Profitable Open Mri Centers for sale - Philadelphi

Not Disclosed, PA
Philadelphia County

Metro Philadelphia

Asking Price: Annual Revenue:
$6,000,000 $11,856,000

Services: Medical, Dental

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RE: Profitable Open Mri Centers for sale - Philadelphi Broker: Joe Coculo
Owner Financing is Available!
May consider with right offer.

Quick Facts

Asking Price: $6,000,000
Annual Revenue: $11,856,000
Net Profit: $989,256
Cash Flow: $989,256
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2011
Employees: Not Disclosed
BBN Listing #: 100526891
Broker Reference #: Not Disclosed

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Business Overview:

Established since 2011 specializing in MRI 's for personal injury and all major medical insurance and workers compensation. These 8 facilities operate as open MRI centers. Patients can be scanned in almost any position such as flexion or extension (to name but 2 of many) such that ligamentous instabilities can be seen where missed in any other MRI (closed or open.) The added benefit of most MRIs in a Fonar are performed seated while watching TV (being the quietest MRI in the market) helps attract otherwise claustrophobic patients.
This absentee company is well-maintained by leadership with regards to marketing, machine maintenance, billing and collections (inhouse), insurance contracts, bookkeeping. Business is acquired thru loyal Attorneys, Doctors,word of mouth and our SEO/website. They are one of the largest providers of open MRI services within the Philadelphia area. All 8 facilities are sold as a package.

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Property Features and Assets:

8 separate leases being provided. Most through 2028 with options to renew, etc

Market Competition and Expansion:

Company is the DOMINANT competitor in our market. No one else has Fonars. No one else has as many locations. Our referring physicians are loyal and we cater to their patients promptly.

Reason for Selling:

Other Interests.

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.

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