"REDUCED $50K" Cardiology Practice w/seller financing or SBA
Business Description
Established Cardiology Practice - Exceptional Opportunity with Flexible Financing
This well-established cardiology practice has served the Escambia County market since 1998, demonstrating over 25 years of consistent operational excellence and market presence. The practice offers comprehensive cardiovascular diagnostic and monitoring services through state-of-the-art equipment and proven protocols.
Service Portfolio:
• Simple and Nuclear Stress Testing
• Echocardiography
• Peripheral Vascular Studies
• Holter and Event Monitor Services
• Pacemaker Management
• Specialized Anticoagulation/Warfarin Clinic (Coumadin Clinic)
Financial Performance:
The practice maintains consistent annual collections between $1.0M and $1.2M, reflecting strong patient loyalty and effective revenue cycle management. The current physician operates without hospital call obligations, providing excellent work-life balance while maintaining robust financial performance.
Transition Support:
The selling physician is committed to ensuring seamless continuity of care and will remain available 2-3 days per week during the transition period. This arrangement facilitates patient retention and operational stability during ownership transfer.
Financing Options:
• SBA Pre-qualified opportunity requiring only $75,000 down payment
• Seller financing available to qualified cardiologists with 40% down payment
• Real estate component available for $600,000 (seller preference to sell with practice but open to lease arrangements)
This turnkey opportunity represents an ideal acquisition for a cardiologist seeking an established practice with proven revenue streams, comprehensive service offerings, and flexible financing terms. The practice's longevity and consistent financial performance demonstrate market stability and growth potential in the Orange County healthcare market.
This well-established cardiology practice has served the Escambia County market since 1998, demonstrating over 25 years of consistent operational excellence and market presence. The practice offers comprehensive cardiovascular diagnostic and monitoring services through state-of-the-art equipment and proven protocols.
Service Portfolio:
• Simple and Nuclear Stress Testing
• Echocardiography
• Peripheral Vascular Studies
• Holter and Event Monitor Services
• Pacemaker Management
• Specialized Anticoagulation/Warfarin Clinic (Coumadin Clinic)
Financial Performance:
The practice maintains consistent annual collections between $1.0M and $1.2M, reflecting strong patient loyalty and effective revenue cycle management. The current physician operates without hospital call obligations, providing excellent work-life balance while maintaining robust financial performance.
Transition Support:
The selling physician is committed to ensuring seamless continuity of care and will remain available 2-3 days per week during the transition period. This arrangement facilitates patient retention and operational stability during ownership transfer.
Financing Options:
• SBA Pre-qualified opportunity requiring only $75,000 down payment
• Seller financing available to qualified cardiologists with 40% down payment
• Real estate component available for $600,000 (seller preference to sell with practice but open to lease arrangements)
This turnkey opportunity represents an ideal acquisition for a cardiologist seeking an established practice with proven revenue streams, comprehensive service offerings, and flexible financing terms. The practice's longevity and consistent financial performance demonstrate market stability and growth potential in the Orange County healthcare market.
About the Business
- Years in Operation
- 27
- Employees
- 9
- Facilities & Assets
- Office condo space consisting of 4200/sqft. with 5 exam rooms.
- Opportunities for Growth
- Growth by doing hospital calls that the doctor does not do.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 4,200
About the Sale
- Seller Motivation
- Semi-Retire. Cut back hours.
- Transition Support
- Doctor prefers staying on 2-3 days a week.
- Financing Options
- Seller financing with 50% down @ 9.5% over 3 years.
Listing Info
- ID
- 2231165
- Listing Views
- 1762
Listing ID: 2231165 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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