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Business for Sale

Two Medical Offices for sale in NY
Queens County, NY

Listing #34942

   
Financial Information (non-confidential)
Asking Price $2,500,000.00 Gross Revenues $1,600,000.00
Down Payment $1,500,000.00 Owner’s Cash Flow $700,000.00

Financing: $1,500,000.00 Down and $1m at 5% for 36 months

Reason for Selling:Retiring

Two Extremely lucrative medical practices for sale. Both offices cater mostly to internal medicine and physical therapy. One is located in Queens and the other is on Long Island. The Queens office is 1600 square feet and consists of a private doctors office, two examination rooms, a physical therapy room, reception area and waiting room. Rent for this location is $5500 per month. This practice is located near major hospitals and there are a tremendous amount of residential and business buildings nearby. The Long Island office is a large 4000 sq ft space with 13 examination rooms and one physical therapy room as well as a reception area and waiting room. This space is owned by the seller and is willing to offer a lease or he would be willing to sell the space. This practice has been operating for 20 years and has a combined gross revenue of 1.6 million per year and a net profit of $700k per year. This business is a perfect opportunity for two or three doctors to join forces, but they really should specialize in internal medicine and PT since that is why the majority of patients are going there. The seller is willing to offer financing to a qualified buyer. Please contact Brian Bernstein at 929-969-0007 to schedule a visit. Please be very discreet when visiting this business since the employees are unaware of the seller's intentions.

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.
Brian Bernstein
Senior Business Broker
929-969-0007
bbernstein@vestedbb.com
Servicing Area:
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Brian  Bernstein

Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.

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