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Asking Price$11,000,000
Revenue$15,772,000 Established2009
Cash Flow$1,850,000 Employees20 full, 10 part
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Extremely Profitable Growing Medical Mgmt. Services Org. (MSO) for sale, to include: Multiple Branded Chiropractic Clinics, a Professional Chiropractic Group, Medical Doctor (M.D.) treatment services, and a full operating MRI clinic, all of which are located in a major city, within the mountain west region. Buyer does not need any medical background. Practice is centered on both personal injury and insurance related work. This is one of the few practices in the country that has successfully incorporated personal injury treatment, insurance treatment, imaging, and M.D. treatment into a traditional practice. This business has various revenue streams which the seller has expanded on over the years, thus increasing services offered and allowing for a more profitable operation. A significant amount of annual revenues are earned in prior years, and paid as cases are closed and settled. These billings are treated as Accounts Receivables (A/R), until collected. 2016 EBITDA (from revenue earned in 2015) is projected to be over $1.8. 2017 EBITDA is forecasted at over $3M, as the prior year's income from the MRI and M.D. revenue stream categories are recognized. Moving beyond 2017, and after the addition of just one new clinic and MRI center, profits are expected to exceed $4M, annually. The purchase price comes with 13M in A/R that equates to $5M in A/R that will be collected over the next 12 months. All treatment is performed by health professionals dedicated to helping their patients achieve a full recovery through the use of the finest quality care & the use of cutting-edge equipment and technology. This business is positioned to bring their current systems and practices to other states across the country, having built a system focused on both long term community-based insurance patients and lucrative personal injury work. These systems are in demand by medical insurance providers, attorneys, chiropractors, and patients alike, making this opportunity very scalable. For more information, contact Alan Horwitz at 702-714-0229 or email at lvbusinessbroker@gmail.com.
Training/Support:60 days minimum
Sale Reason:Relocation
Ad #88200
Seller Reference #LASVENV001-N1121
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Alan Horwitz
(702) 364-2551
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