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 ParaSell, Inc. | A Licensed Florida Broker #CQ1059597
ParaSell, Inc. – Scott Reid – Florida Broker of Record