Owner Financing is Available!
Business Overview:
Business provides Speech, Occupational, and Physical Therapy, and specializes in Pediatrics. It Services Orange, Brevard and Seminole Counties in Florida. Revenues are from the State, private individuals, insurance companies and Medicaid. 30 licensed professionals, (22 self employed, 8 employed) and there are 4 office administrators. Seller will be available after the sale, providing assistance with the relationships with hospitals and referring doctors and will stay to qualify the clinic and the traveling side if a buyer does not have a license. Seller will sell the Traveling side of the business and keep the clinic patents. The traveling side grossed about a $1.2 million and has about 12 therapists that treat clients in their own homes. All billing is outsourced. This side of the business needs an administrator owner.
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.
Property Features and Assets:
Located in Orlando, Florida. Covers Orange and Seminole Counties. Seller owns the condo unit and wishes to sell the home side that is about three quarters of the gross sales. He will stay and qualify the business and stay for up to a year to assist a new buyer. Their are two sides to this business and the figs are for the home health side for 2008. 2009 are down (about $1m) but new contracts are in place, more therapists have been hired and 2010 gross will be in the range of $1,300,000.
Seller will stay for extended period for transition of the business and will help the buyer build up the traveling and home treatment side of the business that will take away the administrative side that he does not like doing.
Market Competition and Expansion:
Competition: This is an established health care business that deals with the local hospitals, insurance companies and local physicians by way of a clinic and traveling therapists. Has very little competition and has been asked to operate in other Counties and areas.
Growth/Expansion: The business is growing in spite of the seller who has tried to hold it down. The seller is a speech therapist and not a marketing or business type and needs to go back to practicing his vocation that he was trained for.
Reason for Selling:
Business is becoming too large for owner.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: