Midwest Endocrinology Practice - 3 Locations
Not Disclosed, IN Not Disclosed
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- RE: Midwest Endocrinology Practice - 3 Locations
- Contact: Lionel Cohen
Quick Facts
| Asking Price: | $7,000,000 | |
| Annual Revenue: | $5,080,828 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $1,422,579 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2015 | |
| Employees: | 36 | |
| BBN Listing #: | 993778 | |
| Broker Reference #: | 3953-575662 |
Business Overview:
Midwest Endocrinology Practice - 3 Locations - $5.08mm Rev (2024)
Medical practice with three locations owned and operated by a physician Board Certified in Endocrinology, Diabetes and Metabolism who serves as the Chief Medical Officer (“CMO”). CMO has successfully built a thriving medical practice with a mission to help patients start a journey to a healthier life. The goal of the practice is to help patients experience relief from serious health conditions by providing them with solutions and treatment options that allow them to increase their quality of life. CMO is ready to retire and allow the next owner(s) to continue to serve the community’s wellness needs and grow the practice. The Company has run efficiently on a platform of one physician and highly respected and qualified Nurse Managers and Practitioners who will be staying after the transition. The Company offers a wide range of medical and wellness services in Endocrinology and comes with built-in growth opportunities in the Medical Spa service areas. The company has grown nearly 46% over the last three years to $5.08 million in Revenue in 2024 generating $1.4mm (28%) Adjusted EBITDA. Adjusted EBITDA % well out paces the industry average of 14%.
Company has been operating since 2015 and has expanded to three locations. Has had continued patient satisfaction and revenue driven by the CMO and a well-trained staff.
This Medical Practice is positioned for continued growth on its own or combined with another medical practice. The company also has built-in opportunities for growth in Wellness and Medical Spa services. >>
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Reason for Selling:
retirement. Kindly ask the seller for more information.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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