Medical Practice Specializing In Drug/Opioid Rehab
Not Disclosed, OH Cuyahoga County
Seller's Contact Information
- RE: Medical Practice Specializing In Drug/Opioid Rehab
- Contact: 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 |
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.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
Here are some of the similar listings you can choose from
Asking Price: $100,000Well Established Mental Health Counseling Office
This counseling practice has an extensive client list along with a strong history with all major insurance panels and local employee assistance programs. Located just outside the Greenville area of the Upstate, this practice has been serving the local communities for thirteen years. The practice receives several calls a day regarding new prospective clients and is experiencing an average of 16 new clients a month.
Asking Price: $499,000Medical Weight Loss and MedSpa w/ real estate!
Attn NP’s, PA’s, Doctor’s and non-medical individuals that want to work for themselves! High profit opportunity, fully turnkey in newly remodeled clinic, all new equipment, fully furnished - why lease when you can own! Business is up and running-buy today, start working tomorrow. Close before 12/31/23 for $20,000 off listing price. 2 weeks free training. ROI potential of 2x asking price in first year! Contact us today for more information!
Asking Price: $180,000Licensed Home Care Agency Medicaid Philadelphia PA
Homecare License is of a great value as it takes over a year (sometimes a few years) and $$$ in legal documents preparation, staffing, space, accounting, Policies and Procedures Manual approvals. Agency had also undergone State Department of Health licensing process and was issued Medicaid provider number.
Asking Price: $295Small Animal Veterinary Practice
This is a small 1 Doctor practice on a very busy highway. The practice is well equipped. This practice is a great alternative to doing a start-up.
Asking Price: $150,000Durable Medical Equipment License with Medicare
Unique Brand New License with Medicare Number!VERY DIFFICULT AND LENGTHY TO OBTAINSave money and time: government licensing fees for attorneys and consultants, rent expense while waiting, unpredictable disapproval risk.We provide you with all necessary surety bond/ general liability policies, Policies and Procedures Manuals and administrative forms.We have 24 years of experience in facilitating healthcare startups licensing across US
Asking Price: $649,000$19,000 NET PROFIT PER MONTH
Over $19,000 NET PROFIT PER MONTH! Clean Books and Records. This established Non-Emergency Medical Transportation company (over 8 years) is located in San Fernando Valley in Los Angeles County. The sale includes 7 vehicles (5 Ford Transits and two E250). The vehicles can transport wheelchair, gurney and ambulatory patients. Medical provider is included in the sale.
