Below are some of the businesses that Synergy Business Brokers has sold recently. We have experience selling companies in technology, manufacturing, construction, services, distribution, healthcare, engineering, transportation, and education.
We contacted a variety of potential buyers and received multiple bids, which allowed us to get the full asking price for this business opportunity. We had bids from software companies and private equity groups that were located in Canada, Europe, California, and the Washington DC area. The full price offer came from a Canadian software company that was motivated to move quickly and had financing in place. The business sold in a little over 6 months from start to finish. Contact us to sell a software company or view our IT & software companies for sale.
Large Facility with approximately 100 employees across four locations in Idaho. They provide residential substance abuse treatment programs, partial hospitalization treatment, and an intensive outpatient program. We had many potential buyers for this business. The buyer that purchased it was an investment group that was acquiring multiple companies in the rehab and addiction treatment sector. Please contact us if you would like to sell your addiction treatment business.
Business with both RNs and nonmedical home health aids. The owner was ready to retire and contact us because of our experience selling home care companies. We were able to gather a large number of potential buyers and obtain 3 different offers, including a full price offer that was negotiated. The deal was closed in less than 6 months from start to finish.
A business that provides Home Health Care Aids to hundreds of elderly clients. We were able to introduce multiple buyers to the seller and obtained several bids. We negotiated the best terms and assisted the buyer in securing financing for 90% of the purchase price with the seller providing funding for 10% of the price. The buyer has a Nursing Aid business and wanted to expand his services to provide home health aides. Contact a Business Broker with experience selling multiple home healthcare businesses.
This general practitioner had a successful practice built up over many years. He was ready to retire and contacted us to find the right buyer for him. We were able to get multiple potential buyers, and ultimately the business was sold to a public company specializing in data-driven healthcare. He was comfortable with how they would take care of his patients going forward and will stay on after the sale to help with a transition. The business was sold for the full asking price 7 months from the Doctor’s first call to us. He was kind enough to write a 5-star review on Google for his appreciation of our work. Contact us to sell your Medical Practice or view our healthcare businesses for sale.
Mental & Behavioral Health Facility that provides treatment for mental health as well as addiction treatment. They offer both outpatient and therapeutic in-residence treatment. Their large team of multidisciplinary counselors and administrative staff consists of professionals with credentials that include MD, LDSW, PhD, LPC, MS, LADC, CASAC, CADC, and therapy dogs. We had a number of potential buyers and offers on the business. The best offer came from a large mental health company that has purchased multiple businesses from us. The advantage of using Synergy is that we bring competition to these deals and can get more value for our sellers by leveraging multiple offers with our repeat buyers. The business sold for 4 to 5X Net Cash flow.
The owner wanted to find the right buyer and we had a lot of interest but most buyers were focused on the financials. One offered full price but wasn’t the seller’s ideal fit. It was important to the seller that she ‘feel a connection’ with the buyer. We found the perfect fit which was a couple from Georgia who are not practitioners but are passionate about the industry and the play-led methods employed, want to grow the business. The existing staff stays and the seller will consult and help grow the business. The Medicaid certification hurdle led to a decision to split the purchase structure for a smooth transition. This is what Medicaid calls a change in ownership and will approve 50% and less sale of a practice. There will be a 50% then 40% change in ownership and the seller retains 10% which the buyer can buy after a year.
This business provides outpatient and inpatient residential services and partial hospitalization treatment for anxiety, depression, borderline disorder, substance abuse, schizophrenia, and more. They have a large staff with a variety of skill sets to provide a number of different effective treatments. After speaking with a number of interested buyers, the best offer came from a business that we had worked with before. They are a large mental and behavioral organization that has acquired a number of businesses in the sector and was growing through acquisition.
The company provides non-emergency medical transportation for patients to get to and from their doctor appointments. The owner wanted to relocate out of state. We were able to find the right buyer and negotiate terms that worked for both parties. Contact us to sell your medical transportation business.
The seller was busy with a full-time job and didn’t have time to devote this business. We located a buyer that had time to invest in growing the company and was able to get an exclusive territory and ongoing clients.
We were able to sell the business in less than 3 months for the full asking price to a buyer with experience in the industry. The company offers services that include skilled nursing, physical therapy, occupational therapy, medication management, speech therapy, home health aides, nutritional care, wound care, diabetes management, IV infusions, and more. The buyer was able to obtain SBA financing with only 5% of the purchase price as a down payment. The home healthcare business for sale was located in the Abilene, TX area.
Practice with multiple doctors, and the owner was ready to retire. We located a couple of potential buyers. The seller chose the best offer and will stay on after the sale to help with a transition. The deal was closed in 6 months from the time the seller first contacted us.
This company was 2 Healthcare staffing franchises and 1 home health care franchise in MI being sold as a package. The staffing side was growing quickly with state contracts staffing prisons and jails across the state. With 90% of revenue coming from the state contracts, the first 2 offers contained earn outs based on the state contracts renewing in 3 years. The seller understandably wouldn’t take it. Our buyer made an offer of $4.2 Million which was 75% cash at the closing and 25% seller financing over 5 years and the seller accepted it. The buyer was a strategic buyer who owns a software company that serves the staffing industry so he plans on implementing his software in the franchise and may try to sell it to the franchisor to roll out across all other franchisees. The buyer borrowed from a specialty finance company which had its own pool of funds, more like a PE firm. They required a quality of earnings report and they even sent someone to visit the franchisor’s corporate office with the buyer. We were very fortunate to find this buyer because a franchise coupled with high customer concentration takes the right kind of buyer.
They provide Pain Management with various services, including physical therapy, chiropractic, injections, plasma, wave therapy, electrical stimulation, and more. Multiple doctors and nurse practitioners with various specialties are in the practice. We had numerous potential buyers and were able to sell the practice for the full asking price to an investment group of physicians.
A business with over 1,000 active clients, including all medical and dental specialties. We had several offers, including other collection agencies, a private equity firm, a large medical company that was acquiring multiple companies, and an attorney that owned a legal practice. The buyer who ultimately purchased the business was the attorney who wanted to add to his current law office capabilities.
This drug rehab practice provides evidence-based treatment for opioid addiction, combining psychiatry with Suboxone medical support to stabilize prescription drug/opiate addiction and facilitate recovery. All revenue is generated from private pay (no insurance) with consistently high gross margins, low overhead, and 6 physicians. We received a lot of interest. Our first strategic buyer was a large addiction treatment facility that was expanding through acquisition. However, the best offer came from an individual doctor with SBA lending.
Practice with multiple locations with psychiatrists, physician assistants, nurse practitioners, and licensed psychotherapists. We had a number of potential buyers, but it took some time to find a buyer who would pay what the seller was looking to sell for. The buyer was someone who had experience in the business and was confident they could grow the business to the next level. The business was sold for about 3.5X net cash flow.
Alternative Healthcare Company has several locations, one of which focuses on Bioidentical Hormone Replacement Therapy and GAINSWave therapy. They treat chronic illnesses like Lyme disease and Mold toxicity with effective alternative medical practices. We received several offers, and the one they selected allows them to receive significantly more than their asking price through profit-sharing payments in addition to their guaranteed payments.
The business does testing that includes MRI, CT-Scans, Bone Density, X-Rays, Ultrasound, and more. To meet the seller’s expectation on the price we needed to contact a large number of potential buyers. The buyer that made the best offer was from South America. The seller had concerns about going with an international buyer but we were able to make the deal work.
