New Listing Alert: $1.9M Physician-Supervised Medical Spa Hits the Palm Beach Market
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New Listing July 2, 20267 min read

New Listing Alert: $1.9M Physician-Supervised Medical Spa Hits the Palm Beach Market

A turnkey physician-supervised medical spa with $3.1M+ in gross revenue just listed in Palm Beach, FL at $1.9M. Here's what this deal signals about South Florida's booming healthcare market — and why serious buyers need to move fast.

JS

Jon Shilalis

Broker/Owner • IBBA Member • Business Brokers of Florida

Key Takeaways

  • A $1.9M physician-supervised medical spa just hit the Palm Beach market — and it's the kind of turnkey deal serious buyers dream about.
  • With $3.1M+ in gross revenue and a fully trained staff already in place, this listing checks every box for a strategic acquisition.
  • Palm Beach County is in the middle of a full-blown healthcare boom — $430M in new hospital construction and 99,000+ healthcare jobs don't lie.
  • EBITDA multiples have compressed to 12.7x nationally — meaning buyers have more leverage right now than they've had in years.
  • Florida ranks top 3 in the country for healthcare M&A activity. The window to get in at the right price is open — but not forever.

Transaction Details

BusinessPalm Beach Wellness & Aesthetics Center
IndustryHealthcare
LocationPalm Beach, FL
Sale Price$1,900,000

The Deal That Just Dropped in Palm Beach

Let's cut right to it. A physician-supervised medical spa and wellness practice in Palm Beach, Florida just came to market at $1,900,000 — and if you've been watching the South Florida healthcare space, you know this is exactly the kind of listing that moves fast.

We're talking $3,167,896 in gross annual revenue, $424,452 in adjusted annual earnings, a fully trained staff, an established patient base, and a turnkey operation that's already humming. This isn't a fixer-upper. This is a business that's already working — and someone is about to step into it.

The question is: will that someone be you?

What's Actually Inside This $1.9M Palm Beach Listing

Here's what makes this particular healthcare business stand out from the dozens of listings floating around South Florida right now. The practice operates under a physician-supervised model — which is the gold standard in the medical spa world and a critical differentiator from the unlicensed wellness centers that keep popping up and getting shut down.

Services include hormone replacement therapy (HRT), aesthetic injectables like Botox and Dysport, IV nutrient therapy, and regenerative wellness protocols. These aren't fad services — they're the core of what high-income patients in Palm Beach are actively seeking and paying premium prices for.

The business is positioned as a full turnkey acquisition. Trained staff. Established protocols. Existing patient relationships. You're not building from scratch — you're inheriting a machine that already runs.

The Numbers That Matter

Let's talk multiples for a second, because this is where it gets interesting. Nationally, healthcare M&A is seeing EBITDA multiples compress to around 12.7x and revenue multiples sitting at roughly 3.04x TEV/Revenue. That's buyer-friendly territory compared to where we were two years ago.

At $1.9M on $424K in adjusted earnings, this listing is priced at approximately 4.5x SDE — which is competitive for a physician-supervised practice in a premium market like Palm Beach. You're paying for the brand, the location, the patient base, and the regulatory compliance that took years to build.

That's not a number you negotiate away. That's a number you understand.

Why Palm Beach Is the Right Market Right Now

Look, here's what nobody tells you about buying a healthcare business in South Florida: the market context matters as much as the business itself. And right now, Palm Beach County's healthcare context is about as strong as it gets.

The county is in the middle of a full-blown healthcare infrastructure boom. Universal Health Services is dropping $430 million on the Alan B. Miller Medical Center in Palm Beach Gardens, scheduled to open in 2026. Jupiter Medical Center just completed a new five-story surgical tower. Tenet Healthcare is upgrading its existing facilities across the county.

This isn't coincidence. This is capital following demographics. Palm Beach County has 1.55 million residents and growing — with a significant percentage aged 65 and older who are actively seeking premium wellness and aesthetic services. The demand isn't going anywhere.

The Employment Picture Tells the Story

Healthcare is the number one industry by employment in Palm Beach County, accounting for nearly 100,000 jobs. That's not a sector that's fragile or speculative — that's the backbone of the local economy.

When you buy a healthcare business in this market, you're not betting on a trend. You're buying into the most essential, most recession-resistant sector in one of Florida's fastest-growing counties. That's a different risk profile than most acquisitions.

Who's Actually Buying Healthcare Businesses in South Florida Right Now

So what does this deal actually tell you about the market right now? A lot, actually.

Florida ranks in the top three states nationally for healthcare M&A activity, trailing only California and Texas. The buyers in this market aren't just local operators — they're private equity groups, physician groups looking to expand their footprint, and international investors (this type of listing is often eligible for E-2 Investor Visa consideration, which opens the door to a global buyer pool).

The competition for quality listings is real. Broward County, Miami-Dade, and Palm Beach are all seeing elevated interest from strategic acquirers who understand that outpatient, value-based care is where healthcare is heading — and they want to own the infrastructure before the consolidation wave fully hits.

Good Florida healthcare deals do not sit on the market.

What Smart Buyers Are Doing Differently

The buyers who are winning right now aren't just throwing offers at listings. They're coming in with pre-qualified SBA financing, a clear operational plan for the transition period, and a realistic understanding of what physician-supervised practices require from a regulatory standpoint.

They're also working with brokers who specialize in healthcare — because the due diligence on a medical practice is fundamentally different from buying a restaurant or a retail shop. AHCA licensing, payer contracts, HIPAA compliance, physician supervision requirements — these aren't checkbox items. They're deal-makers or deal-breakers.

In cities like Fort Lauderdale, Boca Raton, and West Palm Beach, we're seeing buyers who do their homework close faster and at better terms than those who don't. The pattern is consistent.

What This Listing Signals for Healthcare Sellers in South Florida

If you own a healthcare business in Palm Beach, Broward, or Miami-Dade County and you've been thinking about selling — this is your signal. The market is active, buyers are qualified, and the infrastructure investment happening across the region is only going to increase the perceived value of established practices.

Real talk: the window where you can command a premium multiple for a well-run healthcare business is open right now. Stabilizing interest rates, a buyer-friendly SBA lending environment, and strong regional demographics are all working in your favor as a seller.

But markets shift. The compression in EBITDA multiples we're seeing nationally is a reminder that valuations aren't static. The time to sell at peak value is before everyone else decides to sell.

Getting Your Valuation Right

Most business valuations are garbage. There — someone said it. Too many healthcare business owners walk into a sale with a number they pulled from a conversation at a conference or a quick Google search, and they leave money on the table or price themselves out of the market entirely.

A proper healthcare business valuation accounts for adjusted EBITDA, patient retention rates, payer mix, regulatory standing, staff stability, and market comparables — not just gross revenue. In Palm Beach County, where the demographics support premium pricing, getting this right can mean the difference of hundreds of thousands of dollars in your final sale price.

The Bottom Line

This $1.9M Palm Beach medical spa listing is a snapshot of exactly where the South Florida healthcare market is right now: strong fundamentals, qualified buyers, and a regional growth story that's only getting bigger. Whether you're a buyer looking for your next acquisition or a healthcare business owner thinking about your exit, the market is speaking clearly.

At Sun Biz Broker, we specialize in connecting serious buyers with quality healthcare listings across Palm Beach, Broward, and Miami-Dade counties. If you want to explore what's available — or get a real valuation on what your practice is worth — visit sunbizbroker.com or reach out directly. The deals that matter don't wait around.

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