Radiology Practice
Location Michigan,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1650000
Net Profit / Cash Flow $576428
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 2004
Number of Employees 6 - 9
Inventory 600000
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training Yes owner will train.
Reason for Sale Retirement.
Description Profitable Radiology practice for sale is located in a 50,000 square foot medical office building in Utica, Michigan 25 miles north east of metro Detroit. Building residents include, South East Michigan's largest Urology practice, Oncology, Colo Rectal Surgery, Nuerology, Internal Medicine and OBGYN. Practice includes Toshiba 16 slice CT scanner, ADAC dual head Nuclear Medicine Camera, GE general diagnostic room.
Facility has modern high end furnishings and appointments.
Volume
CT. 2,400 exams annually
Nuclear Medicine 800 exams annually
Web based PACS system, images can be viewed and dictated from anywhere.
Billing System
Registration System
Year Revenues Net Income EBITDA
2005 $1,500,000 $133,000 $492,000
2006 $1,620,000 $191,000 $515,533
2007 $1,650,000 $535,000 $576,248
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