Seller's Contact Information

  • RE:  San Diego Area Physical Therapy Clinic Established
  • Contact:  Ryan Clark

Quick Facts

Asking Price: $400,000
Annual Revenue: $284,123
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: 35,000
Real Estate: Not Disclosed
Year Established: 2002
Employees: 8
BBN Listing #: 99874929
Broker Reference #: SANPT

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Business Overview:

This Southern San Diego area physical therapy clinic has been established for nearly 20 years. The clinic serves a diverse community with patients that are often native English and Spanish speakers and reside with a 10 mile radius. It regularly provided services to 40 to 60 patients daily via its highly trained personnel that include an office manager, 2 office staff, 2 aides and 3 physiotherapists (one of which is a contractor on call for foverflow). The facility’s collected fees per full-time physical therapist exceed the $200,000 - $300,000 per year national average. They outsource billing and pay 8% of the collected reimbursements. The majority of the operation’s reimbursements come from Medicare (70%) and Medi-Cal (30%), and PPO’s with limited amounts from Workmen’s Compensation Insurance.

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Property Features and Assets:

This clinic operates out of a 1,660 square foot facility that leases for $2,617 per month on a lease that a buyer may retain. All of the business’s furniture, fixtures, equipment and permitting will be included in the sale, including its National Provider Identifier number (NPI) as it’s a covered entity under HIPAA. As the clinic provides transportation services for patients its 2010 van will also be included in the sale.

Market Competition and Expansion:

Competition exists, however this clinic has been a community staple for years. With it being an incumbent physical therapy clinic in the area coupled with its reputation for exceptional service, the great referral source network it’s developed and its solid patient flow, this business has a competitive advantage. New operators may wish to take this well-established clinic in any number of directions.

Reason for Selling:

Personal

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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