"REDUCED" Cardiology Practice w/seller financing or SBA

Asking Price$750,000

Cash Flow
$385,234
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,160,634

Inventory$1,200
Included in asking price
FF&E$60,000
Included in asking price
Real EstateNot Disclosed

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"REDUCED" Cardiology Practice w/seller financing or SBA


Asking Price$750,000

Cash Flow
$385,234
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,160,634

Inventory$1,200
Included in asking price
FF&E$60,000
Included in asking price
Real EstateNot Disclosed


Seller Financing Available
Business Description
REDUCED - Est. Cardiology practice since 1998. Services consisting of Simple Stress Test, Nuclear Stress Test, Echocardiograms, Peripheral vascular studies, Holter and Event Monitors, Pacemakers along with a Coumadin Clinic known as an anticoagulation or warfarin clinic. Consistent collections $1M to $1.2M with the doctor not doing any hospital calls. Doctor willing to stay on 2-3 days a week. SBA Pre-qualified with only $85K down. Property available ($600K) and prefers to sell with practice, but open to a lease.

Sellers will finance to another cardiologist with only 40% down.
About the Business
Years in Operation
27
Employees
9
Facilities & Assets
Office condo space consisting of 4200/sqft. with 5 exam rooms.
Opportunities for Growth
Growth by doing hospital calls that the doctor does not do.
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
4,200
About the Sale
Seller Motivation
Semi-Retire. Cut back hours.
Transition Support
Doctor prefers staying on 2-3 days a week.
Financing Options
Seller financing with 50% down @ 9.5% over 3 years.
Listing Info
ID
2231165
Listing Views
1503

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Business Listed by: Dave Cozzocrea Southeast Business Advisors

Listing ID: 2231165 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.