40 year Established Medical Practice
Share on Facebook 
Post to X 
Share on LinkedIn 
Share on Reddit Business Description
Established Internal medical and Geriatric practice since 1986 catering to patients across all age groups, from teenagers to seniors, offering a wide range of services. This practice is renowned for its excellence, personalized, and compassionate patient care.
About the Business
- Years in Operation
- 40
- Employees
- 2 Full-time
- Facilities & Assets
- Situated in a medical building close to a renowned hospital, public transportation occupies approximately 755 square feet of efficiently laid out space, featuring 2 examination rooms and testing areas, Dr’s office, reception area, and private and common bathrooms. Ample parking is available, and the rent is $2,730 including NNN charges and utilities.
- Market Outlook / Competition
- Seller semi-retired. Established for 40 years and enjoys a loyal client base. There are other medical practices in the area.
- Opportunities for Growth
- Physician has been reducing the office workload due to incoming retirement. Now working only 2 to 3 days per week. Office generated a gross of $667,000 in 22 and has been declining to $361,000 in 2024 (due to physician reducing hours of work). There is no marketing of the services and sources of clients are on referral basis only. Owner can stay on for better support if needed. Ample growth opportunity with a new physician with ambitions to increase revenue.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 755
- Rent
- $2,730.00 per month
- Lease Expiration
- 1/1/2030
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Seller objective is the successful transition and will stay as long as possible
Listing Info
- ID
- 2464201
- Listing Views
- 22
Listing ID: 2464201 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
Businesses for SaleMaryland Businesses for SaleMaryland Health & Medical Businesses for SaleMaryland Medical Practices Businesses for Sale
Similar Listings
