Purchasing Resources for Medical Business For Sale

Medical Business for Sale Pricing and Costs

Evaluate what medical business for sale pricing and costs include before you buy
By Tara McClendon, Freelance Writer/Editor Tara McClendon When it comes to exploring a medical business for sale, pricing and costs can help you determine the factors that affect the sale price. The first thing to consider is the type of medical business for sale. A fitness center might list its business as a health care practice sale and cost less than a doctor practice sale that includes a client base.

Other factors that affect the pricing and costs include the amount of time the practice has conducted business and whether or not staff will stay on after the transition. When it comes to location, not only can the state affect the price, but the town and the location in the town can add to the cost; you pay more for a prime location. When you evaluate your options, you might want to consider the following things:

1. Determine whether or not the medical practice sale is part of a franchise.

2. Evaluate the cash flow of the practice and consider the client retention you can realistically expect if the main doctors leave after the sale.

3. Consider working with a healthcare practice broker who can help you understand all the factors involved in a medical business sale.

Find a chiropractic business sale

A chiropractic business sale will usually transfer any office equipment to the new owner. In some cases, the previous owner will also transfer his or her client list to the new owner as well. The cost of a chiropractic business will depend upon the location of the office, the number of clients served by the office and other factors like the type and condition of equipment included in the sale.
Try:  BusinessBroker.net provides information on chiropractic businesses for sale. It lists businesses from as low as $16,000 to over $1,000,000. MergerNetwork is an online database that includes chiropractic businesses for sale with prices between $20,000 to over $1,000,000. It offers information on the gross income of the practice, the number of clients, the type of equipment involved and other issues that affect the price.

Consider a family practice when you look for a medical business for sale

When you look at a physician practice sale, you may want to consider a family practice, which can have more clients than a pediatric practice. The pricing and cost will depend on the equipment, the client base, the location and any real estate involved in the transaction. In some cases, you may want to consider buying a franchise rather than a private practice, but keep in mind you'll have to continue to pay franchise costs as long as you own the franchise.
Try:  ProMed Financial provides pricing and costs for medical businesses for sale and includes information on family medical practices ranging from $370,000 $795,000. Its descriptions include the location, the client base, the equipment and information on whether the building is included or leased. PracticeWorld.com offers information on family medical businesses for sale. It lists some prices, starting at $299,000, but for most of the prices and costs, you'll need to call the contact person provided with the listing.

Find a dental business sale to start your career as a dentist

Like other kinds of medical businesses for sale, you can find a variety of factors affecting the price and costs of dental practices. Franchise opportunities are more common for dental practices than for some of the other types of medical practices, so you may want to consider a franchise as an option.
Try:  AFTCO is a dental practice transition consulting firm that provides information on dental practices for sale. Its search engine allows you to find dental business sales by location, but you'll have to contact the company in order to get information on price. The American Dental Association (ADA) provides information you need to consider when you look at a dental business sale. McLerran & Associates further explains factors that can affect the price and cost of buying a dental practice.

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