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New Jersey : Health, medical & dentalListing #3401-6702
Well established family medical practice ideally located in a professional center near 2 major hospitals (one which is a teaching hospital) and surrounded by a mix of densely populated communities and upscale family neighborhoods. Located in the fastest growing County in New Jersey. It is a turnkey business, with a fully trained staff of 10, including 2 medical assistants and 3 doctors. The office is a well laid out and appointed facility including 6 exam rooms. The great reputation of practice has been built over 21 years. Patient visitations average more than 750 per month. Many patients have been patients since birth. Majority of patients come from referrals by other patients plus referrals from other doctors. The patient list is over 20,000 and includes families, children, adults, and seniors. Primary physician is retiring but will stay as an employee insuring a smooth and profitable transition. This practice has great potential to grow simply by opening more hours.
Asking Price:
$275,000
Gross Income:
$421,372
(last 12 months)Cash Flow:
$70,501
(last 12 months)Inventory Value:
$20,000
| Year Established: | 1989 | Business is Closed: | No | |
Seller Financing Available:  |
Yes | Owner Operated: | No | |
| FF&E included: |
Yes | Home-based: | No | |
| FF&E Value: | $35,000 | Training provided | Yes | |
| Real Estate is included: |
No | Easily Relocated: | Yes | |
| Value of Real Estate: | $475,000 | Number of Employees: | 0 | |
| Real Estate Square Footage: | 2300 |
Well established family medical practice ideally located in a professional center near 2 major hospitals (one which is a teaching hospital) and surrounded by a mix of densely populated communities and upscale family neighborhoods. Located in the fastest growing County in New Jersey. It is a turnkey business, with a fully trained staff of 10, including 2 medical assistants and 3 doctors. The office is a well laid out and appointed facility including 6 exam rooms. The great reputation of practice has been built over 21 years. Patient visitations average more than 750 per month. Many patients have been patients since birth. Majority of patients come from referrals by other patients plus referrals from other doctors. The patient list is over 20,000 and includes families, children, adults, and seniors. Primary physician is retiring but will stay as an employee insuring a smooth and profitable transition. This practice has great potential to grow simply by opening more hours.
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