Established Urology Practice for sale Tampa Bay FL

Spring Hill, FL
Hernando County

40 miles North Tampa Airport 8 Miles to Gulf


Asking Price: Annual Revenue:
$129,900 $707,556

Services: Medical, Dental


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RE: Established Urology Practice for sale Tampa Bay FL Broker: Vincenzo LoCricchio CBI / BCI
License #: BK-624725

Quick Facts

Asking Price: $129,900
Annual Revenue: $707,556
Net Profit: $293,958
Cash Flow: $293,958
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 2007
Employees: 3
BBN Listing #: 26858855
Broker Reference #: BBF-878-00042

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Business Overview:

Established Solo Urology Practice in Medical Arts Building on Hospital Property. In 2019 Seller reduced his workload and only opened office for 4 days and a total of 32 hours per week. The Practice uses E-Clinical Works for both EMR and Practice Management. 3,852 Patients seen in 2019 of which 45% are Medicare and the balance are Private Insurance. Zero Medicaid Patients. 3 Exam Rooms Plus Surgery Room, Lab and room to grow. In office Procedures include Cystoscopy, Stent Removal, TUMT, Transrectal Ultrasound, Prostate Biopsy, Urodynamics, Vasectomy, Laser Vaporization, and Renal Ultrasound. All the Staff have been there for 10+ including a Office Supervisor / Manager, Receptionist / Front Desk and a Medical Assistant. Seller will work with Urologist Buyer for a smooth transition. Buyer could grow the business by opening the office 5 days per week, add a ARNP or PA to accept patients that are moving into the area or being turned away. Buyer could also get Surgery Room Certified to a ASC Ambulatory Surgery Center and charge Surgery Center Fees.

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Property Features and Assets:

2,500 sq ft in in Medical Arts Building on Hospital Grounds. There is room to add additional exam rooms.

Market Competition and Expansion:

Fast Growing and aging area. Close to Beach, 40 miles north of Tampa Airport. Small Town lifestyle with big city income potential.

Reason for Selling:

Retirement

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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