Buyers

Business for Sale by Owner: Most profitable companies in the health and social care industry

Author:
Saad Benryane

Health & Social Care

The U.S. health and social care industry is experiencing substantial changes in 2024. A notable shift toward value-based care models emphasizes quality and efficiency over service volume. This approach is gaining momentum as stakeholders see the benefits of better health outcomes and cost savings. The industry's profit pools are projected to grow at a 7% compound annual growth rate, reaching $819 billion by 2027.

Technological advancements are significantly impacting the sector. Digital health technologies, including telemedicine, remote monitoring, and artificial intelligence, are transforming patient care and operational efficiency. These innovations enable more personalized care, enhance patient engagement, and streamline administrative processes.

Outpatient care is expanding rapidly, driven by the preference for less intensive settings for many procedures and treatments. This trend improves patient convenience, satisfaction, and reduces healthcare costs by minimizing hospital stays.

Pharmacy services, particularly specialty pharmacies, are also growing. The rising prevalence of chronic diseases is driving demand for specialty medications and personalized pharmaceutical care. Specialty pharmacies are meeting this demand by providing tailored services for patients with chronic and rare conditions.

Challenges remain, such as labor shortages, inflation, and regulatory complexities. Addressing these issues requires innovative solutions and collaboration among stakeholders to ensure a resilient healthcare system.

Financial health in the sector is improving due to strategic efforts to enhance operational efficiency, optimize resource allocation, and invest in technology. These initiatives are helping healthcare organizations recover from previous financial pressures and build a sustainable future.

Overall, the U.S. health and social care industry in 2024 is marked by growth and innovation. Value-based care models, technological advancements, and an expanding outpatient care sector are driving positive change. Despite ongoing challenges, the industry is on a promising path, poised to deliver better health outcomes and greater efficiency.

Business for Sale by Owner: Most profitable companies in the maintenance and cleaning industry (July 2024)

1. Medical Device Company with FDA Clearance:

Enter the cutting-edge field of medical technology with this exceptional opportunity to acquire a pioneering medical device company based in Los Angeles. This company holds FDA clearance and CE Mark for its patented, single-use needle biopsy closure device, positioning it at the forefront of innovation in the medical device industry.

  • Location: Los Angeles, California
  • Asking Price: $25,000,000
  • Sales Revenue: $11,079,000
  • Cash Flow: $2,673,000

Business Highlights:

  1. Establishment: The company has developed a revolutionary FDA-cleared and CE-marked device designed to efficiently seal biopsy channels, enhancing safety for high-risk patients.
  2. Product: The patented single-use needle biopsy closure device allows for the use of larger needles to obtain substantial tissue samples in fewer passes, potentially reducing procedure costs and minimizing hemorrhage.
  3. Innovation: The device stands out as the only patented electro-cautery device designed to fit biopsy channels, ensuring innovation and effectiveness in medical procedures.
  4. Cost Efficiency: Its usage may eliminate the need for certain medications, hemostatic agents, and post-procedure observation, leading to significant cost savings.

Business Operation:

  • Expansion Potential: The company presents a significant growth opportunity with the potential to commercialize its innovative device fully.
  • Competitive Advantage: The device's unique features and patented technology provide a substantial competitive edge in the medical device market.

Reasons for Selling:

  • Capitalization: The owner wishes to capitalize on the significant intellectual property and momentum gained by the company thus far, seeking a buyer capable of fully commercializing the product.

Support & Training:

  • Comprehensive Transition Support: The seller is committed to providing the necessary support and training to ensure a seamless transition for the new owner.

Relocatable:

  • Global Flexibility: The company is relocatable worldwide, offering strategic advantages for operational optimization and market expansion.

This listing presents a rare opportunity to acquire a leading medical device company with a groundbreaking product and substantial growth potential. Serious offers based on industry comps are welcomed, offering the chance to lead the charge in shaping the future of medical technology. For further details and inquiries, prospective buyers are encouraged to engage with the seller promptly.

>> Contact Seller <<

2. Exceptional Compounding Pharmacy in Nassau County:

Seize the opportunity to acquire a fully licensed and contracted compounding pharmacy located in Nassau County, New York. This pharmacy specializes in dermatology and drug rehab addiction prescriptions, boasting a robust revenue stream and impressive profitability. With consistent numbers and pending wholesaler accreditation, this business is poised for substantial growth and expansion.

  • Location: Nassau County, New York
  • Asking Price: $6,800,000
  • Sales Revenue: $6,000,000
  • Cash Flow: $2,600,000 (Seller's Discretionary Earnings)
  • EBITDA: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed (included in asking price)
  • Real Estate: Leased

Business Highlights:

  1. Establishment: Founded in 2018, this pharmacy has rapidly become a key player in the compounding sector.
  2. Licensing and Contracts: Fully licensed and contracted with major providers including Medicaid, Medicare, Caremark, Express Scripts, Humana, and Optum.
  3. Specialization: Focuses on compounding dermatology and drug rehab addiction prescriptions on the premises.
  4. Profitability: Generates profits over $2.5 million annually, demonstrating consistent financial performance year over year.
  5. Operations: Absentee-run location, allowing for potential management flexibility.

