Success Story: Sarasota Wellness & Medical Center

From Frustration to Full-Price Freedom

Client: Dr. Sheri Weinstein, Founder & Medical Director

Specialty: Concierge Internal Medicine & Functional Wellness

Location: Sarasota, Florida

Annual Revenue: $2,286,000

Members: 302

Practice Type: Concierge Medicine

The Challenge

After being listed with another medical practice broker for more than a year, Dr. Sheri Weinstein felt disappointed and frustrated. Despite the high-quality care her concierge practice delivered and a loyal patient base, the previous listing failed to generate serious buyer interest. Meanwhile, her dream—sailing around the world with her husband on their 55’ catamaran—remained docked in uncertainty.

In August 2023, she turned to Strategic Medical Brokers (SMB) with a clear goal:
– Find an exceptional internal medicine successor passionate about functional medicine
– Ensure continuity of care for her 300+ members
– Sell both the business and the real estate in a timely, coordinated transaction

Skeptical but hopeful, she gave SMB the green light.

The Process

SMB designed a custom marketing plan tailored to showcase the unique value of SWMC’s hybrid concierge model and high-margin functional medicine offerings. With a focus on confidential outreach and physician-aligned buyer screening, SMB built a profile of the ideal successor and activated its private network.

During the listing term, two highly qualified buyers entered serious discussions. By August 2, 2024, the practice went under contract at the Most Probable Selling Price (MPSP) projected in SMB’s initial valuation.

The Outcome

• Closing Date: December 31, 2024
• Total Transaction Value: $2,650,000
• Structure: Practice sold for $1,900,000 with real estate sold at market value
• Legacy: Every staff member retained; all 300+ patients transitioned
• Lifestyle Gained: Dr. Weinstein and her husband set sail—literally—into retirement

What This Means for You

If you’re a physician owner near retirement with dreams of travel, freedom, or simply more time with family, your ideal exit is closer than you think. Like Dr. Weinstein, you don’t have to settle for less—or go it alone.

📞 Schedule a Confidential Exit Planning Call
📥 3-Year Exit Planning Timeline Infographic
🔍 Explore Soft Listing Options