BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!

Business For Sale

Established Family Medical Practice

Not Disclosed, NJ

Services: Medical, Dental, Assisted Living

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$275,000
$421,372
Not Disclosed
$70,501
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1990
10
62704955
Owner Financing is Available!
Terms are negotiable. Third party financing for the real estate is available.

Business Overview:

Well established family medical practice ideally located in a professional center near 2 major hospitals (one which is a teaching hospital) and surrounded by a mix of densely populated communities and upscale family neighborhoods. Located in the fastest growing County in New Jersey. It is a turnkey business, with a fully trained staff of 10, including 2 medical assistants and 3 doctors. The office is a well laid out and appointed facility including 6 exam rooms. The great reputation of practice has been built over 21 years. Patient visitations average more than 750 per month. Many patients have been patients since birth. Majority of patients come from referrals by other patients plus referrals from other doctors. The patient list is over 20,000 and includes families, children, adults and seniors. Primary physician is retiring but will stay as an employee insuring a smooth and profitable transition. This practice has great potential to grow simply by opening more hours.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

Assets=$285,000.

Market Competition and Expansion:

This is a well established family medical practice with a strong and loyal following. Expand hours and add additional staff to meet demand. The practice is all manual and most billing is currently automated. Practice is in process of obtaining an electronic health record systems.

Reason for Selling:

Downsizing to work towards retirement

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Resources: