Profitable Florida Cardiology Practice $895K 100% Physician Financing

Asking Price$895,000

Cash Flow
$492,734
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,863,280

InventoryNot Disclosed

FF&E$50,000
Included in asking price
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Profitable Florida Cardiology Practice $895K 100% Physician Financing


Asking Price$895,000

Cash Flow
$492,734
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,863,280

InventoryNot Disclosed

FF&E$50,000
Included in asking price

Seller Financing Available
Business Description
EXCEPTIONAL INTERVENTIONAL CARDIOLOGY PRACTICE - SOUTHWEST FLORIDA

Rare opportunity to acquire a distinguished 22-year interventional cardiology practice in one of Florida's most desirable coastal markets. The retiring physician-owner, trained at Harvard and Emory under angioplasty pioneer Dr. Andreas Gruentzig, has built a thriving practice with exceptional financials and unique market position.

FINANCIAL PERFORMANCE:

• $1,863,280 gross revenue (2024)
• $492,734 SDE (26.4% margin)
• Stable 5-year revenue history
• 90 concierge members generating $445,500 annually
• Strong payer mix: 50% Medicare, 25% commercial


UNIQUE PRACTICE FEATURES:

This is the ONLY cardiology practice in the area offering EECP therapy, providing a valuable differentiator and additional revenue stream. The innovative hybrid concierge model combines premium membership fees ($4,950/year) with traditional insurance billing, creating predictable recurring revenue while maintaining accessibility. The practice is one of only two covering both major area hospitals, ensuring superior continuity of care and broader referral base.


COMPREHENSIVE SERVICES:

In-Office: General cardiology consultations, EKGs, echocardiography, vascular ultrasounds, Holter monitoring, nuclear stress testing, pacemaker checks, EECP therapy, advanced lipid testing.
Hospital-Based: Cardiac catheterizations, PTCA/stent placements, cardioversions, daily rounds at both hospitals


OPERATIONAL STRENGTHS:

• 4,000 active patients plus substantial seasonal population
• 3 experienced APRNs managing routine care
• 20+ year practice administrator staying on
• Established referral network with local PCPs
• Greenway Intergy EMR fully implemented


IDEAL BUYER PROFILES:

1. Employed interventional cardiologists seeking private practice ownership
2. Large concierge practices wanting to incorporate cardiology services
3. Multispecialty groups expanding cardiovascular offerings
4. Strategic buyers capitalizing on aging demographics


LOCATION ADVANTAGES:

County population of 480,000 with median age 58 creates exceptional demand for cardiac services. The affluent retiree population (82% homeownership, $70K median household income) supports premium concierge model. Professional medical building location near both hospitals with ample parking. Major coastal community known for culture, beaches, and quality of life.


TRANSACTION HIGHLIGHTS:

• 100% financing available to qualified physicians
• $200,000 seller financing included
• Flexible transition assistance available
• Lease assignable at $8,808/month
• All equipment and assets included


This turnkey opportunity offers immediate cash flow, established systems, and tremendous growth potential. The combination of recurring concierge revenue, comprehensive diagnostic capabilities, unique EECP therapy offering, and privileges at both major hospitals creates exceptional value rarely available in today's consolidated healthcare market.

Contact broker for Comprehensive Information Memorandum and practice tour.

In Association with Strategic Medical Brokers LLC - Shaun Rudgear #BR008458000
About the Business
Years in Operation
23
Facilities & Assets
Single-story medical office with 5 exam rooms, 2 provider offices, dedicated ultrasound/stress lab, EECP therapy room, and pacemaker clinic. Professional building near both major hospitals with ample parking. Reception area, staff lounge, storage. Lease available $8,808/month through Aug 2026. Tumkey with all medical equipment included. Prime location in established medical district.
Market Outlook / Competition
Southwest Florida cardiology market driven by median age 58 and growing retiree population. US cardiology market projected 7.7% CAGR through 2030. Major competitors include large cardiology groups and multispecialty organizations, but they don't offer EECP therapy or cover both major hospitals. No hospital-employed cardiologists preserves independence. Practice's unique hybrid model and personalized care differentiates from larger groups. Growing demand from aging baby boomers ensures expanding patient base. Strong seasonal population adds revenue.
Opportunities for Growth
Immediate opportunities: Expand concierge program from 90 to 200+ members (high demand, mínimal marketing). Recruit additional physician with TEE/electrophysiology expertise. Market underutilized EECP therapy to referring physicians. Enhance digital presence and community outreach. Longer-term: Add cardiac CT/MRI capabilities. Develop heart failure clinic. Partner with primary care for prevention programs. Expand to second location. Demographics ensure 20+ years growth as baby boomers age. Practice positioned perfectly for value-based care contracts.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,500
Rent
$8,808.00 per month
Lease Expiration
8/31/2026
About the Sale
Seller Motivation
Owner retiring after 38 years. Lifestyle decision with flexible transition.
Transition Support
Harvard/Emory-trained owner offers comprehensive transition assistance on mutually agreed tenns and compensation. Three experienced APRNs ensure continuity. 20+ year administrator stays to maintain operations. Full training on hybrid concierge model, EECP therapy protocols, hospital procedures, and established referral relationships. Flexible transition schedule.
Financing Options
$200,000 to a qualified physician buyer
Listing Info
ID
2433737
Listing Views
53

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