An independent Ambulatory Surgery Center Feasibility Study evaluating a ambulatory surgery center conversion in Maitland–Winter Park–Orlando corridor, Florida.
MAITLAND–WINTER PARK–ORLANDO CORRIDOR, Florida — Wert-Berater, Inc., an independent feasibility study consulting firm serving lenders and government agencies since 1998, has completed a Ambulatory Surgery Center Feasibility Study in Maitland–Winter Park–Orlando corridor, Florida.
Wert-Berater served as independent feasibility consultant to the offering’s sponsor and its advisors. Party names are withheld consistent with the confidential nature of underwriting and capital-advisory work; figures represent the project as evaluated at the study date.
Investment prospectus and advanced capital feasibility analysis supporting a physician equity offering for the repurposing and clinical refitting of an existing four-story, 62,259-gross-square-foot medical office building in the Maitland–Winter Park–Orlando corridor into a licensed ambulatory surgery center — among the larger physician-aligned ASC platforms modeled at up to 30 operating rooms and procedure suites at full buildout. The analysis was prepared to the standard of scrutiny applied in private placements under Regulation D and in SBA-financed healthcare transactions.
The phasing logic drives the economics: Phase I refitting of approximately $5,800,000 activates operating rooms on the first and second floors; Phase II adds capacity to roughly 15–18 active rooms at approximately $2,200,000 — about 24 percent of total capitalization — because core systems and shared clinical infrastructure are already installed; and a final phase brings capacity to the low-to-mid 20s at approximately $1,000,000, with incremental cost per operating room declining materially at each step. Revenue modeling spans payer mix, reimbursement differentials between hospital outpatient departments and ASCs, and an aggregate contractual adjustment of approximately 15 percent.
Total capitalization of approximately $9,000,000 comprising SBA-backed senior debt of approximately $6,500,000 and physician equity, with leverage intentionally conservative relative to projected cash flow. The waterfall analysis modeled equity raise scenarios, ownership dilution, and distribution timing across operating and exit cases, including the personal-guarantee considerations that attach to SBA-backed financing.
A prospectus for physician investors demands different discipline than a lender study: every return figure had to be presented with its risk counterpart. The analysis therefore separated IRR from equity multiple explicitly — early exits trade total dollars for IRR while long-term holds reverse the trade — stressed the regulatory exposure of Medicare conditions for coverage and state healthcare regulation, and confined downside scenarios to return compression rather than capital impairment or debt stress. The engagement’s purpose was an informed determination of whether the project warrants investment, not a sales document.
Wert-Berater, Inc. is an independent feasibility study consulting firm founded in 1998, providing lender- and agency-facing feasibility studies, highest-and-best-use analyses, and capital-advisory support. The firm has completed 4,000+ engagements across all 50 states and internationally, evaluating over $41.2 billion in project value for SBA, USDA, EB-5, conventional, and institutional financing decisions. In every engagement, fiduciary duty runs to the lender and the applicable agency.
Media contact: Donald Safranek, MSc, President, Wert-Berater, Inc. — +1 310-857-2443 ext. 800. Press inquiries only; client, lender, and property identities remain confidential.
President, Wert-Berater, Inc. — independent feasibility study consultants since 1998. 4,000+ engagements completed across all 50 states and internationally, evaluating $41.2 billion in project value for SBA, USDA, EB-5, conventional, and institutional financing decisions. Fiduciary duty runs to the lender and agency in every engagement.
+1 310-857-2443 ext. 800 · email · 1968 South Coast Hwy, Ste 2382, Laguna Beach, CA 92651 · 111 Town Square Pl Ste 1238 PMB 657834, Jersey City, NJ 07310 · 539 W. Commerce St #8486, Dallas, TX 75208 · 66 W Flagler Street, Suite 900, PMB 12704, Miami, FL 33130
Schedule a ConversationIndependent feasibility studies since 1998 — 4,000+ engagements, $41.2 billion in evaluated project value. Standard delivery in 10 to 15 business days. Fiduciary duty to the lender and agency.
Legal disclosure. Wert-Berater, Inc. offices are mailing addresses only. Following the COVID-19 pandemic the firm has elected to work remotely; its office locations receive mail and are not staffed for visitors or in-person meetings. Headquarters mailing address: 1968 South Coast Hwy, Ste 2382, Laguna Beach, CA 92651.
Wert-Berater, Inc. is an independent provider of feasibility studies and other related services. The firm does not provide financing or equity investment advice, and does not arrange, broker, or place debt or equity capital of any kind.
All appraisal assignments are performed by Bruce E. Jones, MAI, ASA-GC, BCA, CMEA, a member of the Appraisal Institute since 2006, a staff member of Wert-Berater, Inc. and owner of Special Purpose Realty Valuation.