Established Business for Sale

Smithtown, NY (Suffolk County)

Established Business for Sale
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Asking Price: $690,000

Cash Flow: N/A

Gross Revenue: $250,000



Inventory: N/A

Established: 1998

Established Business for Sale

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Business Description

Busy Orthopedic Office Located in the Heart of Smithtown

Calling All Medical Professionals... Busy Orthopedic Practice for Sale located in the heart of Smithtown. This turn-key office with experienced staff is in close proximity to St Catherine's of Siena Medical Center. It has been in operation for over 37 years and has a steady source of referrals, including the 4 neighboring doctors. The 2,000 SQ FT office space is also available to lease or purchase.

Purchasing the practice also includes purchasing 25% share of the building. The ownership of the entire building is split between the four doctors.
*There is an option to lease the 2000+ SF space

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Detailed Information

Growth & Expansion:
The doctor was injured in 2009 and this began to adversely impact the type and number of surgeries performed. Surgery stopped in 2015. Prior to that the doctor began referring surgeries to other physicians. The potential to increase revenue will be based upon the ability to perform (2) surgical days. Despite the injury, the practice has continued to maintain its popularity in the Long Island market by attracting new patients and repeat patient visits despite the decline in the number of surgeries.
Reason for Selling:
Retiring doctor
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Business Listed By:
Angela Adkins

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