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This Business has been Sold!
Closing Date: 01/05/2024
Business for Sale Summary

Internal Medicine Practice For Sale in New York - 35139

Business Type: health/beauty/nutrition supply,health/medical/dental practices,professional services,owner financing available,healthcare related services
Sold
Internal Medicine Practice For Sale in New York
On January 5th 2024, The Undersigned
Acted as the Advisor to the Deal
Joseph Stansky Esq
Joseph Stansky Esq Senior Broker
Servicing: Nassau County, NY
All of NJ
All of CT
All of PA
All of MD
All of NC
All of SC
All of MA
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.

Financial Information (non-confidential)

General Information
Asking Price $250,000 Down Payment $175,000
Gross Revenues $696,522 Lease Remaining Register Free to View
Owner’s Cash Flow $169,254 Number of FT Employees Register Free to View

Financing

$175,000 Down and $75k over 2 years @5%

Business Description

Long established (20 years) Internal Medicine Practice in professional office suite on ground floor doorman building. This healthcare related service have separate outdoor entrance. Monday to Friday but lease allows 7 days and longer hours. Patient base of 8900 (not all active) with referrals coming from insurance companies, specialists’ referrals and word of mouth. 1450 sq. ft. with reception, 5 exam rooms, and 3 offices. Doctor/owner only sees patients 2 days per week. Nurse practitioner sees patients 2 days. Open 5th day with staff for blood draws, injections, etc. Owner is retiring. Covid averse patients are returning and the office has a waiting list of appointments- Buyer/doctor that works a full schedule can double patient revenue. EKG, PFT, laser sculpting machine, ABI, bladder/aorta scan, VNG testing equipment, and all rooms equipped with BP, Opthalmoscope and Otoscope. Echo and Sonogram techs come once a week. This is a MUST SEE for any doctor looking to go out on his/her own and buy a profitable practice. The seller is offering some financing to a qualified physician buyer. Contact broker Joseph Stansky at 631-383-3109 for more details.

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.