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Pain Management/Medical Practice/Neurosurgery

Florence, Kentucky (Boone County)

Services - Health, Medical & Dental | Services - Other Personal Services

Asking Price $310,000 Inventory  
Gross Income $1,500,000 Real Estate  
Cash Flow $450,000 Year Established 2004
FF&E N/A Employees N/A

* included in the asking price

** not included in the asking price

This pain management/back treatment/neurosurgical-focused medical practice was recently part of a larger group that included MRI and related imaging. Due to a CON (Certificate of Need) issue for operating MRI s the owners made a decision to stop performing MRI s. From its inception the medical center was open one day per week as a satellite location (staff including Doctors would travel from another location). This medical center specializes in every aspect of pain management and neurosurgery. The Center has experienced solid growth since its inception in 2004. The current owner(s) is willing to assist in transitioning of the practice. Based on the Medical Practice (none MRI revenue) the center produced $300,000 revenue per year while operating one day per week. If the center were to be open 5 days a week it would yield approximately $1,500,000 of revenue per year operating as a medical practice resulting in approximately $450,000 of owners discretionary earnings.

Facilities: Very new and upscale facilities near major freeway

Competition: Moderate

Growth/Expansion: Great potential for additional growth for a hands-on owner(s) as well as being opened from current one day to 5 days per week. Currently owned by absentee owners.

Financing: No

Support/Training: Yes

Reason Selling: Seller owns multiple locations and wishes to sell one of the locations.

Business For Sale By

Brian Mazar, MBA, CBI

502-244-0480 x24

Fortune Business Transfers & Acquisition

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