FOR SALE

EXECUTIVE SUMMARY

Kinsey Associates, Inc. is pleased to present this rare opportunity at acquiring a thriving medical practice located in SW Florida - one of the fastest growing markets in the U.S. With various acquisition and transition strategies available, a new business owner could immediately step in and assume operation of a profitable medical practice while continuing to grow the business further. Current owners are planning for retirement from the practice but would be available for a holdover employee/consultant role during the transition to new ownership.

COMPANY SUMMARY

CONFIDENTIAL (“the Business” or "the Practice”) was founded in 2013 by CONFIDENTIAL and later joined by Board Certified OB/GYN CONFIDENTIAL in 2015. This duo has since operated the practice together with a lean support staff and has enjoyed steady growth of the business year after year. Like most businesses, especially those in the medical field, business operations were heavily affected by the COVID-19 pandemic for portions of the years 2020 and 2021. Therefore an attempt has been made to more heavily emphasize company history from before and after the height of the pandemic although information for all of the past 3+ years are provided.

PATIENT BASE

The Practice serves women of all ages and from a substantial geographic radius relative to its Fort Myers office location. Its patients are comprised of women living in Lee, Collier, Charlotte, Hendry, & Glades counties.

CURRENT PATIENTS

Although the Practice offers a full array of women's health services, the majority of its business is comprised of obstetrics with a substantially smaller number of patients visiting for gynecological services. Due to this the average age of patients skews toward a typical child-bearing age group. The following shows a breakdown of patients served by month and # of visits by month (2021).

COMPANY FINANCIALS

The Business has enjoyed consistent profitable operations since its inception. The provided financial information serves to illustrate the details of the Business’s financial history for the past three years. It should be noted that the data in this section is taken directly from the company's annual tax returns, and no adjustments (unless otherwise noted) have been made to signify a prospective ownership structure that is different from the current structure – one in which the owners of the Business are also receiving salaries as employees of the company. These salaries, along with several other discretional expenses should be examined in more detail during any prospective buyer's review of the Business.

OPPORTUNITIES FOR GROWTH

In addition to the overall population growth in the area, a new owner may also be able to take advantage of other ways to increase sales to the Business.

Expansion of Services

Since the Practice currently has a much smaller percentage of its annual sales resulting from gynecological services, this segment of women’s healthcare represents an opportunity to add additional patients to the Business’s patient roll, and therefore open up new sources of revenue.
Of particular note, SWFL is home to a thriving population aged 50+ which continues to see year over year growth.