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Business for Sale Summary

Medical Practice for Sale in Queens County, NY - 32720

Business Type: seller financing available,health/medical/dental practices
Medical Practice for Sale in Queens County, NY
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Financial Information (non-confidential)

General Information
Asking Price $425,000 Down Payment $250,000
Gross Revenues $700,000 Lease Remaining Register Free to View
Owner’s Cash Flow $450,000 Number of FT Employees Register Free to View

Financing

$250,000 Down and $175,000 over 60 mos @ 7%

Business Description

Well established and very profitable family practice in business for 25 years. Located in a very affluent area of Queens, right off an extremely busy boulavard. Steps away from the subway and bus stop, it is surrounded by thousands of residential apartments and businesses. There is tremendous opportunity for growth This practice has over 3500 active patients. Perhaps the new owner can rent out some space to other doctors to offset the costs. The 2000 square foot property is also for sale by the owner, which makes this an ideal opportunity for one, two or three doctors to join forces and utitilize the fully equipped state of the art modern office with 5 exam rooms, a large waiting area, 2 consultation rooms, a managers office, lunch room, 3 bathrooms, 2 private doctor parking spots and much much more. The space is also handicapped accessible, which makes it an ideal location for the elderly . There is also a private back entrance for doctors and stafff. Great mixture of Medicare/Medicaid, commercial insurances and cash patients. . The rent is very reasonable and includes all utilities. Owner is ready to retire and would like to sell the property along with the business. Please inquire about the sale price of the property. The owner will also entertain all offers if a buyer wants to only buy the business. A long lease will be granted. Must see to fully appreciate the full potential.. Contact Ross Lombardo at 877-735-5224 or email me at rlombardo@vestedbb.com.

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.