Nursing Specialists: PICC, Midline, PIV Insertion

Not Disclosed, IA


Asking Price: Annual Revenue:
$438,000 $609,228

Services: Medical, Dental


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RE: Nursing Specialists: PICC, Midline, PIV Insertion Broker: Seller of Business
Owner Financing is Available!
Purchase Price: $438,000 10% Buyer Down Payment: $43,800 15% Seller Financing: $65,700 75% Bank Loan: $328,500 A 10% down payment of $43,800 returns $68,255 in the first year after debt payments!

Quick Facts

Asking Price: $438,000
Annual Revenue: $609,228
Net Profit: Not Disclosed
Cash Flow: $134,757
Total Debt: Not Disclosed
FF&E: $57,000
Real Estate: Not Disclosed
Year Established: 2009
Employees: 17
BBN Listing #: 840334398
Broker Reference #: HEA032

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Business Overview:

This dynamic team of registered nurses specialize in placing PICC lines, Midlines, and PIVs in the Central Midwest. Working remotely as well as from a central office, the eight insertion nurses (two Full Time, two Part Time, seven as needed) and the eight infusion nurses (one Full Time, seven as needed) provide patients with care within 24 to 48 hours of receiving a physician’s order. Specialists receive three months of training before they are accepted onto the team, ensuring highly-educated individuals are performing these critical patient services. Infusions are completed at the patient’s residence, whether it’s their personal home, a senior living campus, rehabilitation center, or infusion clinic. Procedures are performed at acute care hospitals and critical access hospitals, doctor’s clinics, or long term care facilities. About 70% of annual revenue can be attributed to insertions, while 25% are earned through administering infusion therapies. All charges for the procedures and infusions are paid for by the facility, physician, pharmacy, or hospital, so there is no need to work directly with insurance companies.

Operations are managed from the headquarters, which contains five offices, a waiting room, one large training room, as well as a kitchen and two bathrooms. Some employees work from this location, while other work remotely. Training classes are held at this location or on-site at a clinic or facility.

The business is dependent on generating contracts with health systems, clinics, and residential facilities. Networking with local providers or health systems within the three-state radius, especially rural facilities with fewer resources, may lead to new contracts.

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Property Features and Assets:

1,000 square feet: Waiting room, five offices, training room, kitchen, 2 bathrooms.

Market Competition and Expansion:

Increase the number of infusion therapy patients, network to generate new contracts.

Reason for Selling:

Retirement planning.

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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