Steadily Growing 15-Year Podiatric Practice in Ohio

Ohio
doctor
Cash Flow:$400,000
Established Year:2008
Gross Revenue:$800,000
BUSINESS DESCRIPTION

The Company, specializing in the diagnosis and treatment of podiatric foot and ankle care, serves their Northeast Ohio community with sincerity, compassion, and understanding. Through a combination of excellent, up-to-date podiatric skills, hard work, effective targeted marketing, highly efficient and well-run operations, and especially strong word-of-mouth endorsements, the practice has experienced steady year-over-year growth.

- The Company serves a large and loyal patient base that is fortified through word of mouth referrals, and leverages a partnership with a local hospital that facilitates a substantial revenue stream.
- The Company is located in a leased, modern office building, with ~1,800 square feet that has the potential to expand and accommodate ongoing growth.
- The current Owner is relocating out of the area for family reasons and is committed to providing a reasonable transition period with another physician to carry forth the success of the patients and the practice.
- Patient volume is consistent throughout the year and there is not any seasonality.

Growth opportunities include increasing the square footage of the office, adding another Doctor of Podiatry, developing hospital and nursing home partnerships, and exploring social media advertising opportunities.

Certain principals of Raincatcher are registered representatives offering securities and investment banking services through Britehorn Securities, a registered broker-dealer (member FINRA/SIPC). Britehorn Securities and Raincatcher are not affiliated entities.

To learn more, please register at https://raincatcher.com/buyer-registration and view our listings on https://raincatcher.com/business-listings/


DETAILED INFORMATION
Location
Ohio
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,800
Employees
4
Facilities
1800 square foot modern office building with potential to expand
Growth & Expansion
Growth opportunities include increasing the square footage of the office, adding another Doctor of Podiatry, developing hospital and nursing home partnerships, and exploring social media advertising opportunities.
Support & Training
Owner is committed to providing a reasonable transition period with an associate physician to carry forth the success of the patients and the practice. New Owner will need up to date podiatric and patient care skills, marketing and personnel management skills, and business and financial organization.
Reason for Selling
Owner relocation following a transition period of 1-2 years.
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Steve
Fisher
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Steve Fisher