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Bergen County

  • Listing Number: 206-22163

    Category: Practice Sales - Medical/Dental/Vet

Asking Price $179,000
Down Payment $120,000
Gross Revenue $340,000
Total Adjusted Net Income $170,000
Equipment / Fixtures $25,000
Year Established 1985
General Location Bergen County
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35 year-old practice in same location retiring. Loyal customer base, great location near teaching hospital. Great opportunity at 1x's cash flow. Building is willing to build brand new office for business. Practice has satellite office. This established otolaryngology practice can be yours for 1x's earnings. Income is solely based on office work post-Covid, all surgeries referred out, providing major immediate growth to new owner.

Gross Revenue
$340,000
Listed Price
$179,000
Total Income
$170,000
Down Payment
$120,000
Base Rent
$3,009
Square Feet
1150
Total Rent
$3,009
Rent Deposit
$7,000
Equipment / Fixtures
$25,000
Full-Time Employees
1
Training Period
2 weeks
Part-Time Employees
1
Special License Required
Medical License
Contract Staff
1
Reason for Selling
Retirement

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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