Established ENT Practice For Sale

6 hours ago


New York City NY United States Robert Molle, MD Full time

Astoria, Queens, New York Practice

For Sale / Full Time

Am I a good match for this opportunity?

Exceptional Opportunity: Acquire a Renowned ENT Practice with 40+ Years of Excellence in Astoria, Queens

Overview: 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 options

Transition 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 preferences

Why 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 location

Ideal 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 practice

Flexible 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 inquiries

In 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.



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