High Demand Bronx, NY Family/Pediatric Practice for sale
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Unique opportunity to operate out of two offices in New York City. The current owner takes in over $500,000 per year, no marketing required. The 40-year reputation of this practice keeps a steady flow of new patients streaming in from word of mouth (often multigenerational), referrals by other medical professionals and Medicaid Managed Care plans, and high ratings on Google Reviews.
Whether you are a physician who is just finishing residency training or one who is becoming disgruntled with the impersonal and over-controlling physician-as-employee system, this practice is proof that the private practice setting is still alive, well, and in demand by patients.
Hire more practitioners, participate in additional managed care plans, establish an online presence, and/or do some marketing, and you have the opportunity to make an already prosperous practice even more lucrative.
Whether you are a physician who is just finishing residency training or one who is becoming disgruntled with the impersonal and over-controlling physician-as-employee system, this practice is proof that the private practice setting is still alive, well, and in demand by patients.
Hire more practitioners, participate in additional managed care plans, establish an online presence, and/or do some marketing, and you have the opportunity to make an already prosperous practice even more lucrative.
About the Business
- Years in Operation
- 44
- Employees
- 3 Part-time
- Facilities & Assets
- The new owner will receive all patient records, equipment, supplies, complete inventory of pharmaceutical and resalable equipment, intellectual property, phone number, logos, and identifying information, EPIC software. The employees have many years of experience and may be interested in assisting with the transition and/or staying on if so desired by the new owner. Both offices are on year-to-year leases. The current owner has been a tenant for decades and is willing to work with the landlord to secure favorable new lease terms for the buyer.
- Website
- https://www.sellingapractice.com/mohan
- Market Outlook / Competition
- The Bronx and Harlem practice are located in dense, walkable neighborhoods with public transportation access. There is high walk-in traffic since the practice has a long standing local presence and good reputation.
- Opportunities for Growth
- Do some marketing: Doing any kind of marketing.
Expand the available services: Offer telehealth consultations, or other services.
Hire additional practitioners: Spend full days at either practice or hire another doctor to work at one of the locations full time. Hiring a NP or PA could also lighten a new owner’s load and free them up to see more patients.
Establish online presence: Add website, blog, and materials to increase awareness.
Work more hours: Expand office hours.
Real Estate
- Owned or Leased
- Leased
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- The current owner’s goal is to surrender the practice in 2026. She would be willing to stay on for some time to assist in the transition if so desired by the new owner.
Listing Info
- ID
- 2460559
- Listing Views
- 7
Business Location
Listing ID: 2460559 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 SaleNew York Businesses for SaleNew York Health & Medical Businesses for SaleNew York Medical Practices Businesses for Sale
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