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Multi-Location Niche Medical Practice in Greater Boston – No PhD Required

Multi-Location Niche Medical Practice in Greater Boston – No PhD Required
Listing
1791
Plymouth County, MA
Revenue
$8,066,000
Cash Flow
EBITDA: $1,018,000
Asking Price
Accepting Offers
Business Description

A unique opportunity to acquire an established niche medical practice with multiple locations serving Greater Boston!

The Buyer does NOT need to be a medical doctor but practice management experience is recommended. The retiring owner/physician works about 28 hours/week including overseeing operations. Enjoying frequent vacations, the owner/physician regularly reallocates a small remaining patient base to other clinicians. Willing to stay for a transition period as needed, a replacement hire is not needed.

The practices have management and administration in place, multiple sources of revenue and are scalable, with room for growth in the current footprints of the leased offices. The practices use a bookkeeper and have CPA-prepared financials, as well as track certain key performance indicators (KPIs) on a monthly basis.
The current marketing effort is simple though underutilized; social media accounts are not actively maintained, presenting a growth opportunity. The leases have adequate extensions and assignability clauses, plus strong landlord relationships are in place.

Growth Expansion and Opportunities

Several growth opportunities exist, including but not limited to:
• Drive new patient growth in the current practice footprint through a coordinated marketing effort
• Open additional practice locations in complementary locations
• Leverage growth to negotiate higher reimbursement rates

Support & Training

The seller will provide training and support to ensure a smooth transition

Reason Selling
Retirement
Broker

Molly Hanson, CFP

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  • Multi-Location Niche Medical Practice in Greater Boston – No PhD Required

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