Business Operation:

  • Expansion Potential: Pending wholesaler accreditation by the NABP will enable the pharmacy to sell medications to other pharmacies, wholesalers, and hospitals, significantly expanding market reach.
  • Facilities: Occupies a 1,200 sq. ft. leased space with a monthly rent of $3,900, strategically located for high visibility and accessibility.

Reasons for Selling:

  • Retirement: The current owner seeks to retire, presenting a lucrative opportunity for a new owner to take over and expand the business.

Support & Training:

  • Comprehensive training and support will be provided, including introductions to referring doctors to ensure a smooth transition for the new owner.

This listing offers a rare opportunity to acquire a highly profitable, forward-thinking compounding pharmacy with significant growth potential in the dynamic Nassau County market. Serious inquiries only; proof of funds and NDA are required prior to the release of any detailed information.

>> Contact Seller <<

3. Growing Cardiology Practice with Property:

Seize the opportunity to acquire a well-established and expanding cardiology practice in New York. This practice, strategically located across two offices, offers state-of-the-art technology and comprehensive cardiology services. The ownership's investment in a customized EHR system has enhanced administrative efficiencies, allowing for increased patient-physician interaction and overall satisfaction.

  • Location: New York
  • Asking Price: $8,500,000
  • Sales Revenue: $5,500,000
  • Cash Flow: $1,760,000 (Seller's Discretionary Earnings)
  • EBITDA: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed (included in asking price)
  • Real Estate: $1,750,000 (included in asking price)

Business Highlights:

  1. Establishment: A well-organized cardiology practice with a strong reputation for quality care.
  2. Locations: Operates from two strategically located offices, one of which is corporate-owned and included in the sale.
  3. Technology: State-of-the-art equipment and a customized EHR system that enhances administrative efficiency.
  4. Growth: Year-over-year adjusted EBITDA has increased by nearly 18% over the past two years.
  5. Revenue Streams: Multiple revenue streams from hospital referrals, professional reciprocity, and potential recruitment of additional physicians.

Business Operation:

  • Expansion Potential: Numerous scaling opportunities including recruiting additional physicians and capitalizing on lucrative hospital referrals.
  • Facilities: One of the two offices is owned and included in the sale, providing stability and potential for future growth.

Reasons for Selling:

  • Owner's Vision: The owner seeks an experienced buyer to take over and continue the practice's growth trajectory.

Support & Training:

  • Comprehensive support and training will be provided to ensure a seamless transition for the new owner.

This listing presents a rare opportunity to acquire a thriving cardiology practice with significant growth potential and an included real estate asset. Serious offers based on industry comps are welcomed. For further details and inquiries, prospective buyers are encouraged to engage with the seller promptly.

>> Contact Seller <<

4. National Veterinary Dental Equipment Provider:

This reputable company, founded in 2007, provides advanced veterinary dental imaging equipment, ergonomic dental tables, and Cone Beam CT (CBCT) machines. They have grown year-over-year, offering a diverse product line used by veterinary clinics across the U.S. The company has a strong client base with high repeat business and provides continuing education and product support.

Details:

  • Location: Newark, New Jersey
  • Asking Price: Not Disclosed
  • Gross Revenue: $3,400,000
  • Cash Flow: $1,300,000 (EBITDA)
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed (included in asking price)
  • Real Estate: Leased
  • Building SF: 2,000

Key Aspects:

  1. Reputation: 16-year reputation for superior veterinary dental equipment and training.
  2. Client Base: Approximately 8150 clients with 50%+ repeat customers.
  3. Barriers to Entry: OEM supplier status and exclusive contracts.
  4. Growth Opportunities: Expand geographically and enhance sales and marketing strategies.

Opportunities:

  1. Geographic Expansion: Increase customer base and expand product lines.
  2. Sales Strategy: Implement a comprehensive sales and marketing strategy.

Headquarters and Real Estate:

  • Facilities: 2,000 sq. ft. leased office space.

Current Markets:

  • Clientele: Veterinary clinics across the U.S.

Shareholder Objectives:

  • Reason for Selling: Growth and retirement.
  • Support & Training: Owners willing to stay post-transaction for seamless transition.

This veterinary dental equipment provider offers a strong investment opportunity with significant growth potential and a loyal customer base. Prospective buyers should contact the seller directly to learn more and explore this opportunity.

>> Contact Seller <<

5. Medical Spa - 3 Locations, Flourishing:

This flourishing medical spa business with three branches in Buena Park, Lakewood, and Newport Beach, Orange County, offers a diverse range of treatments. Specialties include laser treatments (Tattoo Removal, Hair Removal, Facials), injectables (Botox, Fillers, IVs), weight loss solutions (Body Contouring, Muscle Sculpting, Cryo sculpting), and beauty services (Eyelash Extensions, Ombre Shading, Microblading, Facials, Lip Blushing, Eyeliner). The spa also retails body enhancement products, catering to the diverse needs of its clientele.

