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- RE: Longstanding Profitable Physical Therapy Practice
- Contact: Shannon Brown
- License #: 1983390
Quick Facts
Asking Price: | $659,000 | |
Annual Revenue: | $722,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $175,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1994 | |
Employees: | 9 | |
BBN Listing #: | 992084 | |
Broker Reference #: | LA0458 |
Business Overview:
Well-Established, Well-Staffed and Profitable Physical Therapy Practice is for sale by its founding owner. Located in a top, upscale Los Angeles area for over 25 years that is easily reached from many exclusive communities. There is high-visibility location signage on the building that can be seen from the nearby major freeway.
The practice has cultivated an large referral network of doctors, medical clinics, insurers and more, ensuring a continually growing number of patients. Being in-network with most major insurance companies means most patients will return for their full course of treatment and sometimes beyond, with some taking monthly gym memberships, etc. This business has shown steady growth each year since the pandemic. As the general population in the U.S. is aging, the demand for physical therapy services is expected to continue to grow.
The team of licensed Physical Therapists and Physical Therapy Assistants provide physical therapy services for a wide range of conditions and patient objectives. There are many positive reviews from satisfied patients on social media. The location has five completely private treatment rooms, each with specialized equipment, and there is a large and well-equipped gym, and several offices for management. The team includes an insurance billing specialist and a receptionist. All equipment is in good condition, décor and all turn-key elements are in place like a laundry room on-site. There is a nice website with many resources for doctors and patients.
There are good books and records. The current owner is a Physical Therapist but only works part time as the staff can manage the business on a day-to-day basis. The building is well-kept and has parking for employees and patients. There may be additional space in the building that could be leased for expansion of services that can be offered to the existing clients or to bring new clients in.
If you are a licensed Physical Therapist looking to step up into ownership, or a Physical Therapy business looking to expand, look no further because this physical therapy business is just about perfect.
PLEASE NOTE: The sale of this business is confidential and only qualified buyers with related industry experience should inquire. No information will be provided until a Confidentiality Agreement, background information and proof of funds is received. Please reply by hitting the Contact Seller button to receive documents and further instructions in order to learn more about this opportunity.
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Property Features and Assets:
Business Name on building can be seen from major freeway in a well-known upscale area of Los Angeles.
Ground Floor facility with 5 private treatment rooms and a well-equipped and sunny gym, two private offices, reception area. Excellent parking. Room for expansion possible.
Market Competition and Expansion:
Excellent referral network of doctors and medical centers that trust and recommend this physical therapy center.
Many ways to grow, add new services, extend hours, etc.
Reason for Selling:
Preparing for retirement.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
Relevant Links:
- View more California businesses for sale
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