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Jul 17, 2018Multi Location Practice specializing in the Diagnosis and Treatment of Accident Victims. All of the practice’s doctors and staff work closely with the patient’s primary care physician, pain doctors, radiologists, and other specialists as needed. This is a one of a kind opportunity. Business is located and operates in the Southwest United States.
Established for almost 25 years, this business has an excellent reputation with its patients and a long history of growing patient counts and revenue. Outstanding books & records along with the company’s tax returns will demonstrate consistent growth in profitability with the adjusted net income to exceed $4,000,000.00 in 2018. The business model is unique and allows the practice to treat patients without charging them. The company receives their revenue from collections via liens paid when the cases are settled in each individual accident. This business traditionally collects approximately 60% of all its accounts receivable and comes with $21,000,000 in A/R at face value. Seller could walk away from this business and expect to collect $12,000,000.00 in A/R alone.
Huge upside potential could easily push this business to $6M in EBITDA within 2 years with very little capital expenditure. This business model does not require that it be owned by a licensed doctor or medical professional. The business can also be easily expanded to other markets through either licensing, acquisition or opening new locations.
The Seller is not a practicing doctor at this time. Management and staff are in place. Seller is willing to consider staying on in a consulting role or even as a minority equity partner with the right ownership and growth plan in place. All other Doctors and Staff would stay on with new ownership.

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