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Business for Sale Summary

Private Medical Practice for Sale in New York - 35874

Business Type: health/medical/dental practices,healthcare related services
Owner Financing
Private Medical Practice for Sale in New York
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This business has received 38 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $900,000 Down Payment $450,000
Gross Revenues $700,000 Lease Remaining Register Free to View
Owner’s Cash Flow $300,000 Number of FT Employees Register Free to View

Financing

$450,000 Down and A note of $450,000 for 3 years at 10%

Business Description

A 37-year-old, extremely well-established medical practice as a physician is located in the suburb of several hospitals in Long Island. The doctor wants to retire but is willing to stay with a new buyer until a new buyer is fully integrated into the practice. The doctor has an enormous book of patients that will be passed on to a new buyer. The doctor is willing to finance, making it the best opportunity for a new doctor to start his medical practice by taking over an established practice. Do not miss this once-in-a-lifetime opportunity to buy this practice, as it comes with seller's financing. After deducting all the expenses, the seller's net cash flow is $300,000 a year. Call Syed at 631-374-7686 for more information.

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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.