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Medical Practice - Family

Hudson Co., New Jersey

Asking Price: Gross: Cash Flow:
$180,000 $300,000 Undisclosed

Real Estate:
$3,000,000 ( not included in the asking price)

Business Summary:
Well establish avg 20 years. Operating from 2 facilities in Hudson County. Located in a one story commercial building that houses a pharmacy, 3-offices which consists of one of his practice. One fourth block from viewing the waterfront. Second located. In a stripmall. Which he subleases. Good for dentist, radiology. Splits utilities with tenants. Near Path Train, NJ Turnpike, Holland Tunnel this read is booming lots of new construction. Practice currently closed. Will have a doctor by the time the school reopens.

 
   
   
Year Business was Established: 1988
   
Number of Employees: 3  
   
Facilities / Terms of Lease: 3500 sq. ft. (owned) + 1,125 sq. ft. (lease). Strip-mall location with 90+ cars. Good condition. Lease negotiable.  
   
Potential Growth/Expansion: Add x-ray machines and add 1 dentist chair.  
   
Competition: Only one in waterfront district  
   
Owner willing to finance: 50% down on business. Balance paid in 5 years at prime + 1%  
   
Owner willing to train: Yes - 2 weeks  
   
Reason for selling: Health issues  
 

 

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