Established Clinical Research Opportunity

Johnson City, TN
Washington County

North Johnson City

Asking Price: Annual Revenue:
$850,000 Not Disclosed

Services: Medical, Dental

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RE: Established Clinical Research Opportunity Broker: Seller of Business

Quick Facts

Asking Price: $850,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 46762472
Broker Reference #: Not Disclosed

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Business Overview:

Research clinic locally owned and operated for over 20 years. Located in North Johnson City. Beautifully decorated office with a lab, 5 exam rooms, a lobby area, 2 bathrooms and 3 offices for management/employees. Currently employs an experienced clinic manager and a research coordinator who could possibly be employed by the new owner/owners.

The Primary Investigator (PI) is ready to retire and this could be a great opportunity for an M.D. with research experience and knowledge or for someone wanting to get into the research industry.

Clinical trials/studies are limitless based on a PI’s interest and time. We usually only had 2-3 studies at a time due to the fact that the PI worked full-time at his practice but the average annual revenue for the last 5 years was still at $250k and the revenue was $498k in 2016 alone. This is a very lucrative industry and is ever growing. The clinic is in a building that could be rented by the owner.

All furnishings, computers and supplies are included in the sale price.

Valuation for the business in January 2020 was $875,000 but asking $850,000.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Additional Details:

  • The property is owned.
  • 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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