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Renowned Podiatric Medical Practice w/30-Year Legacy for Acquisition


A renowned podiatric medical practice with a 30-year legacy of excellence is now available for acquisition. This established practice specializes in comprehensive foot and ankle care, including diabetic foot management, custom orthotics, and general podiatric treatments. The practice benefits from two strategically located offices, providing easy access and convenience for a diverse patient base. With a strong community presence, high patient loyalty, and robust referral networks, the practice has built a solid reputation for delivering exceptional care.

The practice offers a wide range of services such as diabetic foot care, sports medicine, geriatric care, and treatments for conditions like bunions, heel spurs, and ingrown toenails. The acquisition includes modern equipment and extensive inventory, ensuring seamless operations and high-quality patient care. The practice sees a high patient volume, reflecting its robust and steady flow of clients.

The efficient staffing model includes an experienced office manager, part-time administrative staff, and a part-time insurance billing specialist. Long-standing supplier relationships and a high rate of repeat clientele underscore the practice’s stability and reliability.

This acquisition opportunity presents a valuable chance to step into a thriving business with a solid foundation, established patient base, and an array of modern equipment. With the potential for growth through expanded marketing efforts, enhanced digital presence, and extended office hours, this practice offers a promising future for a new owner looking to enter or expand within the podiatric medical services sector.

 



Listed By: Denis Mezheritskiy

Background information

Reference:

1800

Year established:

1993

Reason selling:

The owner is seeking to retire after a successful 30-year career in podiatric me

Finance

Sales:

$777,239

Profits:

$324,470

Operations

Equipment:

N/A

Premises

Facility:

The practice employs an efficient and experienced team, including an office manager, part-time administrative staff, and a part-time insurance billing specialist. The team is well-versed in the practice’s operations and committed to maintaining high standards of patient care.

Location:

Middlesex County, MA

Opportunities

Growth:

The practice has significant potential for growth through expanded marketing efforts, enhanced digital presence, and extended office hours. Additionally, there are opportunities to introduce new services or specialties, collaborate with local healthcare providers, and increase community outreach to attract new patients.

Price and terms

Price:

$495,000

Training:

The current owner is committed to ensuring a smooth transition and is willing to provide comprehensive support and training to the new owner. This includes hands-on guidance in daily operations, introductions to established referral networks, and familiarization with the practice’s systems and procedures