1. Home
  2. Businesses for Sale
  3. New York
  4. Health/medical/dental Practices
Business for Sale Summary

Family/Internal Medicine Business in New York - 36405

Business Type: healthcare related services,professional services,health/medical/dental practices
Owner Financing
Family/Internal Medicine Business in New York
Get Instant Access to the Business Financial Information

Take Action

This Listing Has Not Been Added to Your Portfolio Add this listing to your portfolio to view confidential financial info
View Financials Free Get the Address Click Here
*Some information is only available to registered members. Please login or register to view confidential information.
This business has received 19 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $525,000 Down Payment $425,000
Gross Revenues $488,447 Lease Remaining Register Free to View
Owner’s Cash Flow $242,000 Number of FT Employees Register Free to View

Financing

$425,000 Down and $100k over 2 years @ 6%

Business Description

For sale: A well-established Internal/Integrated Medicine Practice with 22 years of operation. Located in a professional suite within a private residence. The doctor currently sees patients five days a week, with an average of 20 patients per day and 100 per week, including 25-30 new patients each month. The practice serves a registered patient base of 2,000, with referrals from insurance companies, specialists, and word of mouth. Staff includes two receptionists and one Medical Assistant. The practice accepts a wide range of insurance plans, including Medicare, Medicaid, Fidelis, WellCare, Cigna, UHC, Oxford, Empire BCBS, Emblem, GHI, HIP, Aetna, and all MLTC plans. Telehealth services are available. There are no capitated patients. The office has access to a basement for storage of files, medical equipment, and supplies. Services provided include well and sick visits, annual visits, physical exams, EKG, blood pressure monitoring, diabetes and thyroid treatment, arthritis and UTI treatment, and management of everyday infections, illnesses, colds, and flu. Blood drawing is available on-site. Vaccinations offered include COVID, Flu, Pneumonia, and Tetanus. Testing services include Flu, COVID, Strep, Tuberculosis, and more. The practice also offers vitamin and infusion treatments as part of its integrated services. Pain management services include injections for joint and lower back pain. Minor surgical procedures are performed for lacerations, cysts, and joint issues. Exam Room 1 is equipped with an examination table, EKG, wall-mounted and portable blood pressure machines, pulse oximetry, and a wall-mounted ophthalmoscope and otoscope. A refrigerator for vaccine and injectable storage is also available. Exam Room 2 includes similar equipment. The practice is seeing a return of patients previously affected by COVID and currently has a waiting list for appointments. This is an excellent opportunity for a physician looking to own a profitable, established practice. The patient base includes Russian-speaking individuals. The seller is open to offering financing to a qualified buyer. For more details, contact broker Joseph Stansky at 631-383-3109.

In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.