Private Care with Clinical Trials Provider

Columbia, MD (Howard County)

Private Care with Clinical Trials Provider
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Asking Price: $9,995,000

Cash Flow: $1,674,000

Gross Revenue: $4,171,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2003

Private Care with Clinical Trials Provider

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Business Description

Started in 2003, the primary service of the company is the treatment of neurological disorders. An exclusive advantage of the business is that its patients can participate in clinical trials. By providing these trials, the company’s neurologists make new medications available to their patients that are not yet available at other neurology offices. Therefore, patients with neurological disorders can trial potentially life-saving treatments that are not available elsewhere. The owner is a nationally and internationally recognized leading figure in clinical neurological research and private practice-based tertiary neurological care, with extensive relationships with both research pharmaceutical companies and neurological private practices.

Owner seeks an acquirer to make targeted acquisitions of other neurological solutions providers to build a national brand utilizing the same business model that combines clinical trials with patient solutions. The national brand will have negotiating power with the insurance companies as well as market dominance. Owner has professional relationships with other neurological solutions providers both locally and across the US with more than $75M in revenue. These existing relationships can be utilized to facilitate acquisitions of these other practices.

Detailed Information

Location:
Columbia, MD
Employees:
17
Support & Training:
Owner wants to stay on and help investor grow the business into a national brand.
Reason for Selling:
Owner is looking for growth focused buyer
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Michael K. Mathews

Business Listed By:
Michael K. Mathews

Success Business Services

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