Prominent NY Pain Specialist seeks exit strategy

Not Disclosed, NY
Nassau County


Asking Price: Annual Revenue:
$599,000 $556,012

Services: Medical, Dental


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RE: Prominent NY Pain Specialist seeks exit strategy Broker: Carey Davis

Quick Facts

Asking Price: $599,000
Annual Revenue: $556,012
Net Profit: Not Disclosed
Cash Flow: $20,542
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1981
Employees: 7
BBN Listing #: 274635879
Broker Reference #: 6842-54827

Email or Print Listing

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Business Overview:

A perfect opportunity for pain management, internal medicine, or another rheumatologist. Six thousand patients in the system. 100% fee-for-service rheumatologist. Over 35 years of service to Nassau, Queens. An affluent area, high income, well-educated. Centrally located; convenient to LIRR. Medical offices on a major intersection.
Lab on-premises. The collection rate is excellent-no insurance presently accepted. The practice also sells durable goods. Braces, tens units and supports for knees, ankles, backs, radiology and PRP, EKG machines.
Prominent rheumatology specialist with nearly 3,000 active patients.
The doctor would like to stay on to keep the continuity of care while at the same time allow the new owner to expand the practice with new business, procedural and marketing initiatives.

Growth areas include procedures currently not being done: MRI, Ultrasound, genetic engineering injections and arthrocentesis.

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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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