Medical Practice Specializing in Drug/Opioid Rehab

Not Disclosed, OH
Cuyahoga County

Asking Price: Annual Revenue:
$1,100,000 $879,230

Services: Medical, Dental

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RE: Medical Practice Specializing in Drug/Opioid Rehab Broker: John Meyers

Quick Facts

Asking Price: $1,100,000
Annual Revenue: $879,230
Net Profit: Not Disclosed
Cash Flow: $654,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 3
BBN Listing #: 317226891
Broker Reference #: Not Disclosed

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Business Overview:

Well-established medical practice specializing in drug/opioid recovery (80% of revenue). – The other 20% of revenue is from their pediatric services (the practice’s former focus).

For their drug rehab patients, they provide an evidenced-based treatment with Suboxone along with medical support to stabilize their addiction and facilitate recovery.

The practice staff includes 1 doctor (the seller) and 2 administrative/billing assistants. – Roughly 2,500 patients total.

This turnkey practice has become very popular for opioid-related treatments and addiction recoveries in the area; however, the owner is ready to retire.

This 40+-year-old practice accepts almost all insurances. - 80% of revenue is from Ohio Medicaid HMO, 15% from commercial insurance, and 5% from cash payments.

This practice can be easily expanded by implementing social media advertising and a website.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

1,500 square foot office leased in a well-known medical building.

Market Competition and Expansion:

There is a large potential for growth if the new owner advertises and adds a website.

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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