RAPIDLY EXPANDING HEALTHCARE OPERATION WITH 10 LOCATIONS and HIGH PROFITABILITY AND MAJOR POTENTIAL TO EXPAND ON A NATIONAL LEVEL
(HEALTHCARE, PODIATRY)
MARYLAND
Listed Price: $ 13,000,000
Listing ID: CMD1111210
Listing DetailsGross Revenue: $ 3,723,392
Cash Flow: $ 2,200,000
EBIT: $ 634,758
EBITA: $ 672,078
FFE: $ 210,065 (Included in Price)
Real Estate: $ 392,392 (Included in Price)
Form of Ownership: S Corp
Terms and Conditions: NEGOTIABLE
Reason for Sale:
SELLER WANTS A PARTNER TO PURCHASE 75% OF COMPANY IN ORDER TO EXPAND NATIONALLY. SELLER WILL KEEP 25% AND STAY AND MANAGE THE BUSINESS.
The COMPANY IS VALUED AT $11, 000,000.. 75% EQUALS $ 825, 000,000. ($8.25M FOR 75%)
Training & Support:
COMPLETE TRAINING AND SUPPORT. MANAGING DR. WILL BE RESPONSIBLE AND WLL CONTINUE TO RUN THE COMPANY.
Listing SummaryBusiness Description:
The company offers a large spectrum of medical services that centers around the proven practice of podiatry.
After 39 since the opening of the first clinic, they have been able to increasingly beat expectations with customers and maintain long and friendly relationship with many of them.
The company operates multiple clinics spread across the eastern US.
Each clinic has been strategically picked in order to be able to maximize the number of patients served, while still being very profitable.
The doctors that work there are handpicked by senior management over a number of years and have grown with company.
In terms of the model, the doctors are able to share the benefits of the expanding operations of the business by opting in a revenue share structure, while the business gets to keep fixed and unnecessary costs low at the same time.
The company prides itself in the royal treatment it gives patients, and that’s one reason that the patients keep coming back.
They treat anything from mild to critical medical conditions through the treatment of the one individual body part where all major neurons connect, the FOOT!
This is something very few have learned to master nationally and practically nobody can compete in their current and neighboring markets, which leaves tremendous room for growth.
Now, the owner is looking for a partner to take this proven model nationally.
By opening up more clinics, expanding on the successful operation, getting more trained doctors, and inducing new energy into the company, this really has the potential to dominate the US healthcare market one step at a time! company provides healthcare services to recurringly visiting patients on one of its multiple locations.
It specializes in a specific treatment that has proven to be both very effective and also very profitable on a long-term recurring basis.
Historical Summary:
The company started almost 39 years ago with the single vision of becoming the absolute best in taking care of the foot.
Back then the timeless medical practice of podiatry was only seen in
Oriental Medicine and other alternative treatments.
However, as the Medical Association in the US extensively studied the benefits of this tremendously successful approach to treating chronic diseases and enhancing your well-being, the market for it ultimately grew.
After the initial opening was successful and the business kept growing as a first mover in their respective area, the little competition that had stirred up quickly faded away.
Yet, the demand kept growing. With more people subscribing to this unique approach, the company begun experience tremendous success.
Now, with many operational clinics, specialized and sophisticated medical personnel, and a great system in place, it’s fair to say the company is on its way to dominating the national healthcare space.
The only question is: are you the right partner to watch, enjoy, and experience the exponential growth over the next short years to follow?
Owner Qualifications:
MEDICAL UNDERSTANDING AND ABILITY TO INVEST IN THIS PROPERTY.
Competition:
LIMITED
Potential Growth:
UNLIMITED
Financing/Terms:
NEGOTIABLE
LocationMonthly Rent: $ 21,786
Square Footage: 1850
Type of Location: Stand Alone
OperationYear Established: 1981
Days & Hours of Operation: M-F 8-4
Owner Hours: 40
Employees: 4
Managers: 4
Absentee Owner: No