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$820,000 Orthotics & Prosthetics Company with locations in Maryland and the Caribbean

State: 

Maryland, U.S. Virgin Islands

Category:

Orthotics & Prosthetics

Asking Price:

$900,000

Revenue:

$800,000

Listing Code:

XYOP1D

American HealthCare Capital is pleased to introduce a very profitable, multi-location orthotics and prosthetics company with locations in Maryland and the Caribbean. The company was founded by its owner 20 years ago. The company provides onsite services at medical facilities, as well home visits and in the office. It has an outstanding reputation for individualized patient care and providing the most advanced technological products. This well-regarded company provides customized orthotic and prosthetic patient care. The product mix is exclusively custom, with over 70% prosthetics.

The company’s current payer mix consists of Medicare and Private Insurance, with Blue Cross Blue Shield being the largest payer source. The company has several other contracts as well. Revenues have averaged $820,000 for the past three years, and the company had an adjusted EBITDA in excess of $300,000 in 2019. Significant growth could be achieved with stronger marketing efforts.

The staff is available to stay under new ownership. The founder/owner is also available to work with a new owner as a practitioner.

The asking price for this opportunity is $900,000.

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