Very Profitable Midtown East Primary Care & Internal Medicine Practice

Asking Price$2,800,000

Cash Flow
Not Disclosed

EBITDA

Gross Revenue$1,693,202

Inventory$5,000
Included in asking price
FF&E$10,000
Included in asking price
Real EstateNot Disclosed

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Very Profitable Midtown East Primary Care & Internal Medicine Practice


Asking Price$2,800,000

Cash Flow
Not Disclosed

EBITDA

Gross Revenue$1,693,202

Inventory$5,000
Included in asking price
FF&E$10,000
Included in asking price
Real EstateNot Disclosed


Seller Financing Available
Business Description
Profitable Medical Practice
Exceptional opportunity to acquire a highly profitable primary care and internal medicine practice in one of Manhattan's most desirable medical and professional corridors. Founded in 2002 and operating from its current Midtown East location since 2017, the practice serves an estimated 6,000 loyal patients and benefits from a dense, affluent, year-round market near Grand Central, Turtle Bay, the United Nations, major employers, residential towers, and working professionals.

The practice provides comprehensive adult primary care, preventive medicine, annual physicals, vaccinations, chronic disease management, acute care, weight management, asthma and respiratory care, and related internal medicine services. It also offers a broad menu of onsite diagnostics, including EKG/ECG, audiometry, rapid flu and strep testing, PPD/Mantoux testing, peak flow, tympanometry, vital signs, and visual acuity testing. Additional offsite and ancillary services coordinated through the practice include blood testing, echocardiograms, stress testing, Holter monitoring, allergy testing, STD/HIV screening, TB testing, radiology referrals, GeneSight DNA testing, and remote patient monitoring.

This is a rare chance to acquire a profitable, reputation-driven medical practice with strong brand equity, deep patient loyalty, and diversified payer relationships. The practice has an exceptional public review profile, including thousands of patient reviews and a high overall rating, helping it stand out in a competitive New York primary care market. It participates with 25+ payer contracts, including major commercial plans, and generates patients through long-standing insurance network participation, referrals, convenient Midtown access, and online appointment functionality. The website supports appointment scheduling, patient forms, prescription refill requests, referrals, online payments, and patient feedback.

Financial performance is strong and stable. Net revenue was approximately $1.69 million in 2025, with approximately $620,799 of adjusted EBITDA after normalizing for a market-rate replacement physician/operator. Gross margins are approximately 92% to 93%, reflecting the highly service-oriented nature of the practice. The practice operates from leased office space. The practice is year-round, with weekday operations and limited Saturday access. The buyer should plan for physician licensure, payer credentialing, malpractice coverage, medical records and PHI compliance, DEA/regulatory requirements where applicable, and lease renewal/assignment considerations.

Detailed financial statements, tax returns, payer information, lease materials, and transition details are available to qualified buyers after execution of a confidentiality agreement.
About the Business
Years in Operation
24
Employees
4 Full-time
Facilities & Assets
Leased Facility in Manhattan
Opportunities for Growth
Meaningful upside exists for a buyer with healthcare operating experience. Growth opportunities include expanded digital marketing, added physician or mid-level provider capacity, extended scheduling, revenue-cycle optimization, improved systems and documentation, enhanced patient communication, ancillary service expansion, chronic care management, concierge or membership offerings, and remote patient monitoring. Ideal buyers include a New York-licensed physician, physician group, multi-site primary care platform, or MSO-backed buyer seeking a profitable foothold in a premier Manhattan market.
About the Sale
Seller Motivation
Retirement after a 6 month transition
Transition Support
The seller is retiring and is willing to support a thoughtful transition for up to six months, including introductions to patients, staff, payers, and referral sources, and will sign customary non-compete/non-solicit protections. The current operation is supported by staff handling billing, reception, and administration, with systems including PatientFusion scheduling, EZClaim billing, digital EMR components, and multiple payment channels.
Listing Info
ID
2519730
Listing Views
28

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Business Listed by: Marvin Ritchie Archstone Business Brokers

Listing ID: 2519730 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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