Successful Long Island Medical Practice For Sale

Featured on BusinessForSale.com . 4 viewed

Asking Price

$900,000

FOR SALE - ACTIVE

Detailed Information

Location

New York, US

Reason for selling

Not Provided

Real Estate

NA

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

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Business Description

A 37-year-old medical practice in Long Island, conveniently located near multiple hospitals, is up for sale as the current physician wishes to retire. The practice comes with a large patient base that will be transferred to the new owner, offering an excellent opportunity for a new doctor looking to start their own practice. The retiring doctor is open to financing options, making it an attractive prospect for a smooth transition. This well-established medical practice boasts a profitable net cash flow of $300,000 annually after expenses. The current doctor is committed to assisting the new buyer in integrating into the practice, ensuring a seamless handover of operations. With seller financing available, this presents a unique chance for a new physician to step into a thriving practice with an existing clientele and a solid financial foundation. Don't miss out on this rare opportunity to acquire a successful medical practice in Long Island, complete with the support of the retiring doctor during the transition period. For more details or inquiries, please contact Syed Ahmed.

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