Established Radiology Practice for sale
Price: $3,500,000
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.