SOLD! General Medical Practice – Passaic County, NJ

Price: $230,000

Location: Passaic County, NJ

Industry: Health Care and Fitness

Listing ID: 02172022

SOLD!! Long established family medical practice serving a large population in Paterson, NJ. and surrounding areas. Well known area doctor is ready to retire and is looking for a caring medical practitioner to take over his fully equipped office with hundreds of active patient files and room to expand. The practice sees patients 3 days a week and has plenty of room to grow to increase weekly patients seen.

The practice has 3 exam rooms, x-ray room, doctor’s office Phlebotomy room, physical therapy room/alternate exam room, receptionist and patient waiting areas. Digital equipment includes EKG, Ultra Sound, Eco Cardiogram, and x-ray machines.

The Doctor is a general surgeon with specialties in general surgery, cardiology, general practice, geriatrics, and vascular surgery. He has an affiliation and privileges at a local hospital.

• Business Price: $230,000
• Annual Cash Flow: $142,000
• Gross Revenue: $410,000
• FF&E: $75,000
• Down Payment: Negotiable
• Established: 1993

Owner is seeking retirement and will help with a transition as needed.

Listing Details

Gross Revenue: $410,000

Cash Flow: $142,000

FFE: $75,000

Reason For Sale:


Training & Support:

Seller will train and support to ensure a smooth transition.


Year Established: 29 Years

Days & Hours of Operation: See patients 3 days a week

Employees: 2


Monthly Rent: 3500

Square Footage: 2000


Potential Growth:

There is plenty of room for growth and expansion.