Are you thinking about selling your radiology business but don’t know where to begin? Maybe you own a radiology medical practice or perhaps a Medical Imaging Center. There are endless questions you probably have about the process and timing. Thankfully, Synergy Business Brokers can help you map the path toward selling your successful radiology company and starting the next chapter of your life.
The market for a radiology practice or center can be daunting, and the specificity of your expertise can make it hard to find the right buyer. Thankfully, Synergy has experience in selling niche healthcare businesses to buyers of all kinds. We have sold imaging centers and medical practices and can get your company into the right hands. As long as your radiology center has an annual net income between $250,000 and $10 million, we can help you sell it.
Our comprehensive, confidential marketing strategy gives our clients a leg up against our competition. Synergy wants to cast as wide a net as possible while still keeping your company’s identity and motivation to sell under wraps. A competitor or employee finding out could dampen the process and keep you from maximizing the business’s value. Your radiology businesses’ financials and sensitive information are not given out to prospects unless they have signed an NDA and been vetted by one of our senior brokers. Ideally, we want to garner multiple offers for your business so that you are better positioned to negotiate the best deal. Learn more about our 15-step sales process here.
It isn’t easy assigning a fair value to a radiology practice that you have poured years of your life into. Synergy understands the market and the fluctuating demand in certain industries and will be able to price your company to attract the most attention. Our brokers only get paid once your business is sold, so it’s in our best interest to find the right listing price and maximize your sale value. In order to give you a fair number, we have to take a look at the last three years’ tax returns as well as anything showing the company’s year-to-date; we make sure to keep all of the information you give us confidential and will provide you with a signed NDA before receiving any of the more sensitive info. The value of your business can be influenced by the amount of trusted and trained practitioners you have on staff, as well as equipment, real estate, and a steady flow of recurring patients.
Our process of finding buyers includes marketing across various sites like BizBuySell.com, Google.com, Yahoo.com, and Bing.com, but our secret weapon is our email list. We have a database with over 40,000 potential buyers who are looking to acquire companies just like yours. Some are wealthy investors, some are private equity, and some are existing healthcare providers and hospitals. We don’t discriminate when it comes to the types of buyers we bring to the table, so it’s important to keep an open mind when meeting with them.
So whether you have radiologists that meet with patients or you have MRI machines and other medical imaging equipment, we can help you to get the right buyer and price for your radiology business.
Our brokers sell successful radiology clinics throughout the country and worldwide. To start a confidential conversation, submit our easy online form or give us a call at (888) 750-5950 and we’ll set up a private consultation to get started.