Neurology Medical Practice

Not Disclosed, NY

Central Valley NY State


Asking Price: Annual Revenue:
$1,125,000 $752,113

Services: Medical, Dental


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RE: Neurology Medical Practice Broker: Freddie McFinn
License #: BS.0038787

Quick Facts

Asking Price: $1,125,000
Annual Revenue: $752,113
Net Profit: $442,637
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $180,000
Real Estate: Not Disclosed
Year Established: 2001
Employees: 4
BBN Listing #: 1465142
Broker Reference #: 101-20540

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Business Overview:

Highly profitable, well established medical practice specializing in Neurology located in Central Valley New York State. The doctor has affiliations with hospitals and other health system groups. The facilities include 4 exams rooms; 1 injection prep room; 3 private offices; public and private restrooms; employee lounge; and reception and waiting areas. Seller states there is room to bring in a NP/PA or a neurology associate, if desired for expansion; and Gross Revenue down for 2020 due to Covid-19. All gross sales revenue and adjusted net income can be verified through seller's tax returns. For quickest response to your inquiry, please call listing agents Freddie McFinn (RE# BS.0038787; Business Broker Permit# BUSB.0000020) or George Karas (RE# S.0173285; Business Broker Permit# BUSB.0006847) or use this ad's email reply. NDA and Proof of Funds are required.

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Property Features and Assets:

This is a leased location of 3,203 square feet with a Total Monthly Rent of $1,984. Seller is active in the business with 3 Full Time employees and 1 Independent Contractor. Hours of operation are 9am - 5pm Monday to Thursday and 9am - 1pm Friday. $180,000 in FF&E included in asking price. Medical License is required.

Reason for Selling:

Retiring

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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