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Multi - Modal Imaging Center On The West Coast

Location  United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $296000
Net Profit / Cash Flow  $2600
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2006
Number of Employees  1 - 3
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Leased
Training  Full training. Can stay on as minority partner.
Reason for Sale  Thinking of relocation.
Description  Tech - 3228: Multi-modal Imaging Center on the West Coast - Acquisition / Partnering Opportunity This is an independent imaging center located in a very desirable metropolitan area on the West coast. The center provides imaging services (MRI, MRA, simulated weight-bearing and positional MRI tests and X-Ray modalities) for testing of patients. Patient referrals to the center come from physicians of various specialties (internal medicine, general practice, orthopedics, anesthesiology etc.), chiropractors and attorneys who deal with personal injury and workers compensation cases. The Center has been in business for last five years. The Center has managed to keep the overheads low. The Company has continued to provide MRI and X-ray services as its core modalities. This center prides in providing a high quality imaging service. They provide patients with prompt and caring services. In order to thrive, imaging centers have had to identify their niche. As baby boomers age, there will be greater demand for more imaging services. This center has identified its niche. They provide services for small to medium practices in their geographical areas as well as establishing contracts with solo physicians and chiropractors. To consolidate this referral area, the Center has also contracted with third party payers, health insurance companies, workers comp insurance companies and personal injury attorneys. With this broad base of clientele, they are able to keep cash flow steady despite fluctuation in the overall industry. Great Turn-Key Opportunity The owners are sensitive that although they provide excellent service, they have been running the center at close-to break-even point. However, there is significant potential in this center for any buyer who can do better marketing. There is no other center within 2 miles and there is scope of business expansion with more effective and aggressive marketing.
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