187,000 Net Cash Flow: $492,000

This business has an accepted offer. Please view our other Healthcare Companies for sale.

Established in the 1990s, the company is an independent outpatient radiology center offering various diagnostic services. The business owns all its medical equipment, including the only open MRI in the county.

Its primary source of new patients stems from physician referrals. The company’s strategic location benefits from a concentration of healthcare practitioners, resulting in a strong referral base.

Services: The company offers a wide range of diagnostic services, covering MRI, CT scans, ultrasound, fluoroscopy, X-ray, and teleradiology contracts. With a strong emphasis on outpatient care, it maintains top-notch medical equipment owned directly by the business, ensuring accurate and efficient diagnostic outcomes.

Team: Currently, the company has a small but dedicated team of four employees, three full-time and one part-time, including an office staff member. They ensure the smooth operation of the facility, supported by contracted professionals who provide additional assistance when required, particularly during peak vacation times.

Florida
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Medical Group Practice: Endocrinology – Has Accepted Offer
$1,000,000
Annual Revenue: $902,772 Net Cash Flow: $490,245

This business has an accepted offer. Please view our other Healthcare Companies for sale.

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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Specialized Ambulatory Surgery Center, 12-Month Waitlist, SBA Pre-Approved – Has Accepted Offer
$6,400,000
Annual Revenue: $2,721,449 Net Cash Flow: $2,033,022

This business has an accepted offer. Please view our other Healthcare Companies for sale.

The business is a decade-old reputable medical facility specializing in and offering advanced treatment techniques.

The practice maintains a consistent flow of patients and a pay-in-advance model. As of September 2023, the business is fully booked until September 2024. This ensures the business’s sustainability and viability. In the trailing twelve months (TTM) as of June 2023, the business generated revenues of $2.7 million, with seller discretionary earnings (SDE) amounting to $2 million.

The business, despite operating only four days a week with the owner (sole physician) performing two surgeries daily, has achieved financial success. As one of only a handful of specialized centers nationwide, it garners a wide patient base from across the United States, Canada, and abroad, with about 80% of its patients coming from out of town. The large influx of patients from various regions, significantly from across the US, emphasizes the underserved nature of the market, a point further underscored by the long wait list at the facility.

The practice has a vast referral network and a strong brand, with regular patient referrals from renowned medical institutions, including, other physician practices universities, and clinics.

Team: Owned and founded by a reputable practitioner who trained with worldwide experts and supported by a team of 5 employees with various responsibilities (medical technician, back-office resource, 2 front office resources, and an insurance manager).

Roswell, Georgia
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Internal Medicine Practice – In office and Telemedicine: Has Accepted Offer
$4,250,000
Annual Revenue: $1,475,000 Net Cash Flow: $1,070,000

This business has an accepted offer. Please view our other Healthcare Companies for sale.

Business Highlights: First time for sale – after more than 30 years the Physician is preparing to retire. A well-established Practice – General/Internal Medical in a prime location. The current active patient base is between 2,000 and 3,000 annually with approximately 85 daily visits. The office is open 4 days a week with about 50 in-facility and 35 Tele Med appointments during hours. The practice is at full capacity, turning away 20+ new patients weekly. The Doctor has not taken on new patients in the last 3 years. The Practice has diverse age demographics, serving 20% of clients ages 18-30, 45% between the ages of 30 – 65, and 35% who are 65+ years. MD is willing to stay for 2-3 years to facilitate an orderly transition.

Ownership Requirements: MD License in CT

Staff: The Owner – MD – Internal Medicine; and three (3) administrative staff.

Equipment/Inventory: Minimal (OFFICE FFE around $40,000) – Office build-out and recent renovations estimated at $100,000.

*** Financials estimated for 2024

Hartford, Connecticut
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Medical Transportation Company: Non-emergency – Has Accepted Offer
$1,500,000
Annual Revenue: $2,297,169 Net Cash Flow: $405,468

This business has an accepted offer. Please view our other Transportation Companies for sale

Non-Emergency Transportation for both local and Long Distance. They have been established for many years. The fleet is owned and well maintained. The owner has set this up for an easy transition with all systems and processes in place. The business also caters to long-distance medical transportation. The company is approved by the New York State Department of Health to provide medical transportation. An in-house mechanic maintains the fleet.

