Even profitable clinic owners are exhausted. They’re tired of constant staff turnover, watching their best clinicians leave to become competitors, and dealing with everyone’s personal problems. The pressure is wearing them down even when the numbers look good.
Paul and Soroush have closed over 170 physical therapy and chiropractic clinic sales and built a chain of 127 clinics with 1,400 employees. They’re closing $45-50M in deals this year alone. In this episode, they reveal the top 3 mistakes that tank clinic sales, what sellers should never say during negotiations, and the real deal structure of cash plus deferred amount plus performance earnout.
You’ll learn the prep work that cuts closing time in half and why clean books beat aggressive add-backs. Discover how the private marketplace gets you access to top buyers willing to pay premium multiples. Find out if there’s an optimal age to sell, who’s actually buying physical therapy and chiropractic clinics right now, and why buying a clinic for sale beats starting from scratch.
You’ll hear actual deal breakdowns including a $500K clinic with 50 interested buyers, a $1.5M sale that gained $400K from first offer, and a $10M group that closed at 8.1x multiple. This episode gives you the framework buyers actually use to value practices in 2026. No fluff. Just numbers, structure, and what works.
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(01:00) Introduction to Clinic Transactions
(02:56) Current Market Trends and Owner Sentiments
(06:55) Challenges in Clinic Ownership
(10:12) Preparing for Sale: Key Mistakes
(16:00) Emotional Factors in Selling Clinics
(21:50) Critical Steps Before Selling
(24:49) Reasons for Deal Collapses
(30:48) Understanding Buyers in the Market
(34:18) Strategic Priorities in Business Acquisitions
(37:11) Understanding Valuation Multiples
(40:07) Market Changes and Valuation Trends
(42:56) The Importance of Multiple Offers
(46:03) Navigating Private Marketplaces
(50:11) Case Study: Selling a Clinic for Half a Million
(58:30) Case Study: A Million Dollar Clinic Sale
(01:04:20) Buyer Fatigue and External Variables
(01:04:56) Positioning and Storytelling in Business Sales
(01:06:40) Understanding Earn-Out Structures
(01:10:10) The Importance of Leadership in Business Sales
(01:11:40) The Role of Storytelling in Business Valuation
(01:13:25) Navigating Emotions in Negotiations
(01:23:02) Selling Trends Across Different Age Groups
(01:25:19) Red Flags in Financial Statements
(01:34:11) Preparing Your Business for Sale