Physician Choice: Medical Practice doing $8.3 Mil in Kings County, NY

Asking Price$3,500,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$8,300,000

Inventory$400,000
Included in asking price
FF&E$50,000
Included in asking price
Real EstateNot Disclosed

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Physician Choice: Medical Practice doing $8.3 Mil in Kings County, NY


Asking Price$3,500,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$8,300,000

Inventory$400,000
Included in asking price
FF&E$50,000
Included in asking price
Real EstateNot Disclosed

Business Description
Long established highly profitable medical practice has just come in the market located within Kings County, New York.Current practice includes following specialities: Internal medicine and Pain medicine, Cardiology,Gynecology, Neurology, Podiatric,Urology, Vascular, Physical therapy and Rehabilitation. Currently this location sees more than 900 to 1000 plus patients a week, has a team of fully trained staff (25 FT & 4 PT employees). Well maintained location with fully appointed private rooms for patient care and specialist that includes (Internal and Pain medicine, Cardiology, Gynecology,Vascular, Podiatric, Urology,Neurology and Physical therapy) Current physician has been in the practice since past three decades & planning to retire after long 35 years, based on the cashflow seller is looking for $3.5 mil for the business. We are seeking a serious & financially qualified purchaser with medical background to take over this profitable practice. Current rent is $14,000.00 p.m for 2250 Sq.ft space. All meetings to be scheduled by appointment only. PLEASE NOTE: The prospective buyer has to be a physician, well, in order to show this location, buyers will sign NDA with Photo ID and valid Proof of Funds for upto $3 million dollars.
No co-brokering.
Cash Cow!!
Do not miss this great business opportunity!!.
For more information, please call TEDDMIN @1-732-896-1037.
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We are always in search of quality businesses for our buyers. If you're a business owner thinking of selling your business, please email or contact us : teddminbb@gmail.com, please contact Teddmin@ 1-732-896-1037
About the Business
Years in Operation
30
Employees
30 (25 Full-time, 5 Part-time)
Facilities & Assets
2250 sq. ft facility with assets that include all medical equipments, furnitures & fixtures.
Website
https://www.bizbuysell.com/brokers/Listings/
Opportunities for Growth
Great growth potential for a Physician, Increase by utilizing the advertising media to grow sales. Minimal advertising is done now
About the Sale
Seller Motivation
Planning to retire after 35 years in practice
Transition Support
Seller will stay on for couple of months, help train to ensure a smooth transitioning to the qualified purchaser
Listing Info
ID
2476624
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Business Listed by: Sanjay Gupta Tedd Min LLC

Listing ID: 2476624 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.


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