Private Medical Practice for Sale in New York

Suffolk County, NY

Seller Financing Available

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Asking Price:$900,000
Gross Revenue:$700,000
FF&E:$70,000
Cash Flow:$300,000
Inventory:$15,000
Established Year:1987
BUSINESS DESCRIPTION

LISTING ID # 35874

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 the broker for more information.


DETAILED INFORMATION
Location
Suffolk County, NY
Inventory
Included in asking price
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Financing
450,000.00 Down & A note of $450,000 for 3 years at 10%
Support & Training
Seller will train
Reason for Selling
Retirement
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Vested
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Vested Business Brokers, Ltd