Company Overview
American HealthCare Capital is pleased to introduce a profitable, multi-location Orthotics and Prosthetics company based in Central Massachusetts. The company was founded by its owner in 2007 to provide customized orthotic and prosthetic patient care. This Orthotics and Prosthetics business has an outstanding reputation for individualized patient care and providing the most advanced technological products.
Financial Overview
The product mix is well balanced by prosthetics and orthotics. The company’s payers consist of Medicare, Medicaid and Private Insurance, and they have several important insurance contracts. Revenues were $990,000 and $982,000 for 2019 and 2018 respectively. 2020 Revenues were $747,000. Based on current trends, the company’s current annual Revenues are in excess of $800,000 with an EBITDA between 15 and 18%. The Company expects Revenues to return to Pre-Pandemic levels of $950,000-$1,000,000.
Significant growth could be achieved with stronger marketing efforts and expanding into nearby local areas. The Orthotics and Prosthetics business\’ satellite office is currently opened two days per week and can be expanded.
Staff Overview
The clinical and administrative staff is expected to stay on under new ownership. The
founder/owner would like to work with a new owner continuing to take care of patients and to take advantage of growth opportunities in the market.
Asking Price
The asking price for this business for sale in Massachusetts is $700,000.
