Established ENT Practice For Sale
Company: Robert Molle, MD
Location: New York
Posted on: October 19, 2024
Job Description:
Astoria, Queens, New York PracticeFor Sale / Full TimeAm I a
good match for this opportunity?Exceptional Opportunity: Acquire a
Renowned ENT Practice with 40+ Years of Excellence in Astoria,
QueensOverview: A unique opportunity to acquire a well-established
ENT practice, a true neighborhood institution located in the
vibrant community of Astoria, Queens. This practice has built an
excellent reputation for providing high-quality ear, nose, and
throat care to a diverse patient base in New York City for over
four decades.Practice Highlights:
- EXPERIENCED FOUNDATION: Founded and led by a highly respected
Head & Neck Surgery Otolaryngologist with over 40 years of
experience in the field.
- LONGSTANDING REPUTATION: Serving the Astoria community and
beyond for more than four decades, establishing deep roots and
trust within the local population.
- PRIME LOCATION: Situated in Astoria, Queens, very close to
public transportation and only 25 minutes from Manhattan by
train.
- HOSPITAL AFFILIATIONS: Affiliated with Mount Sinai Hospital and
New York Eye and Ear Infirmary.
- COMPREHENSIVE SERVICES: Offers a full range of ENT services,
including treatments for ear, nose, and throat conditions, refined
over 40 years of practice.
- MULTIPLE INCOME STREAMS:
- Thriving allergy practice with immunology testing and
immunotherapy services
- Framework for immediately profitable hearing aid dispensing
service
- Potential for establishing state-of-the-art balance testing and
treatment
- ESTABLISHED PATIENT BASE: Benefits from a loyal following of
patients, including multi-generational families, built over decades
of dedicated service.
- GROWTH POTENTIAL: Currently sees over 20 new patients per
month, even on a reduced schedule, with significant room for
expansion.
- REAL ESTATE OPPORTUNITY: Potential building commercial lease or
outright ownership (details to be discussed with serious
inquiries).Equipment and Assets:
- Basic ENT equipment included in the sale:
- Microscope
- Audiometer
- Tympanometer
- Well-maintained office space and furnishings
- Allergy testing and immunotherapy equipment
- Building lease or ownership opportunity (details to be
discussed with serious inquiries)Financial Overview:
- Steady patient flow with consistent revenue, demonstrating
stability over decades (exact figures to be disclosed to serious
inquiries)
- Well-managed practice with efficient operations honed over 40+
years
- Multiple current and potential revenue streams: surgical
practice, allergy services, hearing aid dispensing, and balance
testing
- Potential to significantly increase revenue through expanded
surgical services (currently being referred out)
- Additional income potential from real estate (building lease or
ownership options to be discussed)Strategic Advantages:
- Inherit a practice with deep community ties and a stellar
reputation built over four decades
- Tap into the growing healthcare market in Queens, one of New
York City's most populous boroughs
- Opportunity to modernize and expand services while maintaining
a loyal patient base
- Significant potential for growth by expanding surgical services
and capitalizing on the many surgical cases generated by the
existing patient base
- Established allergy services with potential for profitable
hearing aid and balance testing services
- Potential for long-term stability through building lease or
ownership optionsTransition Support:
- Current physician is working on a reduced schedule in
preparation for retirement, allowing for a smooth transition
- Opportunity to learn from decades of experience during the
transition period OR clean transition if preferred
- Flexibility to tailor the transition process to the buyer's
preferencesWhy This Opportunity?
- Acquire a practice with a proven track record of success
spanning over 40 years
- ENT services are in high demand in the diverse and growing
population of Queens and greater New York City
- Multiple established and potential income streams: surgical
practice, thriving allergy practice, potential for hearing aid
dispensing, and balance testing
- Significant potential for growth by expanding surgical
services, expanding office hours, and increasing patient
volume
- Astoria offers a delightful place to practice, known for its
great food, rich culture, and vibrant community
- Rare opportunity to acquire a successful medical practice with
potential for building lease or ownership in a prime locationIdeal
Buyer:
- Board-certified or board-eligible otolaryngologist looking for
the autonomy and independence of owning an established practice
with a rich history in New York City
- Early career ENT professionals, including those a few years out
of residency, seeking a turn-key practice with growth
potential
- ENT Surgeon interested in capitalizing upon the many surgical
cases generated by the base of patients
- Entrepreneurial physician ready to build upon a solid 40-year
foundation in a dynamic urban market
- Practitioner with interest in allergy, audiology, and
vestibular disorders to further develop these thriving aspects of
the practiceFlexible Acquisition Options:
- Long-term lease available for those preferring not to purchase
the practice outright
- Potential option to purchase the practice for those in a
position to do so
- Tailored financial arrangements can be discussed with serious
inquiriesIn sum, this is an opportunity to acquire a successful ENT
practice with over four decades of excellence, multiple income
streams, and potential building lease or outright ownership options
in one of New York City's most desirable neighborhoods.
Keywords: Robert Molle, MD, Elizabeth , Established ENT Practice For Sale, Sales , New York, New Jersey
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