Thriving Medical Practice for Sale in New York - 36212

Financing

$22,800 Down and balance of $167,000 for 60 months @ 8%

Business Description

Offered is a substantial medical practice, as a seasoned internist concludes a distinguished 40-year career. Presently, the practice attends to 100 patients weekly, with an active patient roster of 6,000 individuals (with over 20,000 on record). A strategically placed sign has the potential to draw an indefinite number of new patients. Active patients typically schedule visits every three months or as required, with the office accepting all insurance providers. The monthly rent encompasses 10 exam rooms (comparable rooms in the vicinity lease for $2,500 to $3,000 each), presenting an entrepreneurial opportunity for a doctor to potentially rent out any surplus rooms individually. The building is owned by the doctor, who would serve as the new landlord at $20,000/month for a 5 5 year term, inclusive of 10 examining rooms. Currently, payroll is managed inefficiently with three full-time secretaries. The facility is well-equipped, featuring tools such as an electric cardiogram and eye examination equipment. A specialized practitioner in any field could easily fill their calendar from the existing patient database. The seller is open to facilitating a smooth transition and is offering the thriving practice for sale at $190,000, requiring a modest down payment of $22,800. This presents an outstanding opportunity for a new doctor or one seeking practice expansion.

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