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Established Radiology Practice for sale

Price: $4,500,000

Annual Revenue: $4,012,000

Net Cash Flow: $1,011,000

Industry: Health Care

Location: McHenry County, Illinois

This reputable radiology practice has been in business for more than 50 years serving hospital clients within a 30-mile radius.

This practice provides the following modalities:  X-ray, CT, MRI, Nuclear Medicine, Ultrasound, Mammography, Vein Procedures, Interventional procedures – biopsies, paracentesis and thoracentesis, and PICC lines.

The ideal buyer will have radiology experience.

The new owner can easily grow this practice by marketing to additional hospitals and offering new virtual-related services (which the seller can help launch).

The seller is planning on eventually retiring; however, he would be happy to stay on as an employee and/or consultant after the transition period. The existing 8 employees will continue in their roles, ensuring operational continuity.

Please Note: Only buyers with medical experience will be considered.

Listing Details

Reason For Sale:

Semi-Retirement, however, the seller is willing to stay on.

Training & Support:

The seller is planning on eventually retiring; however, he would be happy to stay on as an employee and/or consultant after the transition period. - The other 8 employees will continue in their roles, ensuring operational continuity.

Operation

Employees: 8

Location

Facilities Information:

Office space is leased at 2 area hospitals.

Summary

Competition:

Very little competition since they have contracts with area hospitals.

Potential Growth:

Easy to expand by reaching out to more hospitals and offering virtual-type services (seller will explain). Currently, all business is via word-of-mouth and referrals.

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