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.



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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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