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Pain Management/Medical Practice/Neurosurgery

Business Type Pain Management/Medical Practice/Neurosurgery
Annual Revenue $1,500,000
Discretionary Earnings $450,000
Asking Price $310,000
Ref ID# FOR109
Seller Financing No
FFE
Inventory
Location Kentucky
Year Established 2004
Description 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.

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