Hematology/Oncology Practice for Sale

Not Disclosed, AZ

Northern Arizona


Asking Price: Annual Revenue:
$4,000,000 $5,078,483

Services: Medical, Dental


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RE: Hematology/Oncology Practice for Sale Broker: Shaun Rudgear
License #: BR008458000
Owner Financing is Available!
10% Seller financing available to qualified buyers.

Quick Facts

Asking Price: $4,000,000
Annual Revenue: $5,078,483
Net Profit: Not Disclosed
Cash Flow: $710,311
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 11
Employees: 7
BBN Listing #: 413160114
Broker Reference #: Not Disclosed

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Business Overview:

Great Opportunity; a lucrative, well respected, and expanding Hematology Oncology practice in Northern Arizona with projected gross revenues of over $6.2M. It has various services, including hematology, oncology medical care with six exam rooms, infusion/chemotherapy suite with twelve chairs, dispensing pharmacy in-office laboratory.

The practice is centrally located in a rapidly expanding tri-state area of approximately 80,000 - 100,000 population with a broad base of patients, extensive referral network, excellent payer mix, strategic contracts, and maximal reimbursement. The practice operates very efficiently with two providers seeing 500-600 patient-encounters per month, top-rated oncology EMR system, excellent billing service with a high collection rate. This practice is open five days a week with 24/7 coverage, stable full and well-trained staff, and is affiliated with two near-by hospitals.

It is an ideal opportunity for a strategic buyer to gain market share, maximize the revenue opportunities, and expand the practice.

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Property Features and Assets:

The office has recently relocated into a state of the art facility of 3,300 Square Feet, compliant with USP-800 standards in a professional and prestigious building with a built-out suite for radiation therapy or imaging facility.

Market Competition and Expansion:

Despite the patient volume and revenue, the practice has not yet maximized its potential. The current owner has worked hard to establish this successful practice 15 years ago and is willing to remain with the new owner for a successful transition.

Reason for Selling:

Retiring

Additional Details:

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

Relevant Links:

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