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Podiatric Medical Practice With 30 Year Legacy For Acquisition For Sale

Concord, Massachusetts, US
Asking Price:
$495,000
Sales Revenue:
$777,239
Cash Flow:
$324,470

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.

Property Information

Real Estate:

Real Property Included

Premises Details:

The practice operates out of two modern and well-maintained offices, each designed for maximum patient accessibility and convenience. Both locations feature comfortable reception areas, fully equipped treatment rooms with the latest podiatric technology, organized administrative offices, ample parking, first floor location with easy access for wheelchair/walker? Dedicated areas for inventory and equipment storage ensure seamless operations, contributing to the practice's reputation for excellence

Business Operation

Expansion Potential:

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

Reasons for selling:

The owner is seeking to retire after a successful 30-year career in podiatric medicine, creating a valuable opportunity for a new owner to take over a well-established and thriving practice.

Trading hours:

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.

Years established:
1993

Other Information

Support & 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.