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1st Floor - Unit 355
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Medical Office
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1,100 SF
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$250,000 USD
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Unit Size: 1,100 SF
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Condo Use: Medical Office
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Price: $250,000 USD
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Sale Type: Investment or Owner User
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Price/SF: $227.27 USD
Description
**** The building/suite is NOT for Sale. This is a business sale and lease assignment.******
Sale Notes
Berkshire Hathaway Commercial proudly presents Greco Physical Therapy And Wellness, a fully renovated medical business for SALE in Caldwell, NJ. This established healthcare business offers comprehensive services including physical therapy, acupuncture, therapeutic and medical massage, rehabilitation exercise programs, sports and work injury rehabilitation, graston therapy, cupping, pre/post surgical rehabilitation, red-light therapy, IV drip, posture reevaluation, and wellness programs.
BUSINESS HIGHLIGHTS:
• Fully renovated practice with high growth potential
• Comprehensive service offerings across multiple wellness disciplines
• Absentee owner operation demonstrating strong management systems
• Established patient base and revenue history
• Prime Essex County location
• VERY low rent
•Long Term Lease (9-years with 5-year option)
FINANCIAL OVERVIEW:
• Asking Price: $250,000
• Annual Cash Flow : Upon Request (ONLY Open 3-days a week)
• Revenue multiple reflects growth stage opportunity
GROWTH OPPORTUNITIES:
Significant expansion potential through extended operating hours (6-7 days weekly), additional physical therapists and PTAs, enhanced wellness service offerings, and in-home service delivery. The current absentee ownership model provides incoming buyers flexibility to implement growth strategies immediately.
OWNER SUPPORT:
Office manager available for retention with comprehensive support and training during transition period, ensuring operational continuity.
This turnkey medical practice represents an excellent opportunity for healthcare professionals or investors seeking entry into the growing physical therapy and wellness sector. The diverse service portfolio and renovation-ready facility position the business for immediate expansion in New Jersey's robust healthcare market.
Seller motivated due to other business opportunities. Qualified buyers will receive detailed financial documentation and operational insights during due diligence process.
**** The building/suite is NOT for Sale. This is a business sale and lease assignment.
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