The company is a non-emergency medical transportation company that primarily transports individuals to and from their medical appointments. In addition, the company transports discharged individuals from hospitals and rehabilitation facilities to other counties throughout NYS.

Schenectady County, New York
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Medical Practice with High Profit Margins – Has Accepted Offer
$3,500,000
Annual Revenue: $3,318,000 Net Cash Flow: $2,507,000

This business has an accepted offer. Please view our other Healthcare Companies for sale.

Well-established primary and preventive health care practice serving 4,000 patients within a 50 mile radius.

This practice serves area communities with a personalized approach to family medicine for all stages of life, from infants to seniors. They offer comprehensive primary care services for the whole family, including preventative care and acute illness care.

Six employees will stay on, and the real estate is also available to purchase. The seller will stay for a reasonable transition period and is willing to stay on with an employment contract.

Shelby County, Illinois
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Accredited Group Adult Foster Care Business – Has Accepted Offer
$1,100,000
Annual Revenue: $1,240,294 Net Cash Flow: $360,000

This business has an accepted offer. Please view our other Healthcare Companies for sale

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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Pediatrics Practice With Growth Opportunities – Has Accepted Offer
$1,600,000
Annual Revenue: $1,537,000 Net Cash Flow: $728,000

This business has an accepted offer. Please view our other Healthcare Companies for sale.

Established and well managed pediatrics healthcare practice serving 4 counties with a personalized approach to general pediatric medicine.

Located in a well populated, growing area with no competition.

Extensive growth opportunities since patients all come from word-of-mouth referrals so implementing a website and marketing will help grow this practice even more.

8 employees will stay on. The 2,400 square feet of office space is leased and easily transferable to the new owner.

Seller will stay on for a reasonable amount of time to ensure a smooth transition.

Seneca County, Ohio
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Internal Medical Practice Established For Many Years – Has Accepted Offer
$2,450,000
Annual Revenue: $1,650,000 Net Cash Flow: $802,000

This business has an accepted offer. Please view our other Healthcare Companies for sale.

A Highly regarded, well-established Internal Medicine Practice for over 20 years. The practice will typically add 250 new patients per year. The medical staff includes one Doctor and two Nurse Practitioners. The retiring Physician will stay on for a 3-year transition period.

Madison County, Alabama
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Orthopedic Practice, Stable Cash Flow, Strong Referral Base – Has Accepted Offer
$1,750,000
Annual Revenue: $2,928,974 Net Cash Flow: $1,067,289

This business has an accepted offer. Please view our other Healthcare Companies for sale.

Established orthopedic practice company with multiple clinics in Central Florida, a strong brand, and contracts with most major insurance carriers.

In 2021, the Company generated revenue of $2.9M, and between 2019 and 2021 it maintained stable revenue close to the $3M level. The Company attracts customers through referrals and its strong brand name in the Central Florida market.

Team: Owned and founded by a reputable licensed surgeon, supported by a group of more than 20 employees with various responsibilities (including physicians, chiropractors, PA, therapy clerks, etc.). In addition, the company has finance, call center support, and admin functions.

Services and Clients: The company mostly serves adults, with some pediatric services. It primarily treats patients with fractures.

Main treatments include:

  • Sports Medicine
  • Fracture Treatment
  • Stem Cell Injections
  • Knee / Ankle / Shoulder Arthroscopy
  • Total Hip / Knee / Shoulder Replacement
  • Cortisone Shots
Orlando County, Florida
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Telehealth-weight-300x200-1
Telehealth Weight Loss Platform: 80% Growth, 50% Margin – Has Accepted Offer
$1,650,000
Annual Revenue: $1,009,000 Net Cash Flow: $550,000

This business has an accepted offer. Please view our other Healthcare Companies for sale.

