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Profitable Gastroenterology Practice In Upstate Ny For Sale

New York, US
Asking Price:
$1,700,000 Furniture / Fixtures included
Sales Revenue:
$2,200,000
Cash Flow:
$1,357,100

HS Listing ID-39284

Well-known and respected gastroenterology and endoscopy practice that has been flourishing in the area for ten years.

No additional marketing necessary–the reputation of this practice, along with its top Google-ranking and stellar online reviews, keeps a steady flow of new patients streaming in.

Whether you are a physician who is just finishing residency training, or one who is becoming disgruntled with the impersonal and over-controlling physician-as-employee system, this practice is proof that the private practice setting is still alive, well, and in demand by patients. This is a 100% outpatient GI practice, no Hospital calls, in house billing and pathology.

It consists of two offices in one: the medical office has a waiting/reception area, a front desk nurse’s station, 2 exam rooms, 3 staff offices, and a bathroom.

A separate office-based surgical suite includes a patient waiting area, procedure room, scope cleaning room, and recovery area, as well as its own bathroom.

The practice has a patient base of many thousands of people, with over 8,600 patients in the EMR system.

Most patients (roughly 70%) are commercially insured; the rest are covered by Medicare, Medicaid, and/or other benefits.

You do not need to be a licensed practitioner or doctor in order to run this company.

Opportunity to purchase the real estate.

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Property Information

Real Estate:

Lease

Premises Details:

Well-known and respected gastroenterology and endoscopy practice that has been flourishing in the area for ten years.

Business Operation

Expansion Potential:

The practice has a patient base of many thousands of people, with over 8,600 patients in the EMR system.

Competition / Market:

No additional marketing necessary--the reputation of this practice, along with its top Google-ranking and stellar online reviews, keeps a steady flow of new patients streaming in.

Reasons for selling:

Other business interests.

Years established:
10

Other Information

Support & training:

Yes.

Financing available:

N/A