Seller's Contact Information
- RE: Physical Therapy Practice For Sale
- Contact: BusinessTrade
- License #: BK3339237
Quick Facts
Asking Price: | $69,900 | |
Annual Revenue: | $200,000 | |
Net Profit: | $75 | |
Cash Flow: | $75,000 | |
Total Debt: | Not Disclosed | |
FF&E: | 35,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2011 | |
Employees: | 2 | |
BBN Listing #: | 51764829 | |
Broker Reference #: | 2044417 |
Business Overview:
Great Physical Therapy Business - Ready for Growth Again!!
Physical Therapy Practice for Sale. Well-established since 2011 and in-network provider with most major medical insurance plans. The clinic treats a mixture of Medicare, Commercial and Workers Comp patients and insurances.
Owner is selling due to retirement and health issues. Business is poised for an active owner who can easily continue to see patients and easily grow the business as today there has been no media marketing (online or in-person) being done, just word of mouth, returning patients, and past physician referral base. This business is ready to grow with active marketing.
Facility is located on major road with excellent visibility and flexible lease terms. 1 mile from major hospital. First floor clinic with plenty of parking with easy accessibility for patients. Currently leasing two combined units totaling 1,600 sq ft that is renewable or can be downgraded to 800 sq ft also. $3493/monthly lease.
3rd party billing company in place; can be kept or changed.
All equipment included and two weeks of training as needed.
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Property Features and Assets:
Flexible Lease $3490 per month covering two suites. New owner can keep both or reduce to one 800 sq ft suite. Currently, both suites are 1,600 sq ft total. Option to renew in August.
Market Competition and Expansion:
Excellent location off major road with 40,000 car daily visability. Market is great with many seniors which is a prime market. Unfortunately, due to health issues, owner is only working part-time as he is not able to handle full load of patients.
Reason for Selling:
Owner is Retiring - Health Issues
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
Documents:
Relevant Links:
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