Troy, MI
Very Successful Medical Practice - Primary Care Medical Practice (Primary Care), Two Locations in the Metropolitan Detroit Area (Northeastern) Physicians: 2 Nurse Practitioners: 3 Support staff: 5...
Troy, MI
Very Successful Medical Practice - Primary Care Medical Practice (Primary Care), Two Locations in the Metropolitan Detroit Area (Northeastern) Physicians: 2 Nurse Practitioners: 3 Support staff: 5...
$3,359,000
Cash Flow: $1,052,579

Oakland County, MI
This busy chiropractic and wellness center is located in Oakland County, Michigan. The business helps clients improve their health, recovery, and overall well-being through chiropractic care and...
$499,999
Flint, MI
Medical Practice in Rheumatology Doctor/Owner works 4.5 days per and 1/2 day administration per month. Patient Count for year 2024 was 2506. Patient total visits for the year 2024 was 4,228 Majority...
$985,000
Cash Flow: $369,659

Dearborn, MI
Remarks: This is a great opportunity for new dentists who want to have his/her Dental practice or for a dentist who wants to open his/her Satellite office in East Dearborn, Michigan. The dental office...
$240,000
Cash Flow: $150,000
Lansing, MI
Selling 1 of 4 clinics that we own in Western Michigan. With other business commitments and owner now located outside of Michigan, we will be selling this location. If interested, a deal for all four...
$125,000
Michigan
Presented for sale is a rare opportunity to acquire a regionally dominant mental health practice with a massive footprint across the state. Comprising five strategically located clinics, this business...
$1,200,000
EBITDA: $325,000
Michigan
A fully operational clinical toxicology testing laboratory serving healthcare providers throughout Michigan. The facility specializes in comprehensive drug screening and confirmation testing with fast...
$2,200,000
Cash Flow: $623,114
Troy, MI
Turnkey opportunity to acquire the assets of a thoughtfully designed children’s therapy and learning space in a prime location! Zoned CB (Community Business), the property supports a wide range of...
$45,000
Join the fastest growing mulit-billion dollar aesthetics industry with starting a body contouring med spa! You do not need to be a doctor or have a medical background. We teach you how to hire a...
Michigan
Not Disclosed
Available in Michigan
$90,000
REAL ESTATE INCLUDED
Detroit, MI
$280,000
Dearborn, MI
$450,000
Wayne County, MI
$295,000
Novi, MI
$449,900
Detroit, MI
$775,000
Michael C. Kelly
Mike Kelly & Associates, Inc.
Serving Macomb County, MI
Michael Kelly has been exclusively handling the sale of Class C licenses, Bars, Taverns, Restaurants and Property throughout the State of Michigan thru State Business Brokers, Inc./Mike Kelly & Associates, Inc. for the over 50 years. We have assisted buyers and sellers in over 1,000 transactions and have a list of experienced Attorneys and Accountants to assist you in your experience of purchasing a business.
Wayne County, MI
$349,000
Wayne County, MI
$349,000
Rochester, MI
$249,000
Oakland County, MI
$249,000
Allen Park, MI
$650,000
Available in Michigan
$200,000
Oakland County, MI
Not Disclosed
Michigan
$290,000
Oakland County, MI
$650,000
Detroit, MI
$480,000
REAL ESTATE INCLUDED
Kent County, MI
$1,199,000
Oakland County, MI
$1,500,000
Grand Rapids, MI
$756,000
Oakland County, MI
$649,000
Genesee County, MI
$199,000
Genesee County, MI
$199,000
Available in Michigan
$80,000
Sterling Heights, MI
Not Disclosed
| Market Overview | Listed for Sale |
|---|---|
| Number of Businesses Analyzed | 17 |
| Median Asking Price | $650,000 |
| Median Reported Revenue | $812,299 |
| Median Reported Seller's Discretionary Earnings | $216,120 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $349,000 | $650,000 | $1,199,000 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Medical Practices for sale in Michigan.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $441,029 | $176,607 |
| Median | $812,299 | $216,120 |
| Upper Quartile | $1,588,236 | $359,830 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Medical Practices listed for sale in Michigan.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.65 | 2.22 |
| Median | 0.80 | 2.73 |
| Upper Quartile | 1.16 | 3.52 |
| Find out what these types of businesses actually sell for with a BizBuySell Valuation Report | ||
FAQ's
How much does it cost to buy a Medical Practice in Michigan?
The median asking price for an established Medical Practice in Michigan is $650,000, though prices range from under $349,000 to well over $1,199,000.
How much do Medical Practices owners in Michigan earn?
The median reported revenue of Medical Practices in Michigan is $812,299 and owners earn a median of $216,120, which includes the owners salary and any other financial benefits they receive.
How do I value a Medical Practice?
Valuing a business is a complex process, but buyers and sellers often turn to the local market to understand how businesses are priced. Based on our most recent analysis of Medical Practices in Michigan, revenue multiples range from 0.65 to 1.16, with a median of 0.80. Earning multiples range from 2.22 to 3.52, with the median at 2.73. This means the typical Medical Practice in Michigan may ask for around 0.80 times its annual revenue, and 2.73 times its annual owner earnings.
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