Listing Number: 60372-387849
Description
Profitable, Scalable Health & Wellness Platform with 40+ Year Legacy
Profitable, well-established, multi-disciplinary healthcare practice for sale. The current ownership acquired the practice in 2000 and has since grown it into a thriving, full-service wellness center. In 2006, the business was relocated to a larger facility, enabling the addition of physical therapy services and positioning the practice for significant revenue growth.
With a database of over 10,000 patients treated over the last 20 years, the Center has built a strong and loyal patient base. The practice utilizes a well-organized electronic health records (EHR) systems to ensure efficient patient management, seamless billing, and comprehensive chart documentation.
The Center is an in-network provider for major insurance carriers, including Blue Cross Blue Shield (BC/BS), Cigna, UnitedHealthcare, Aetna, and Medicare, as well as several smaller insurance providers. This extensive network accessibility ensures broad patient reach and consistent reimbursement for services, further strengthening the practice’s financial stability.
In 2021, the Center transitioned to a medical corporation, expanding its service offerings to include regenerative medicine alongside Chiropractic and Physical Therapy. This strategic evolution has enhanced the Center’s ability to deliver comprehensive, integrated care and attract a broader patient base. With a strong operational foundation, a scalable infrastructure, and multiple revenue streams the Center represents a compelling opportunity for strategic acquirers, healthcare operators, or investor-owners seeking a turnkey wellness platform in a demographically favorable market.
Listing Details
- Price: $ 1,395,000
- Down Payment: $139,500
- Sellers Discretionary Earnings: $ 344,820
- Total Sales: $ 1,647,027
- Location: Essex County, New Jersey
- Inventory: $ 0
- FF&E: $ 150,000
- Employees: 13
- Year Established: 1985
- Reason for Selling: New Business Direction
- Category: Medical Related Biz
Business Listed By:
- Fred Petito, CM&AA, CEPA
- Phone: (201) 978-5700
- Email: fpetito@tworld.com