"As you consider taking your practice to market, you are likely to wonder: what is my practice worth? If you price your business too low, you are leaving money on the table that you could otherwise use to fund your retirement or next investment. If you price your business too high, you risk scaring off highly qualified buyers. As Certified Business Intermediaries, we can perform a broker’s Opinion of Value (OOV) using a combination of factors when performing each valuation including comparing your business to comparable transactions, analyzing trends in gross revenues, SDE (seller’s discretionary earnings), and EBITDA (earnings before interest, taxes, depreciation, and amortization), as well as other intangible and tangible factors that make your business unique. You will receive a highly detailed, 6 to 10-page document summarizing the strength of your business and the likely open-market valuation. For more information about our OOV services, contact us today."
- Justin Farmer, Esq., CBI
President & Founder of Private Practice Transitions
FEATURED BLOG:
How To Target The Best Buyers For Your Private Practice
Business has been good for your private practice for the past few years, but now you feel it’s time to sell it and move on to other profitable ventures. The only hurdle is that finding a buyer is not as easy as it seems. No matter how lucrative your practice is, you need to attract serious potential buyers to have any chance of selling it for top dollar. Fortunately, we have some great tips to make it work.
For over 17 years, this Practice has offered a wide range of therapy services to numerous clients. As of February 2023, the Practice has ~385 active clients with a total of almost 4,200 clients in the Practice’s database. The Practice’s service by revenue breakdown is 92% General Rehab with the remaining 8% dedicated to Pelvic Health. The Practice also offers aquatic therapy and has a pool onsite. Including the Owners, the Practice has eleven (11) staff members. In 2022, the Practice’s gross receipts were approximately ~$642k. The Practice’s success can be attributed to its high level of care, personalized attention, versatile clinical staff, and sense of community established with each patient. This Practice is poised for growth and increased revenue under new ownership.
If you are interested in our March Featured Listing, email us and indicate the listing name and number in the subject line or call us at 253.509.9224.