Orthopedic Surgery Practice For Sale
Fantastic opportunity! Well established solo orthopedic surgery practice specializing in clinical and surgical orthopedic care in a desirable location. $937,000 in annual gross collections with substantial growth potential and low overhead. Projected owner 2019 take-home income of about $500,000. Excellent opportunity to grow an existing Orthopedic Surgery practice by adding additional providers and services. Current on-call schedule of 1:5 at the local hospital. Loyal and competent Spanish speaking staff in place. Competitively priced at $375K. This is a great opportunity for an energetic practitioner who wants a practice with growth potential, or someone who wants to work a more relaxed schedule to enjoy life and family. Stop working for a boring, unsatisfying practice and move up to the challenge and reward of owning your own practice. The practice is pre-approved for SBA financing, subject to buyer credit approval.
Facilities:The practice facility is a 2,856 SF leasehold space in a professional medical office building. Walking distance to hospital, ambulatory surgery center and ancillary buildings within the medical campus.
Competition:The competitive advantage the practice enjoys over their competition is that they have been in practice 36 years and have a loyal and competent Spanish speaking staff and provider.
Growth and Expansion:The current management and owner recognize the opportunity for growth by adding more satellite clinics in Northwest Tucson, adding additional payor contracts and creating an internet and social media presence. Additionally, adding DME, non-physician providers and regenerative medicine could increase the profitability of the company.
Support:The owner doctor is willing to remain working part-time and provide vacation call coverage.
Financing:Seller financing available for 10% of the purchase price to qualified buyers.
Reason Selling:The current owner has no clear successor to the current owner-manager. The owners feel like the company’s potential for significant growth would be more effectively realized with a new owner with greater technology and marketing expertise.