Maryland Child and Teen Wellness Practice For Sale

Owings Mills, MD (Baltimore County County)
Asking Price: $800,000
Business For Sale Details
Listed on Feb 19, 2023

Annual Gross Revenue: $1.9M. Asking price: $800K

Dedicated and highly visible physician/owner eager to stay on, mentor and grow the practice.
Child and Teen Wellness Practice for Sale in Owings Mills, Maryland, Baltimore County, 20 miles from Baltimore, a rapidly-growing, diverse and expanding area. This popular, 41-year old Maryland Pediatric Practice for Sale provides medical and behavioral services for children and teens from birth through age 22.

Diverse and multilingual staff serves patients from 100 different countries. Staff includes Physician/Owner and two additional MD’s plus a Board Certified Pediatric Nurse Practitioner and a Board Certified Family Nurse Practitioner. Average 18-20 patients per day per provider with 60% Medicaid patients and 40% commercially insured patients.

Owner/physician has extensive state and national pediatric leadership credentials including serving as President of the Maryland Chapter of the American Academy of Pediatrics; (MDAAP); past winner of the MDAAP Leadership Award and Pediatrician of the Year; District Vice-Chair of District 3 (mid-Atlantic) for the American Academy of Pediatrics (AAP); served on the editorial board of the AAP News; Assistant Professor of Pediatrics at Johns Hopkins, Clinical Assistant Professor at University of Maryland, and Senior Fellow, Institute for Global Road Safety and Security, at Clemson University. The practice is also part of the Pediatric Research in Office Settings Network of the AAP.

The practice offers an extensive array of on-site and virtual medical services and mental health and wellness care services including ADD/ADHD management, behavioral consultations, flu shots, immunizations, rx refills, same day sick care, well-child checkups, and sports physicals. In-clinic and telemedicine services available. The Practice for Sale sublets space to an Occupational Therapist specializing in ADHD and executive function optimization. The Pediatric Practice for Sale is part of a joint, community-based program with Mt. Washington Pediatric Hospital’s department of Psychology which allows the practice to fast-track patient care.

Leased office space consists of 6,725 sq. ft. Lease expiration 3/11/2029. The office includes thirteen exam rooms and open triage area. Welcoming front desk with ample waiting room. Five administrative offices and one shared office. One conference room and one break room. The practice uses Office Practicum for electronic medical records.

The practice has a strong referral base due to its establishment in the community. More mental health services are being added through existing physician training and additions of mental health providers.

Owings Mills, Maryland is a suburb of Baltimore, Maryland. Owings Mills is home to the Baltimore Ravens and a campus of Stevenson University. Mill Station is a 620,000 sq. ft premier shopping, dining and entertainment venue and a redevelopment of the former Owings Mills Mall. Everything one needs in a quiet community with bigger city metropolitan flair minutes away.

100% Bank Financing Available with approved credit.

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Financials (USD)

Asking Price $800,000

Cash Flow Not Disclosed

Sales $1,900,000

Deal Terms

Represented by broker? Yes

Buyer Fee? Available On Request

Seller Financing? Available On Request

Willing to co-broke? Available On Request

Principals only? Available On Request

Franchise? No

Management will stay? Yes

Relocatable? Available On Request

Real Estate? No

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