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Specialized Medical Clinic Based Near Illinois-indiana Border (4016) For Sale

Illinois, US
Asking Price:
$3,900,000
Sales Revenue:
$3,473,115
Cash Flow:
$840,130

Established in mid-2022, as an offshoot of a 15-year-old PE-backed chain of medical centers, this specialized vascular clinic is focused on niche procedures and is experiencing significant growth. The clinic is owned and operated by a renowned cardiac surgeon who will stay on after transition and is looking for a majority partner to help drive the next level of expansion. The clinic operates in a state-of-the-art leased facility with advanced medical equipment and specializes in minimally invasive stent placements and provides comprehensive consultations five days a week. Stent placements are performed 5 to 6 days per month. The dedicated team includes full-time and part-time staff, supported by a robust referral network, making it a compelling investment opportunity.
Investment Highlights -
Sales/Earnings:

  • 50% YoY growth in Year ’22-23
  • 2023: $1.9 Million Revenue; $0.4 Million EBITDA | $0.6Million Adjusted EBITDA.
  • 2024: $2.9 Million Revenue; $0.8 Million EBITDA | $0.9 Million Adj. EBITDA
  • 2025: $3,473,115 in Revenue; $840,130 in Seller’s Discretionary Earnings

Customers:
• Organic traffic. Most customers are referred to the practice.
Team & Assets:

  • Owner/ surgeon leads a core team of 3 FTEs and a flexible roster of part-time nurses and technicians. The team includes a Director of Operations, an RN, a front desk staff member, Physician Liaison/Marketing staff, and additional support for procedure days, totaling 10 PTEs, all of whom will stay post-sale.
  • The clinic is equipped with state-of-the-art Philips and Samsung medical equipment, including ultrasound machines, recovery carts, patient monitors, crash carts, and a C-arm with IVUS tower.

Growth Opportunities:

  • Increase procedure volume by adding more procedure days per month. There is currently a high patient load/ excess demand.
  • Introducing new diagnostic and treatment services to boost revenue and patient throughput.
  • Opening 2nd clinical location once a second attending is brought on. About a $350k investment in capex.
  • Geographic expansion and enhancing the referral network can attract new patients and broaden the clinic's reach.

Property Information

Real Estate:

Lease

Premises Details:

Listing includes Working Capital of $40K.

Size in square feet:
2,600+/-

Business Operation

Reasons for selling:

Approaching retirement and/or pursuing other interests.

Trading hours:

N/A

Employees:
4 full time.
Years established:
N/A.

Other Information

Support & training:

Standard transition.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Standard SBA-term financing will be negotiable for qualified buyers.