Pain Management, Medical Practice, Back Center
Location Kentucky,United States
Asking Price Range < $250K
Gross Revenues $738000
Net Profit / Cash Flow $222000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1999
Number of Employees 6 - 9
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Leased
Training Support & training provided.
Reason for Sale Seller owns multiple locations & wishes to sell one.
Description This pain management/back treatment/neurosurgical focused medical practice for sale 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 1999. The current owner(s) is willing to assist in transitioning of the practice. Based on the Medical Practice (none MRI revenue) the center produced $175,000 revenue per year while operating one day per week. If the center were to be open 5 days a week it would yield approximately $738,000 or more of revenue per year operating as a medical practice resulting in approximately $222,000 of owners discretionary earnings or more. Asking Price $190,000
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