Details:

  • Location: Orange County, California
  • Asking Price: $3,900,000
  • Gross Revenue: $3,928,825
  • Cash Flow: $1,050,537
  • Down Payment: $1,850,000

Key Aspects:

  1. Reputation: Established reputation for top-notch treatments and services.
  2. Comprehensive Services: Wide range of medical and beauty treatments.
  3. Customized Treatments: Skilled practitioners provide personalized services.

Opportunities:

  1. Growth Potential: Invest in the rapidly growing domain of medical aesthetics.
  2. Financial Rewards: Significant financial returns expected.

Headquarters and Real Estate:

  • Facilities: Three strategic locations.

Current Markets:

  • Clientele: Wide-ranging customer base in Orange County.

Shareholder Objectives:

  • Support & Training: Provided as needed to ensure a smooth transition.
  • Seller Financing: Available.

This medical spa represents a prime investment opportunity with strong financial performance and a loyal customer base. Prospective buyers should contact the seller directly to learn more and explore this opportunity.

>> Contact Seller <<

6. Wellness Business - Three Locations:

This leading physician-supervised wellness brand operates three locations in Norfolk County, Massachusetts. The business offers a clinical program with fast, safe, measurable results for patients, including multiple revenue streams from check-ups, counseling, weekly visits, and high-margin product sales. The system has a 90% success rate for long-term weight loss.

Details:

  • Location: Norfolk County, Massachusetts
  • Asking Price: Not Disclosed
  • Gross Revenue: $4,744,295
  • Cash Flow: $1,005,224 (Seller's Discretionary Earnings)
  • EBITDA: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed (included in asking price)
  • Real Estate: Not Disclosed

Key Aspects:

  1. Clinical Program: Fast, safe, measurable results under medical supervision.
  2. Multiple Revenue Streams: Check-ups, counseling, weekly visits, and product sales.
  3. High Success Rate: 90% success rate for significant long-term weight loss.

Opportunities:

  1. Expand Services: Introduce new services and products.
  2. Geographic Expansion: Open additional branches in new locations.

Headquarters and Real Estate:

  • Facilities: Not Disclosed.

Current Markets:

  • Clientele: Diverse patient base in Norfolk County.

Shareholder Objectives:

  • Reason for Selling: Retirement.
  • Support & Training: Provided as needed to ensure a smooth transition.

This wellness business offers a robust investment opportunity with established operations and significant growth potential. Prospective buyers should contact the seller directly to learn more and explore this opportunity.

>> Contact Seller <<

7. Turn-Key Cash Cow Vertically Integrated Cannabis Business:

This state-licensed, vertically integrated cannabis business includes dispensary, cultivation, and manufacturing operations. Located at a prime intersection in Alamogordo, New Mexico, the business is on pace for $2,000,000 yearly revenue with ~50% margins.

Details:

  • Location: Alamogordo, New Mexico
  • Asking Price: $1,300,000
  • Gross Revenue: $2,200,000
  • Cash Flow: $720,000 (EBITDA)
  • Inventory: $300,000 (not included in asking price)
  • FF&E: $50,000 (included in asking price)
  • Real Estate: Leased
  • Building SF: 5,000
  • Rent: $3,000 per month
  • Lease Expiration: 8/1/2025
  • Year Established: 2022
  • Number of Employees: 4

Key Aspects:

  1. Vertically Integrated: Dispensary, cultivation, and manufacturing under one license.
  2. High Margins: Dispensary revenue with ~50% profit margins.
  3. Great Location: Prime intersection with high visibility and loyal local following.

Opportunities:

  1. Expansion: Additional property available for expansion, especially near the Texas border.

Headquarters and Real Estate:

  • Facilities: 5,000 sq. ft. split between dispensary, cultivation, and manufacturing.

Current Markets:

  • Clientele: Local customers with growing sales each month.

Shareholder Objectives:

  • Reason for Selling: Pre-planned exit strategy.
  • Support & Training: Seller will provide training to ensure a smooth transition.

This vertically integrated cannabis business offers a lucrative investment opportunity with strong financials and expansion potential. Prospective buyers should contact the seller directly to learn more and explore this opportunity.

>> Contact Seller <<

Conclusion

To wrap up, these health and social care business opportunities showcase diverse and thriving sectors. Each listing represents a chance to acquire well-established operations with loyal client bases and excellent reputations. From veterinary dental equipment providers to medical spas and wellness centers, these businesses offer significant growth potential and stable revenues. Investors can benefit from comprehensive support and training, ensuring a smooth transition into ownership.

Prospective buyers are encouraged to engage directly with sellers to explore these opportunities further, delve into financial details, and understand operational specifics. These listings provide a gateway to enter or expand within the competitive health and social care industry, presenting an excellent path towards entrepreneurial success. Act decisively to seize these opportunities and secure your position in these thriving sectors.

>> Learn more about how to achieve your business purchase goals <<

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