Medical Practice-Pain Management- $500k Plus Cash

Not Disclosed, NJ
Bergen County

New York Metro Area

Asking Price: Annual Revenue:
$1,500,000 $1,091,069

Services: Medical, Dental

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RE: Medical Practice-Pain Management- $500k Plus Cash Broker: Darren Smith

Quick Facts

Asking Price: $1,500,000
Annual Revenue: $1,091,069
Net Profit: Not Disclosed
Cash Flow: $556,348
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 2017
Employees: 6
BBN Listing #: 99144955
Broker Reference #: 3408-17305

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Business Overview:

Turnkey pain management practice with stellar 5-star reviews in Northern New Jersey. Practice was started in 2017 and in 2019 relocated to a larger facility to accommodate increased patient load.

Practice has an active patient base of 2,500 patients. The practice keeps expanding, an in-office procedure suite was also established in 2022. The practice continues to treat both chronic and acute pain for the patients in Northern NJ. In 2021 two part-time nurse practitioners were added to the practice. Services include patient consultations, MRI reviews, telemedicine, in office / out of office pain management procedures.

In 2019 the practice expanded into a wellness practice including intravenous vitamin infusion.

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Property Features and Assets:

1,700 square feet fully turn key and renovated space in commercial building on main road in prestigious Northern NJ suburb. Assets = $100,000.

Market Competition and Expansion:

Business Competition are other pain management practices. Growth opportunities are limitless for pain management. Pain management is the gate keeper for any hospital network or private medical group. Pain management is the specialty that brings in patients who will likely need further services including spine surgeries, physical therapies, imaging needs (X-ray, MRI), electro myelogram studies, and in hospital care etc. The market for pain management will only grow due to the amount of injuries in urban area and the aging population. Having a pain management is the key to growing a multi-disciplinary medical practice. A practice of medical entity left without a pain management service will not survive the market in this particular area.

Reason for Selling:

Doctor wishes to focus on anesthesia practice.

Additional Details:

  • The property is leased.
  • 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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