Orthopedic Practice, Stable Cash Flow, Strong Referral Base – Has Accepted Offer
Price: $1,750,000
Annual Revenue: $2,928,974
Net Cash Flow: $1,067,289
Industry: Health Care
Location: Orlando County, Florida
This business has an accepted offer. Please view our other Healthcare Companies for sale.
Established orthopedic practice company with multiple clinics in Central Florida, a strong brand, and contracts with most major insurance carriers.
In 2021, the Company generated revenue of $2.9M, and between 2019 and 2021 it maintained stable revenue close to the $3M level. The Company attracts customers through referrals and its strong brand name in the Central Florida market.
Team: Owned and founded by a reputable licensed surgeon, supported by a group of more than 20 employees with various responsibilities (including physicians, chiropractors, PA, therapy clerks, etc.). In addition, the company has finance, call center support, and admin functions.
Services and Clients: The company mostly serves adults, with some pediatric services. It primarily treats patients with fractures.
Main treatments include:
- Sports Medicine
- Fracture Treatment
- Stem Cell Injections
- Knee / Ankle / Shoulder Arthroscopy
- Total Hip / Knee / Shoulder Replacement
- Cortisone Shots
Listing Details
Training & Support:
The current owner is willing to fully assist the buyer in the transition process to ensure minimal impact on business operations and is also open to acting as an advisor after the transition period.
Summary
Competition:
Competition is from larger regional orthopedic practices that have relationships with hospitals such as Rothman Orthopedic Hospital, AdventHealth, and Orlando Health Jewett Orthopedic Institute.
Potential Growth:
With the growing population in Central Florida, the company has significant growth potential. It has experienced growth purely through referral-based customer acquisition. Using a paid marketing strategy, customer volume could see a quantum leap. The Company clinics are working at full capacity. There is potential for leveraging the existing customer base and insurance contracts to fill supply-demand gaps in the region.