Profitable Midwest Endocrinology Medical Practice
Not Disclosed, IN Allen County
Seller's Contact Information
- RE: Profitable Midwest Endocrinology Medical Practice
- Contact: Lionel Cohen
Quick Facts
| Asking Price: | $5,500,000 | |
| Annual Revenue: | $3,692,700 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $1,508,004 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | 22 | |
| BBN Listing #: | 122341635 | |
| Broker Reference #: | 3953-190266 |
Business Overview:
Profitable Midwest Endocrinology Medical Practice-Three Locations
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 60% over the last three years to an expected $3.6 million (2022) with an adjusted EBITDA growth from 33% in 2019 to 49% as of July 2022.
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Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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