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Well Established Radiology Practice In McHenry County For Sale

McHenry County, Illinois, US
Asking Price:
$3,500,000
Sales Revenue:
$4,012,000
Cash Flow:
$1,011,000

This reputable radiology practice has been in business for more than 50 years serving hospital clients within a 30-mile radius.

This practice provides the following modalities: X-ray, CT, MRI, Nuclear Medicine, Ultrasound, Mammography, Vein Procedures, Interventional procedures – biopsies, paracentesis and thoracentesis, and PICC lines.

The ideal buyer will have radiology experience.

The new owner can easily grow this practice by marketing to additional hospitals and offering new virtual-related services (which the seller can help launch).

The seller is planning on eventually retiring; however, he would be happy to stay on as an employee and/or consultant after the transition period. The existing 8 employees will continue in their roles, ensuring operational continuity.

Please Note: Only buyers with medical experience will be considered.

Property Information

Real Estate:

Lease

Business Operation

Expansion Potential:

Easy to expand by reaching out to more hospitals and offering virtual-type services (seller will explain). Currently, all business is via word-of-mouth and referrals.

Competition / Market:

Very little competition since they have contracts with area hospitals.

Reasons for selling:

Semi-retirement

Employees:
8

Other Information

Support & training:

The seller is planning on eventually retiring; however, he would be happy to stay on as an employee and/or consultant after the transition period. - The other 8 employees will continue in their roles, ensuring operational continuity.