Podiatry Practice Business brokers
64 Podiatry Practices Sold to date in 2024!
Podiatry Broker
Las Vegas, NV $550K
Houston, TX $945K
Manhattan, NY $799K
Cheshire, CT $249K
Atlanta, GA $1,350,000 IN-CONTRACT
Podiatry Practice Business brokers
Las Vegas, NV $550K
Houston, TX $945K
Manhattan, NY $799K
Cheshire, CT $249K
Atlanta, GA $1,350,000 IN-CONTRACT
Buy A Podiatry Practice Outright - To Learn More, Request An NDA & Provide The Listing Number
COMING SOON - PENDING ANALYSIS
RZ129 Springfield, MA | $179
RZ213 Cheshire, CT | $249K
TF120 Manhattan, NY | $799K
RZ955 Coupeville, WA | $179K
RZ999 San Diego, CA | $350K
RZ400 Las Vegas, NV | $550K PRICE REDUCED!
RZ206 Carson City, NV* | $845K
TF118 Las Vegas, NV* | $1.1M
RZ211 Pasadena, CA* | PRICE LOWERED! $299K
SM304 Phoenix, AZ* | $105K
RZ212 Eureka, CA | FSBO $250K
RZ333 Bergen County, NJ | $350K
RZ210 Costa Mesa, CA* | IN-CONTRACT
TF121 Bridgeton, NJ | $259K
RZ209 Burlington County, NJ | $99K
RZ205 Morristown, NJ | $890K IN-CONTRACT
RZ099 Adrian, MI | $600K
RZ009 Milwaukee, WI | $299K
RZ945 Detroit, MI* | $985K ON-HOLD
RZ202 Atlanta, GA* | $1,350,000 IN-CONTRACT
TF115 Knoxville, TN | $300K
RZ201 Murfreesboro, TN | $560K IN-CONTRACT
RZ204 Allentown, PA | $590K ON-HOLD
TF116 Richmond, VA | $650K IN-CONTRACT
SM301 Norfolk, VA | $510K
RZ011 Tuscaloosa, AL | Pending Analysis
TF001 Naperville, IL | $680K CONVERTED TO CTS PROGRAM
RZ207 Dale City, MD | CONVERTED TO CTS PROGRAM - SOLD
TF677 North Charleston, SC | $375K CONVERTED TO CTS PROGRAM
*Practices that have sold in 2024 can be found below.
*Comprehensive Transition System Program opportunities are presented below.
How To Sell A Podiatry Practice & Different Options
Both options are great ways to approach the sale of your podiatry practice.
Other considerations include...
How you sell and to whom are important considerations.
What is best for you and your practice?
The dynamics of selling a podiatry practice are influenced by a variety of factors. Here’s a closer look at some of the key variables:
Seller and Buyer Motivation: A motivated seller who is transparent about their practice can facilitate a quicker sale. Similarly, a buyer eager to acquire a practice can streamline negotiations.
Financial Clarity and Organization: Well-organized financial records make it easier for potential buyers to assess the practice's value and profitability, which can expedite the selling process.
Buyer Financing: A buyer’s ability to secure financing is crucial. If financing options are limited, it can delay or derail a sale.
Location: Practices in high-demand areas or with a strong patient base often sell more quickly compared to those in less desirable locations.
Cultural Fit: A good cultural fit between seller and buyer can enhance the likelihood of a smooth transition, making the practice more appealing to potential buyers.
Insurance Plans: Compatibility with existing insurance plans can affect a buyer's interest, as they may prioritize practices that align with their patient demographic.
Impatience and Ego: Impatience on either side can lead to hasty decisions, while egos can complicate negotiations. Both can hinder the process of reaching a fair agreement.
Valuation Understanding: A lack of understanding regarding the true value of the practice can lead to overpricing or undervaluing, affecting marketability.
Market Conditions: Broader economic factors and trends in the healthcare industry can also influence the timing and speed of a sale.
Overall, a thoughtful approach that considers these variables can significantly impact the success of selling a podiatry practice.
Massachusetts - 1
Tennessee - 1
Mississippi - 1
Michigan - 1
Wisconsin - 1
Iowa - 1
Arkansas - 1
West Virginia - 1
Missouri - 1
Alabama - 1
Louisiana - 1
Oregon - 1
Washington - 2
Would you like to own a podiatry practice, but ease into it over time?
Our CTS program matches a selling-doctor with a buying-doctor that allows the selling-doctor to wind-down and make a slow exit, and sell the practice to an associate doctor (buying-doctor), allowing a longer, slower transition and the opportunity for the buying-doctor to fully integrate with the staff and patients.
