Established Cancer Center for sale

Arizona
Asking Price:$7,500,000
Inventory:$250,000
EBITDA:$1,600,000
Established Year:2005
Gross Revenue:$8,415,927
Rent:$8,500/Month
FF&E:$200,000
BUSINESS DESCRIPTION

Cancer center

This is a unique opportunity for a well-managed and very efficient and highly reputable, all in-one cancer center; Medical Oncology practice, infusion suite and dispensing pharmacy located in semi-rural southern AZ. It is a desirable model with an excellent set up and great opportunity to add Radiation Oncology. Fully staffed 10 member practice.
The center services large volume of recurring and new patients with solid and strong referral network.
It is centrally located in a prestigious professional plaza in a high traffic area with great visibility.
Semi absentee, physician owned practice for more than 18 years of consistent medical care with an excellent recognition.
The practice has a strong profit trend and great protentional for further grwoth due its wide-base referral network, perfect business model and amazing insurance contracts. Our EBITDA is 51% of adjusted gross income (excluding cost of drugs). We serve a large geographic area in AZ and surrounding states with population of more than 80,000 and an excellent payer mix
It is a great opportunity to own this spontaneously operating practice with minimal supervision. Start making profit from day 1


DETAILED INFORMATION
Location
Arizona
Inventory
Included in asking price
Real Estate
Leased
Building SF
3,900
Lease Expiration
01/02/2028
Employees
11
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Free standing cancer clinic centrally located in medical plaza. Facility has 6 Exam Rooms, multiple doctors' offices, practice manager, Lab, Infusion suite , research center and Pharmacy.
Competition
A leading specialty clinic that predominate the market in the whole county. Practice has solid and extensive presence in the area with wide-based referral network. Excellent reputation and low-pace competition and significant spontaneous referral from doctors, local hospital, patients, community, ancillary services and tertiary care healthcare systems
Growth & Expansion
Outstanding growth potential due to our business experience and reputable name, we can easily expand to include additional locations, adding imaging service, radiation therapy and pathology. Practice promotion strategies, marketing and social media will tremendously enhance business and profitability
Financing
Down payment and finance over 3 years
Support & Training
Staff are available and willing to stay. Providers are also available for long-term basis to secure a successful and smooth transition Owners are is willing to remain in practice for a year or more upon mutual agreement
Reason for Selling
Buyer looking into more business options and also toward a slow transition to re
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Andy Smith
Andy Smith