$1.4 Million Revenue Podiatry Practice Servicing 260 ALF and Retirement Facilities in Florida

State: 

Florida

Category:

Primary Care, Pain Management, & Specialty Group Medical Practices

Asking Price:

$1,200,000

Revenue:

$1,400,000

Listing Code:

FLMED1P
Company Overview

American Healthcare Capital is pleased to introduce a well-established Podiatry practice for sale in Florida. The practice has 4 associates and offers comprehensive podiatric care, including surgical intervention, conservative therapies, in-office patient visits, and onsite patient visits in over 260 assisted living facilities and retirement buildings surrounding area.

Financial Overview

The company’s payer breakdown is 56% Multiple Insurances (Medicare or a Medicare plan and supplement, 5% Medicare only, 8% Medicaid, 16% PPO, 11% HMO, and 4% Cash. In 2022, the company generated $1.263 Million in revenue with an EBITDA of $180,000, which was consistent with the prior year. In 2023, the company generated $1.290 with an EBITDA of $205,000 and in 2024, revenues were $1.445M with an EBITDA of $322,000.

The growth potential for this practice is excellent, with new facilities contacting the company every week to request service for their residents.

Employee Overview

All employees are expected to stay on under new ownership. The owner plans to exit but will stay on to transition the business.

Asking Price

The asking price for this opportunity is $1.2 million.

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