American HealthCare Capital is pleased to introduce a Foot and Ankle Surgery and Podiatry Practice for sale in the Los Angeles, California area. Established over 20 years ago, the practice offers comprehensive care, treating all lower limb conditions under one roof but from multiple locations throughout Los Angeles County. Their experienced podiatrists provide advanced foot care for every type of foot condition, from acute fractures to chronic arthritis, ankle and foot sprains, ligament and tendon injuries, and reconstruction of congenital and acquired foot and ankle deformities.
The payer mix is 35% Medicare, 30% PPO Insurance, 30% HMO Insurance, and 5% cash/other. Gross revenues were $2.55 million in 2021 and grew to nearly $3.1 million in 2022 with an adjusted EBITDA of $641,390 (20.7%). They are projecting gross revenues in the $3.5 million range in 2023 with a 20% adjusted EBITDA margin. The foot and ankle company has over 15,000 patients and performs more than 500 surgeries per year. A new owner could continue to grow with the organic increase in patient volume, as well as by implementing a strong marketing campaign.
The podiatry business for sale has 5 Surgeons on staff, as well as a full complement of administrative and support employees, who are all expected to stay on under new ownership.
The asking price for this foot and ankle company and podiatry practice for sale is $7 million.
If you would like to learn more, please use the link on the right-hand side of the page to execute our NDA. You will need to copy the Listing Code (Example: TXMC1A) and Listing Title (Example: $1 Million Home Health Agency in Texas) from the summary above to complete the NDA.