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