Specialized Private Medical Practice for Sale

N2169 Specialized Private Medical Practice

Asking Price:	$1,100,000
Gross Revenue:	$1,836,479

Cash Flow:	$301,373

Listing ID: 2275334Listing provided by BizBuySell

BUSINESS DESCRIPTION

This specialized private medical practice is available for sale. As a subspecialty neurology and audiology practice it provides diagnoses and treatments to patients. New patients come from referrals from a variety of healthcare providers as well as current patients. Additionally, the practice uses a 3rd party service for digital marketing to gain new patients. Currently, demand for their services outpaces fulfillment.

The practice has two strategic locations. Both are in large urban areas with aging populations. It’s important to note that while they assist patients of all ages, it is mainly older people who seek out their services. According to urban.org, “The number of Americans ages 65 and older will more than double over the next 40 years, reaching 80 million in 2040.” As a result, the demand for services will only increase.

Licensed and trained professionals work at the locations. In combination with the physician running the practice, the staff contributes to the practice’s excellent reputation. Patient reviews praise them for their friendliness and helpfulness. Patients also appreciate that their appointments are always on time. Additionally, the reviews praise the practice for discovering the causes of their symptoms as well as finding ways to treat them.

This specialized private medical practice is a great acquisition for a doctor, an ENT practice, neurology group, or a hospital buying group. It’s a great add-on acquisition to expand an existing practice. If you would like more information about this practice, please contact us today.

Investment Considerations:
• Excellent Reputation
• Scalable Business Model
• Established Patient Book of Business
• Experienced Staff in Place
• Two Locations
• Highly Sought After Services
• Attracts Patients from More Than 100 Miles Away
• Demand Greater than Ability to Fulfill
• Increasing Demand Driven by Aging Population

ATTACHED DOCUMENTS

N2169 Profile Specialized Private Medical Practice.pdf Download

DETAILED INFORMATION

Inventory

Not Included in asking price

Employees

Facilities

The practice leases two facilities. The first location is approximately 2,884 SF with monthly rent of $6,312. The lease expires May 31, 2025. There is a reception/waiting area, restroom, 10 treatment rooms, and an employee kitchen. The second location is approximately 2,493 SF with monthly rent of $3,076. The lease is currently month-to-month. There is a reception/waiting area, restrooms, 11 treatment rooms, and an employee kitchen. There is ample lot parking at both locations.

Competition

This business is part of the specialty provider industry. Industry revenues are expected to increase annually by 3.2% over the next five years. This is in line with the ever aging population who make up the bulk of its client base.

Growth & Expansion

There are ample opportunities for a new owner to grow the business. These include: • Hiring More Staff • Adding Additional Locations • Expanding Telehealth

Support & Training

The Seller is willing to train and transition the new owner for a mutually agreed upon time immediately following closing.

Reason for Selling

Retirement

Report an Issue with this listing