Medical Practice for Sale in Queens County, NY -

Not Disclosed, NY
Queens County


Asking Price: Annual Revenue:
$500,000 $700,000

Services: Medical, Dental


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RE: Medical Practice for Sale in Queens County, NY - Broker: Seller of Business
Owner Financing is Available!
$250,000.00 Down & $250,000 over 60 months @ 7%

Quick Facts

Asking Price: $500,000
Annual Revenue: $700,000
Net Profit: Not Disclosed
Cash Flow: $450,000
Total Debt: Not Disclosed
FF&E: $40,000
Real Estate: Not Disclosed
Year Established: 1994
Employees: 5
BBN Listing #: 70434447
Broker Reference #: Not Disclosed

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Business Overview:

Well established and very profitable family practice in business for 25 years. Located in a very affluent area of Queens, right off an extremely busy boulavard. Steps away from the subway and bus stop, it is surrounded by thousands of residential apartments and businesses. There is tremendous opportunity for growth This practice has over 3500 active patients. Perhaps the new owner can rent out some space to other doctors to offset the costs. The 2,000 square foot property is also for sale by the owner, which makes this an ideal opportunity for one, two or three doctors to join forces and utitilize the fully equipped state of the art modern office with 5 exam rooms, a large waiting area, 2 consultation rooms, a managers office, lunch room, 3 bathrooms, 2 private doctor parking spots and much much more. The space is also handicapped accessible, which makes it an ideal location for the elderly. There is also a private back entrance for doctors and stafff. Great mixture of Medicare/Medicaid, commercial insurances and cash patients. The rent is very reasonable and includes all utilities. Owner is ready to retire and would like to sell the property along with the business. Please inquire about the sale price of the property. The owner will also entertain all offers if a buyer wants to only buy the business. A long lease will be granted. Must see to fully appreciate the full potential.. Contact Ross Lombardo or email us.

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Reason for Selling:

Retiring

Additional Details:

  • The property is owned.
  • The owner is not 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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