Astoria, Queens, New York Practice

For Sale / Full Time

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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.

Contact Information

Rmollemd@gmail.com

Robert Molle, MD

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