Otolaryngology Medical Practice-Head &Neck Surgery

Not Disclosed, NJ
Bergen County

Bergen County


Asking Price: Annual Revenue:
$179,000 $340,000

Services: Medical, Dental


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RE: Otolaryngology Medical Practice-Head &Neck Surgery Broker: Juliet Carafello
Owner Financing is Available!
SCN $59,000 over 24 months at 6%

Quick Facts

Asking Price: $179,000
Annual Revenue: $340,000
Net Profit: $170,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 1985
Employees: 3
BBN Listing #: 133057222
Broker Reference #: 206-22163

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Business Overview:

35 year-old practice in same location retiring. Loyal customer base, great location near teaching hospital. Great opportunity at 1x's cash flow. Building is willing to build brand new office for business. Practice has satellite office. This established otolaryngology practice can be yours for 1x's earnings. Income is solely based on office work post-Covid, all surgeries referred out, providing major immediate growth to new owner. For additional information please contact listing agent Juliet Carafello.

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Property Features and Assets:

This is a leased location of 1,150 square feet with a Total monthly rent of $3,009. Seller is active with 1 and 1 Part Time employees along with 1 independent contractor. Hours of operation are 9:00am-5:00pm Monday-Friday. $25,000 in FF&E included in the asking price. Medical license required.

Reason for Selling:

Retirement

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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