Tech - 3307
High Field, MRI Center with Excellent Potential


Great Location - Excellent Potential - Great Price

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Achieva 1.5T SE MRI

The Center is in a very wealthy area. This center has a high field MRI (1.5T) which it bought refurbished in 2012. The radiologist recently sold a second center which was in a busy metro area and wants to sell this and retire.

 

ACCREDITATIONS

The Center is ACR-accredited MRI.

FACILITIES

Siemens Acuson Sequoia Ultrasound System

It has 2,000 sq. feet  of area and is in an 8-story professional / medical building with about 10 physicians in the building.

 

 

REASON FOR SELLING

Owner is semi-retired and sometimes away on extensive leave. He wants to completely retire to pursue other interests.

GROWTH POTENTIAL

An energetic owner (business person or radiologist) can ultrasound machinecertainly take advantage of an established platform and grow the business.

The Center has over 30-40 physicians within a 1- mile radius and 10 within the building itself. In 2005, under a different ownership (where current owner was part-owner), the high-field MRI Center had a CT scanner as well and used to be very successful. The multi-modal center has some competition, but according to the seller, three competing centers may be closing due to medicare fraud, providing good opportunity for this center for the buyer. Seller enjoys stellar reputation.

The scan volume in 2015 was up by 35% over the year before (about 112 scans per month). It is looking for an energetic owner to take it to the next level.

FINANCIALS

Gross Revenue (2015): $356K (projected from 6 months); Discretionary Earnings: $23K ($81K for a radiologist); Asking Price at $600K. Includes assets worth about $850K that include MRI, X-ray, Ultrasound and build-out.

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