Multimodality Radiology Center

Miami, FL


Asking Price: Annual Revenue:
$1,800,000 $1,055,988

Services: Medical, Dental


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RE: Multimodality Radiology Center Broker: Ashish Bhatt

Quick Facts

Asking Price: $1,800,000
Annual Revenue: $1,055,988
Net Profit: Not Disclosed
Cash Flow: $420,886
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 399126891
Broker Reference #: Not Disclosed

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Business Overview:

Radio is a multimodality imaging center that provides a wide array of diagnostic services, including CT scan, Ultrasound, Digital X-Ray, Bone Density, and Digital Mammography. The business is located in a prime neighborhood, surrounded by many doctors’ offices and hospitals. There is also a significant diversification in a referral base from many sources. Known for its top-notch patient care, the center often sees highly successful individuals, including professional athletes and celebrities, who have many other choices for their imaging needs.

The company has generated over $1m in revenues in 2021 with a 40% SDE margin. It has grown from a single modality of imaging and no insurance contracts to over 100 contracts and 11,000 examinations each year.

Employees: The company has 11 employees, five full-time and six part-time. This includes 4 Office Staff, 1 MRI tech, 2 CT techs, 2 US techs, 1 X-ray-DEXA tech, 1 Mammography tech, and 1 Radiologist.

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Market Competition and Expansion:

In the Miami area where Radio is located, there are a few outpatient imaging centers. Very steady competition and all centers are maxed out in terms of the volume of patients they can do per day. Also, there is a strong barrier to entry in the imaging market since most major insurance contract panels are closed, and a large population of patients and doctors prefer to refer their patients to imaging centers that accept many forms of insurance. The differentiator for Radio is its quality of service in a boutique-type atmosphere.

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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