Healthcare Businesses & Nashville
We love to help people buy and sell businesses. And each industry has its own unique factors that make it appealing both to business owners and to consumers. This month we’re focusing on the healthcare industry. We’ve been very fortunate to broker several healthcare sales in the past 12 months and have learned a few things throughout the sales process.
Healthcare is a very attractive industry for buyers, especially in the Middle Tennessee market. Nashville has developed a leading reputation in healthcare, as noted by city-data.com:
Health care is one of Nashville’s top industries; according to the Nashville Health Council, the city is known as the nation’s health care center.
When Forbes magazine recently named Nashville on its Top 10 Places for Businesses & Careers, they also noted the strong healthcare market. With so much focus on the industry in area, investors & entrepreneurs look to Nashville for future opportunities. It’s easy to see why:
- Knowledgable workforce
- Central location to other industry resources
- Fast-growing market
- Strong tech skills development
Getting Out of the Market
Despite the interest from potential buyers, a problem we’ve run into with health & wellness providers is trying to get out of the market & into retirement. As baby-boomers move into retirement or 2nd careers, they need to be able to connect with those potential investors & young leaders. Unfortunately, there was a big gap in the brokerage market connecting these parties together.
We are excited to be a part of the solution to bring together people looking to buy a healthcare business and those who are ready to sell their healthcare business. In a partnership with Tony Corley, a former Ernst & Young manager and vice president at DSI Renal, we will be listing all healthcare related businesses on the Healthcare MarketMaker website.
As Tony said, “By providing real-time, transparent access to possible transaction partners identified based on location, practice, budget, initial valuation and other desired criteria, Healthcare MarketMaker is introducing a new, accelerated process for practice and equipment sales grounded in a proven model.”
If you’d like more information about our current healthcare business listings or to learn more about our business brokerage services, contact us at (615) 376-8909.