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Listed by:

Sunbelt of Naples and Fort Myers

Interventional Pain Management Practice In Florida For Sale

Florida
Asking Price:
$2,100,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,830,993 (USD)
Cash Flow:
$703,268 (USD)

This Pain management practice has been run by the same two Anesthesiologists for 23 years. With ample space to grow and a consistent stream of referrals the business only needs to add more practitioners to double or triple its annual volume. The business is referral-only and they do not accept any direct patients who call or walk in. Even so, this practice turns down more patients than it accepts and has been very selective when taking insurance. Currently, they do not take any medicare patients since there are more than enough patients who are referred with Cadillac plans.

Property information

Real Estate:

Lease

Premises Details:

7500.00

Size in square feet:
3800 sq ft

Business Operation

Expansion Potential:

The doctors have chosen to manage their work levels to the current level of business due to their age and lifestyle. Just accepting Medicare and more types of insurance will double the business assuming more PA's were hired.

Competition / Market:

There are 4-5 other Pain management groups in the area but none have been in town for as long this one.

Reasons for selling:

Retirement

Trading hours:

Days: M-F, Hours: 8:30-4:00

Employees:
Full Time: 10
Years established:
23

Other Information

Support & training:

One of the docs will remain on board for a couple of more years. The other will stay on for at least 6 months to help train his successor. There is a young, experienced Anesthesiologist that has expressed interest in coming on board as a junior partner and manager of this office.

Furniture / Fixtures value:
$139,681 (USD) - included in the asking price

Listed by

Sunbelt of Naples and Fort Myers

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