Company Overview
American Healthcare Capital is pleased to exclusively showcase a rapidly expanding, Multi-site Pediatric Medical Clinic located in Florida. The Clinic was founded in 2007 and has developed into a premier provider of general pediatric well-being and mental healthcare.
Staff Overview
The Clinic has 54 full-time staff members who assist a team of 12 medical professionals, including doctors and nurse practitioners. The payer mix is roughly 85% Medicare and 15% Private Insurance with special legacy agreements that have provided the clinic with a privileged advantage for additional growth.
Financial Overview
The Florida Pediatric Medical Clinic has seen robust expansion and profitability over the years as exhibited below. The accounting is done on a cash basis.
Group Financials | 2020 | 2021 | 2022 | 2023 | 2024 |
Total Revenue- Entire Group | $7,186,176 | $8,811,998 | $9,955,732 | $12,134,515 | $13,200,000 |
Total Net Adjusted EBITDA | $2,268,340 | $3,728,782 | $3,438,280 | $4,094,595 | $4,500,000 |
% Profit Margin | 31.6% | 42.3% | 34.53% | 33.7% | 34.09% |
American Healthcare Capital has determined the current value of the business to be $35 million. This valuation is based on the company’s EBITDA of $4.5 million and the potential for additional earnings through the acquisition of other practices in 2024.
The valuation is supported by the following factors:
- The company’s profit margins are higher than those of similar medical groups due to strong and skilled management.
- The company has established a competitive advantage by serving a highly sought-after niche in the market, which can be easily expanded by adding more providers.
- The risk associated with operating the business is low, thanks to the company’s solid management team, and they aim to continue expanding.
- The company has a proven track record of success, even in challenging times like the pandemic.
The current management is actively looking for a qualified strategic buyer and financial sponsor who have the necessary experience and track record to help the company achieve revenues of over $100 million and establish regional dominance. The current leadership is open to various deal structures, including selling a majority stake in the business and retaining equity to accomplish their goals.
Asking Price
There is no specific timeline for receiving bids and offers will be considered on a first-come, first-served basis. Once a letter of intent is signed, the Florida Pediatric Medical Group will no longer be available for sale.