Established ENT Practice for Sale in Astoria, Queens

2 weeks ago


New York, New York, United States Robert Molle, MD Full time
Exceptional ENT Practice for Sale in Queens, New York

A unique opportunity to acquire a well-established ENT practice, a true neighborhood institution located in the vibrant community of Astoria, Queens.

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: 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.


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