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Case Study: Acquisition of a Legacy Concierge Medical Practice

December 22, 2025 by Michael Shea PA

1. Executive Summary

  • Concierge Medical Practice
  • Location: Orlando, Florida

  • Listing Price: $1,300,000

  • Sale Price: $1,200,000

  • Structure: Stock Sale

  • Financing: SBA Loan

Business Overview

Established in 1995, this practice built a three-decade reputation serving the Central Florida community. Unlike traditional practices reliant on insurance reimbursements, this clinic operated on a private fee-for-service model, providing a stable and predictable revenue stream.

  • Facilities: A 2,000 sq. ft. office located on Turkey Lake Road, near the Disney/resort corridor.

  • Operations: Managed by a non-medical professional owner working approximately 15 hours per week, supported by two managers and two full-time employees.

Financial Profile

The practice demonstrated consistent growth leading up to the sale:

  • 2025 Annualized Revenue: $1,604,541

  • Seller’s Discretionary Earnings (SDE): $410,091 (2025 annualized)

  • 2024 SDE: $332,894

  • Assets Included: Approximately $100,798 in Inventory and FF&E (medical equipment and furniture).

Deal Structure & Financing

The transaction was uniquely structured as a stock sale, which is often preferred in healthcare to ensure the continuity of medical licenses, provider numbers, and existing contracts without the need for complex re-credentialing required in an asset sale.

  • SBA Financing: Despite the “Stock Sale” structure (which can sometimes be more complex for SBA lenders), the business’s strong cash flow and 30-year history made it an ideal candidate for a government-guaranteed loan.

  • Valuation: The final sale price of $1.2 million represents a multiple of approximately 2.9x SDE, a competitive rate for a turnkey, semi-absentee healthcare business in a high-growth market.

Strategic Growth Opportunities

The buyer inherited a “primed” business with several immediate levers for expansion:

  • Telemedicine: Expanding out-call services digitally.

  • Weight Loss & Specialized Wellness: Leveraging the existing affluent client base for high-margin ancillary services.

  • Geographic Expansion: Utilizing “locum” subcontractors to extend the concierge footprint throughout Florida.

The sale of this practice  underscores the resilience of the concierge medicine sector. By utilizing SBA financing to complete a stock purchase, the buyer secured a legacy institution with immediate cash flow while maintaining the operational integrity of a 30-year-old brand.


Michael Shea represents the Tampa Florida Transworld office. In business since 2005, he has established a reputation as a trusted business broker across Florida’s key markets- from Tampa to Orlando, Melbourne, and more. Over the past two decades, Michael and his team have closed over $1 Billion in sold business volume and presided over more than 450 transactions. His credentials include the IBBA Certified Business Intermediary®, and most recently, the prestigious Certified Exit Planning Advisor® (CEPA) credential.

Filed Under: Case Study, michaelshea, Tampa Business Sales, tampabusinessbroker, transworldbusinessadvisors Tagged With: 2.9, cepa, concierge, doctor, ibba, locum, mdpractice, medical, michaelshea, nurse, orlando, sba, stock, tampa, Transworld, transworldbusinessadvisors, valutaion

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