Well Established Cardiology and Internal Medicine

Not Disclosed, SC

Asking Price: Annual Revenue:
$700,000 $788,200

Services: Medical, Dental

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RE: Well Established Cardiology and Internal Medicine Broker: Ashish Bhatt

Quick Facts

Asking Price: $700,000
Annual Revenue: $788,200
Net Profit: Not Disclosed
Cash Flow: $337,398
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 460026891
Broker Reference #: Not Disclosed

Email or Print Listing

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Business Overview:

This well-established single-practitioner practice was established more than 10 years ago as the only board-certified specialist practitioner offering cardiology and internal medicine care within a 20-mile radius. The owner has built and maintained a reliable and growing patient base despite the challenges of the Covid-19 pandemic. There have been approximately 1,600 unique patients on the active patients list over the past two years.

The practice averaged $934,000 in revenue over four years from 2019 to 2022. This outpatient practice attracts customers via word-of-mouth only without direct marketing to the service area. Most Commercial Insurances and Medicare are accepted resulting in a patient base containing less than 1% of self-pay or Medicaid.

Owned and founded by a reputable licensed cardiologist, supported by an office manager, 1 Lead Medical Assistant, and 3 other staff. The practice serves adults, and its main services include cardiology and internal medicine care including in-office cardiology testing, nuclear stress tests, echocardiograms, vascular ultrasounds, and rhythm monitors.

The owner works 30 hours a week Monday through Thursday with all Fridays off and he has no on-call or hospital duties.

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Market Competition and Expansion:

There is no competition in the area since no other practices offer both cardiology and internal medicine.

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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