Neurotherapy Medical Practice with Multiple Locations

Asking Price$3,000,000

Cash Flow
$872,879
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,829,978

InventoryNot Disclosed

FF&ENot Disclosed

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Neurotherapy Medical Practice with Multiple Locations


Asking Price$3,000,000

Cash Flow
$872,879
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,829,978

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
This medical service provider, with a rich history spanning over four decades, stands as a leading healthcare entity in Metropolitan Washington, D.C. It boasts a substantial patient base of over 80,000 registered individuals, with new patients continuously joining. The practice operates with remarkable efficiency, supported by a dedicated and cross-trained team of experienced professionals who ensure seamless operations and high-quality patient care, even during peak periods.

Comprising three strategically located and busy offices, some of which are physically attached to major hospitals in Washington D.C., Alexandria, VA, and Woodbridge, VA, the practice offers both in-person and telemedicine services. These locations provide ample space and significant growth opportunities for expansion and scalability, capable of being operated independently or collectively. The availability of such a well-established and thriving medical practice for sale is a rare occurrence. The current staff is well-trained and capable of remaining, and the selling physician is open to providing support for a smooth transition, making this a turnkey operation that includes all Furniture, Fixtures, and Equipment (FF&E).

Services and Patients
The practice is renowned for exceptional patient care and advanced treatment methodologies, offering individualized treatments for a wide array of medical conditions through various NeuroTherapeutic Modalities. Additionally, all three locations house sleep centers with a total of seven beds, providing comprehensive sleep studies.
Beyond direct patient care, the organization extends its expertise to medical education and quality management. It offers variable rotations and externships for international medical graduates and current medical students across ten specialties, available both virtually and in-person at all three locations. These programs provide high-quality, hands-on clinical experience, cultural immersion, and support services to aid participants in their pursuit of U.S. residency.
Furthermore, the practice includes a specialized entity dedicated to providing high-quality medical and consulting services in independent medical evaluation, utilization and quality assurance reviews, and impartial peer reviews for insurance companies, attorneys, and other corporate organizations. This service bridges the gap between treating physicians and corporate/legal clients, leveraging a large network of practicing physicians and a professional staff including nurses, vocational rehabilitation counselors, clinical neuropsychologists, and medical technologists to ensure fair and balanced evaluations and effective treatment monitoring.

Services offered include: Pharmacological Treatment, Botox Therapy for Migraines, ENG (electronystagmography), EEG (electroencephalogram) including 72-hour ambulatory EEG, EMG (electromyography), NCS (nerve conduction study), TM Flow System for Ankle Brachial Index and autonomic function, Sudoscan for peripheral neuropathy assessment, Cognitive Assessments, and in-office Sleep Studies for various sleep disorders.

Key Investment Highlights
High Patient Demand: The practice benefits from a substantial patient base of over 80,000, with a continuous influx of new patients, resulting in an approximate two-month waiting time for appointments.
Strong Insurance Contracts: Robust contracts with major commercial insurers contribute to a stable and enhanced revenue stream.
Established Referral Network: A diverse and strong referral network, including physicians, insurance companies, hospitals, medical groups, and online sources, ensures a steady flow of new patients.
Experienced Leadership & Transition Plan: The current leadership is committed to a gradual retirement plan, ensuring a smooth transition and continuity of operations, with leadership staying as needed to support the new ownership.
Prime Location & Facility Ownership: The practice's locations are owned (options for lease/purchase)
About the Business
Website
https://synergybb.com/listings/established-medical-practices-with-multiple-locat
Market Outlook / Competition
The practice maintains a robust and steady stream of new patient inquiries driven by a strong referral network. This network comprises physicians, insurance companies, hospitals, medical groups, word-of-mouth recommendations, and online platforms. Its strategic locations, particularly those attached to major hospitals, provide high visibility and a consistent influx of patients, contributing to a competitive advantage. The ability to offer both in-person and telemedicine services further enhances its accessibility and market reach.
Opportunities for Growth
Expansion Potential: There is significant room for growth through scaling operations and adding new neurologists, nurse practitioners, and physician associates to expand service offerings.
Financial Stability & Growth: The high patient demand, evidenced by the two-month waiting period, underpins the practice's financial stability and indicates excellent growth potential.
Real Estate
Owned or Leased
Leased
Listing Info
ID
2385026
Listing Views
451

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Business Listed by: Joe Coculo Synergy Business Brokers

Listing ID: 2385026 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.