Profitable Medical Practice doing $8.3 Million in Kings County, NY

Asking Price$3,900,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$8,300,000

Inventory$500,000
Not included in asking price
FF&E$200,000
Included in asking price
Real EstateNot Disclosed

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Profitable Medical Practice doing $8.3 Million in Kings County, NY


Asking Price$3,900,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$8,300,000

Inventory$500,000
Not included in asking price
FF&E$200,000
Included in asking price
Real EstateNot Disclosed

Business Description
(Highly Profitable main street business with growth potential!)
Long Established Physicians Medical Practice has just come in the market located within Kings County, New York.Current practice includes the following specialities: Internal medicine and Pain medicine, Cardiology,Gynecology, Neurology, Podiatric,Urology, Vascular, Physical therapy and Rehabilitation. Currently this location sees more than 1000 plus patients a week, has a team of fully trained staff (26FT & 8 PT employees). This is a 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). Currently 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 $3.9 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. PLEASE NOTE: All meetings to be scheduled by appointment only. In order to get a meeting, propsective buyer (physician) will sign NDA with Photo ID and valid Proof of Funds for upto $3.9 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
31
Employees
39 (26 Full-time, 8 Part-time, 5 Contractors)
Facilities & Assets
This is a 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 an Internal Medicine Practitioner, Great potential to Increase by utilizing the advertising media. Minimal advertising is done now
About the Sale
Transition Support
Current Physician has been in the business for past 3 decades, willing to stay on 24 months contract, also help in training and support to the team of new Qualified Physicians.
Listing Info
ID
2483131
Listing Views
21

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Business Listed by: Sanjay Gupta Tedd Min LLC

Listing ID: 2483131 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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