Business For Sale

Well Established Family Medical Practice

Not Disclosed, NJ
Somerset County

Somerset County


Asking Price: Annual Revenue:
$199,000 $302,741

Services: Medical, Dental


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RE: Well Established Family Medical Practice Broker: Russ Miller

Quick Facts

Asking Price: $199,000
Annual Revenue: $302,741
Net Profit: Not Disclosed
Cash Flow: $56,200
Total Debt: Not Disclosed
FF&E: $163,579
Real Estate: $375,000
Year Established: 1996
Employees: 6
BBN Listing #: 85004955
Broker Reference #: 3401-11831

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Business Overview:

Family Practice with over 30 years of community trust!

Fantastic practice for a doctor looking to build a turnkey practice with an already established patient base. Prime Real Estate located in an affluent area. 1800 active Patient records and over 25,000 inactive. 2500 with in last 18 months. The community is loyal to the practice and since the doctor is willing to stay on board they will continue coming.

The practice is all word of mouth and referrals. You must add doctors and hours in order to grow the practice. Currently turning away patients!!

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Property Features and Assets:

Prime Real Estate! Building is available for lease or purchase. It is in outstanding condition nestled in a densely populated area. It is in an Ideal location, located in a professional center near 2 major hospitals (one which is a teaching hospital). Exterior renovated in 2017. Lease for $3800 per month (purchase option available ask broker). Assets = $587,087

Market Competition and Expansion:

There are other medical practices in the area. The way this business can be grown is through increasing hours. Just add another doctor to be able to see patients.

Reason for Selling:

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.

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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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