Owner Financing is Available!
Business Overview:
Specialized Manual Physical Therapy Clinic in Las Vegas. This 12-year old, fully equipped practice was operated by a single founding Physical Therapist through September 2010. At that time a second Physical Therapist, with a Doctorate from Columbia Medical School, joined the staff. This doctor is on salary and would like to stay with the clinic after the transaction. The clinic runs at full capacity and consistently turns patients away. During the past four years, it has not had to do any advertising. Currently the clinic is only operating Mondays through Fridays. The annual fees collected and cash flow generated has remained very steady during 2008, 2009, and 2010, despite the economic turndown in Las Vegas. This clinic does not accept medical insurance plans, but does accept Medicare. The current owner (doctor) will stay for six months, or longer, at the Buyer’s discretion, to ensure a smooth orderly turnover and patient retention. As shown, the Seller is willing to carry a note for a Buyer on a case-by-case basis for 3 years at 8% interest per annum. The Seller will discount the price by $77,350, to $390,750, a 16.5% discount, for all cash at the close of escrow. It is not required to be a doctor to own this clinic. Qualified buyers may obtain more detailed information, including a valuation, please contact from Len Krick, Broker, at 702.856.4701 (private line).
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Reason for Selling:
Moving to Washington State
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.