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Medical Practice With Physical Therapy
Location: United States -> New York -> Queens
Industry: Health and Medical > Other Health and Medical




Business Summary

Newly established medical center with area for physical therapy is for sale. It's located in a very densely populated area in Queens, NY. The 3,000 sq. ft facility has been built for only 1 year, with 6 exam rooms / doctor's offices, and a fully equipped physical therapy area. It's designed for family medicine, physical therapy, podiatry, urgent care, Internal medicine, pediatric clinic or any other specialty clinics. They accept all major insurances, specifically prefer No Fault (Auto Accidents) Insurance.

The center has 500+ patients and is seeing about 125 patients per week right now, with little advertising done just relying on walk in traffic. More specialty doctors are needed due to high demand. Renting the rooms out to doctors will bring in additional revenue.

All medical equipment and fixtures, lab equipment, computers, medical exam tables, and everything in the facility is included.

Current owner is also open to partnership options.

Option 1: acquire the entire business for $275,000.

Option 2: invest $150,000 to become a partner of the business, get all the profit until 50% of the initial investment is paid back, and then start to share the profit with other owners.

Option 3: pay monthly rent plus management fee to join the group, get unlimited access to the office and the resources that the center provides.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $195,000
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Inventory:  $307,591
Seller Financing:  Yes

About The Business

Year Established:  2016
Number of Employees:  4 - 5
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  2 weeks
Reason For Selling:  Other interest

Photos

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Medical Practice With Physical Therapy Photo 1




Print Listing Id: 700324968
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