Founded in 2022 by two emergency physicians, the company leverages telehealth technology to offer accessible weight loss solutions over the internet, eliminating geographical barriers for patients. The company connects patients with healthcare professionals
across Georgia and Texas, providing personalized weight loss solutions via virtual consultations. Patients benefit from direct communication with healthcare providers, access to educational resources on nutrition and lifestyle modifications, and regular check-ins to address concerns and celebrate milestones.

Its efficient, Physician Assistant driven operational model requires minimal oversight from the owners (1-2 hours per week), offering a turnkey operation with significant growth and scalability potential. The company’s evidence-based approach led to approximately 80% year-to-date revenue growth as of August 2024 compared to the same period in 2023 with over 50% EBITDA margins in its second year of business.

Clients: The company maintains a 106% net retention rate, indicating strong customer satisfaction. The company has served over 400 clients.

Customer Acquisition: The company primarily sources clients through patient referrals and partnerships with primary care physicians. Satisfied patients drive word-of-mouth growth, while physician partnerships provide a steady stream of referrals from trusted medical professionals. The company has grown without active marketing, presenting a significant opportunity to expand
through targeted digital marketing and collaborations with health influencers.

Reason for Selling: The owners are seeking to sell the business primarily due to time constraints. Both are full-time physicians with young families, making it difficult to focus on the company’s expansion despite its significant growth potential. They are looking for a buyer who can leverage the business’s existing success and capitalize on future opportunities.

Financials: The company reached run-rate revenues of $1M with over 50% EBITDA margins. With an expanding customer base and high net retention, it is projected to reach $1.8M revenues with approximately 50% margins by 2025.

Growth Outlook: This fully scalable business is positioned for further growth with multiple expansion opportunities including the following:

  • Targeted marketing initiatives: No active marketing has been done to date.
  • New service lines: Opportunities to add complementary services.
  • Geographic expansion: Potential to extend services beyond current states.

Market Overview: Rising obesity rates and increasing awareness of obesity-related health risks are driving demand for digital weight loss solutions. The global digital health for obesity market is projected to grow at a CAGR of 23% from 2024 to 2030* while the overall telehealth services market is also expanding rapidly, with a projected CAGR of 30% from 2024 to 2030**.

Georgia
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Health Care Mergers & Acquisitions

Healthcare M&A can take on many different forms. We have completed Health Care Mergers & Acquisitions where a larger healthcare company acquires a smaller one. The goals are often to bring on more expertise and a broader customer base, while increasing the overall net income of the combined firm. In other cases, an individual doctor, might be acquiring a medical practice.

In many of the transactions, we have assisted the buyer in arranging bank financing so that the seller can be paid at the closing with a minimum of seller financing. Some seller financing may be necessary to ensure that the seller stays on after the sale is completed for a transition.

Health Care Investor Acquisitions

Depending on the type of health care business being sold and licensing requirements, it may be possible to have the buyer be outside the specific industry of the seller. This would vary depending on whether it is a pharmaceutical company for sale, medical practice for sale, Health Care Manufacturer for sale, etc. Our goal is matching up the right qualified buyer with the right health care business and negotiating terms that work for both parties.

It’s best to take a collaborative approach to meet buyers’ and sellers’ goals. This makes for a better sales process and a better result for the business after the sale is completed. With help from the seller, the needs of patients and customers, and employees can be met as efficiently as possible. Most of our Sellers are in their 60s or 70s and are interested in retiring after providing a transition.

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Our Focus

Synergy Business Brokers sells health care businesses with an annual owner’s net income (including salary and benefits) of $250,000 to $15 Million. You can also view our healthcare businesses for sale based on the subsectors below:

After a potential buyer signs a non-disclosure agreement and provides some qualifying information, then we will provide more information about the business. If there is further interest, then typically, the next step would be to have an initial conversation with the broker handling the transaction and then possibly set up a phone call or meeting with the business owner to answer further questions.

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Selling a Health Care Company

If you own a health care business that you are considering selling, please fill out our Confidential Information Form or email us at info@synergybb.com for a confidential consultation. Or call us at (888)-778-1965. We have many potential buyers for Health Care companies, and we invest a lot of time and marketing dollars to match up the right buyer with the right business at terms that work for both parties. Contact us to discuss how we can help you with mergers and acquisitions in the healthcare industry.

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