Established ENT Practice for Sale in Queens, New York
6 days ago
Astoria, Queens, New York ENT Practice for Sale
Robert Molle, MD is seeking a board-certified or board-eligible otolaryngologist to acquire a successful ENT practice with over four decades of excellence in 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 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
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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New York, New York, United States Robert Molle, MD Full timeExceptional ENT Practice for Sale in Queens, New YorkA 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...
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