New opportunities exist that allow a buying-doctor to transition slowly into ownership.
THESE PRACTICES ARE NOT FOR SALE OUTRIGHT. The average program duration is 12-36 months and governed by strict contractual agreements.
Here is a list of locations with selling-doctors searching for a buying-doctor:
To enroll your practice into our CTS program, please email us at your convenience for details.
Want to "Earn & Learn" and then buy your employer out?
At Podiatry Practice Sales, LLC, we specialize in providing expert podiatry practice brokerage services to help you buy or sell a podiatry practice. Our team of experienced podiatry brokers will work with you every step of the way to ensure a smooth and successful transaction.
We pride ourselves on our knowledge of the industry and our commitment to providing exceptional client service.
The Podiatry Broker Practice Analysis or Survey is step one, square one, the absolute ground-zero point of your sale! There is no point that a Seller can move to without first knowing the Fair Market Value of its practice.
We recognize that all Sellers have different needs and budgets. We will steer you in the right direction and explain the different levels of analyses and surveys that we offer.
We will get your practice analyzed correctly and quickly, at a price that you can afford!
Contact us today to get started!
A Medical Practice Analysis legitimizes your asking price, and medical practice sale in general. A properly performed analysis increases the probability of a successful sale:
With buyer confidence, a streamlined approach to due-diligence, and an easier negotiation process, a seller can maximize its chances for a successful sale.
If you are selling a podiatry practice, timing is extremely important. But is there a best time of year to sell a podiatry practice? Answer: it depends. Although the calendar can sometimes prove to be irrelevant, remember that selling a business is a process and different times of the year can have effects on the phases of that process. In this explainer, the brokers of Podiatry Practice Sales, LLC we will take a look at three, high-level phases of the process: preparation, marketing, and closing - and examine how the time of the year may or may not play a role.
Preparation means something different for every podiatry practice and doctor/owner. In general, however, it includes preparing historical financials, gaining knowledge around tax matters, refining management responsibilities, formalizing loose ends that exist in every small-to-medium sized podiatry practice, and more.
Even for the most organized podiatry practice owners, these tasks often take longer than planned. While it is true that not everything related to timing is within a seller’s control, preparation is something that you can control. So like planning for any major event, you’ll want to take on these tasks proactively to avoid potential delays in launching the practice sale during the ideal market windows (more on this below).
When marketing a podiatry practice for sale, it is all about getting the most amount of buyer eyeballs to perform an initial review of the opportunity. So in order to do so, one must think from the buyer’s perspective and consider when they are most likely to be motivated to pursue an acquisition.
Generally speaking, at the beginning of the year and throughout the first quarter, buyers have a newfound sense of optimism based on aspirational plans for the year ahead. A similar scene resurfaces between Labor Day and Thanksgiving as buyers are typically back from the summer holidays and their attention is fully locked into getting a deal done before the end of the year, so they can hit the new year in full stride!
Conversely, slower seasons tend to be late spring and summer, due to kids being out of school and vacations; as well as the holiday season, which is filled with personal commitments and distractions. Assuming that your business is otherwise sufficiently prepared for the market, picking a more active time to launch can give you better odds of gaining initial traction and buyer interest.
To be clear, however, there is not actually a “bad” time of year to market a business that is prepared for the process. A high-quality podiatry practice with organized documentation will raise eyebrows with buyers, no matter what the calendar says.
The best time of year to close on the podiatry practice sale is whenever all parties involved are ready to close! On one hand, electing to postpone a closing by a few days to wait for a month, quarter, or year-end for the sake of accounting convenience only leaves room for a plethora of unexpected disruptions.
On the other hand, there may be legitimate tax advantages to either closing a sale before the end of a period or delaying closing until the start of the following period. Of course, however, the advantages must be weighed against the risks that populate as a result of delaying a closing.
Ultimately, closings happen as a result of meticulous preparation and strong marketing - it is therefore far more important to look towards optimizing those aspects because, without them, a closing won’t exist.
As you can see, an owner’s ability to succeed at achieving their objectives for a sale may depend largely on timing and even the dates on the calendar can make a difference. So when looking at your exit holistically, you must work backward from the closing and “reverse-engineer” the process to an optimal go-to-market timing and what amount of time you’ll need to sufficiently prepare.
If you are considering selling or buying a podiatry practice, please contact us at your convenience to explore all of your options.
Asking $105K & Includes All Lists & Operating System!
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