Established Physical Therapy Practice in Queens

Not Disclosed, NY
Queens County


Asking Price: Annual Revenue:
$400,000 $500,000

Services: Medical, Dental


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RE: Established Physical Therapy Practice in Queens Broker: Sherry M. Wang
Owner Financing is Available!
$100,000.00

Quick Facts

Asking Price: $400,000
Annual Revenue: $500,000
Net Profit: Not Disclosed
Cash Flow: $155,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 3
BBN Listing #: 478952376
Broker Reference #: 86471-768398

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Business Overview:

This well-established physical therapy practice has been serving the neighborhood for over 10 years in Jamaica, Queens. The 1,100 square feet practice is accessible to wheelchair patients, and has 2 doctor’s offices, one spacious physical therapy area with 6 beds and all the equipment you’ll need for Part Time treatment. There is a second floor with a kitchen and more rooms and beds available for extra rent. Doctor only works 5 days a week, usually sees 80-100 patients per week. All major insurances are accepted. Great location, very busy residential area, perfect for a PT doctor to start or expand his/her business in Queens. Please contact for details.

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Property Features and Assets:

The practice has been established for over 10 years.

Market Competition and Expansion:

Very minimal competition nearby. The office did $1 million revenue in 2015, and the owner’s profit was over $300,000. The business has been downsized since 2016 due to family health issues. There is great potential for the new owner to take the office back to the original level and grow even more.

Reason for Selling:

Health

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.

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