Established Neurology and Pain Management practice in Brooklyn, NY
Business Description
-Established in 1996 , this thriving Neurology/Pain Management Practice is a rare opportunity for a new or expanding neurologist!
- Hospitals and Private Multispecialty Groups are also welcome to expand their service!
- EMR with 38000 patients records for the past 14 years
- The founder/ owner is looking for retirement and the last year decreased office hours to part-time
- Huge Growth Potential – currently a 2-day workweek generates strong revenue, full-time operation can bring in $1.3M+ annually.
- Conveniently located near the subway and bus stops in South Brooklyn.
- Custom-made furniture, spacious waiting area (15 patients), 3 exam rooms, 2 testing rooms, a conference room, billing room, C-arm fluoroscopic suite, kitchen area, private bathroom/shower
- Advanced Diagnostic Equipment: EEG, EMG, SSEP, VNG, ANS, C-arm X-ray, Visual field Humphrey analyzer, Audiograph, portable Musculo-skeletal ultrasound machine.
- Experienced biller/bookkeeper, secretaries, neuro technician, medical assistant are willing to stay
- For potential buyers: visiting the office requires ND agreement and proof of funds.
- Hospitals and Private Multispecialty Groups are also welcome to expand their service!
- EMR with 38000 patients records for the past 14 years
- The founder/ owner is looking for retirement and the last year decreased office hours to part-time
- Huge Growth Potential – currently a 2-day workweek generates strong revenue, full-time operation can bring in $1.3M+ annually.
- Conveniently located near the subway and bus stops in South Brooklyn.
- Custom-made furniture, spacious waiting area (15 patients), 3 exam rooms, 2 testing rooms, a conference room, billing room, C-arm fluoroscopic suite, kitchen area, private bathroom/shower
- Advanced Diagnostic Equipment: EEG, EMG, SSEP, VNG, ANS, C-arm X-ray, Visual field Humphrey analyzer, Audiograph, portable Musculo-skeletal ultrasound machine.
- Experienced biller/bookkeeper, secretaries, neuro technician, medical assistant are willing to stay
- For potential buyers: visiting the office requires ND agreement and proof of funds.
About the Business
- Years in Operation
- 29
- Number of Employees
- 5
- Facilities & Assets
- - State-of-the-art contemporary high ceiling 1st floor medical office, custom-build in a mixed (office/residential) 15 year old beautiful building.
- Conveniently located near the subway and bus stops.
- Custom-made furniture, spacious waiting area (15 patients), 3 exam rooms, 2 testing rooms, a conference room, C-arm X-Ray fluoroscopic suite, kitchen area, private bathroom /shower.
- Equipment: EEG, EMG, SSEP, VNG, ANS, C-arm, etc
- In office billing, bookkeeping - Market Outlook / Competition
- - High Demand – 3-month patients waitlist due to a shortage of neurologists in Brooklyn.
- Office EMR system "Practice Fusion" includes 38000+ charts/patients.
- High demand for Russian/Ukrainian/Chinese/Arabic speaking doctors in South Brooklyn
- Real estate may be sold separately instead of renting. - Opportunities for Growth
- - Huge Growth Potential – Currently a 2-day workweek generates strong revenue, full-time operation can bring in $1.3M+ annually
- Expansion Opportunity – Spacious enough for 3 doctors working simultaneously
- C-arm fluoroscopic suite brings additional revenue.
- Pain management procedure training may be provided
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 1,880
About the Sale
- Seller Motivation
- The owner is looking for retirement.
- Transition Support
- - Owner will stay for 6 months to ensure a smooth transition!
- Staff is willing to stay
- Multiple referral sources without advertisement.
- EMR with neurological templates and AI dictation service.
Listing Info
- ID
- 2330705
- Listing Views
- 1307
Listing ID: 2330705 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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