Printer



Active

Top GI practice in the county with $2.2M in revenue and $1.3M cash flo


Backstory: 10 years is a short time to gain 8K+ satisfied GI patients, but that is exactly what this owner has earned. In the process, they’ve gained the loyalty of top-tier, diligent and caring staff. The result is a business that brought in $2.2M and a cash flow of $1.3M as of the latest T12 count.
#1 in the area: The practice provides endoscopies and colonoscopies, and prides itself in promoting overall digestive health. It enjoys its designation of the only 5-star GI practice in the area, and rated #1 for patient education. Business operations have all been brought into alignment over the years so that the owner can step in and focus on their expertise: procedures. To that end, they’ve culled the highly trained talents of a nurse practitioner, in-house biller, and a pathologist who reads all patient biopsies.

And room to grow: The practice is one of only four in Ulster County with a fast-growing population of both permanent and part-time residents. Colonoscopy screenings have recently dropped to 45 years and may drop again, becoming the standard for younger patients. Two additional services could boost current offerings and income in the meantime: Capsule endoscopy and 24-hr pH study.

Your successful transition: The current owner is stepping away to focus on their own health, but leaves you in the capable hands of a seasoned staff of 10. You’ll inherit all the equipment you need to get to work, seamlessly, valued at just under $400K.

Listed By: Omar Kettani

Background information

Reference:

rewrewrewrewr

Year established:

N/A

Finance

Sales:

$2,232,193

EBITDA:

$1,295,717

Operations

Equipment:

N/A

Inventory:

Included in asking price

Premises

Rent and lease terms:

N/A

Location:

Ulster County, NY

Price and terms

Price:

$2,500,000