Business Overview:
This turn-key physical therapy practice located in Northern California has provided outpatient therapy and aquatic therapy services including community programs for over 30 years. This business employs a talented team with decades of experience who work to provide the highest caliber training and programs for clients. This business has garnered a loyal following of customers and has built an excellent reputation in the industry throughout its history, and this provides an incoming buyer with an opportunity to capitalize on the business’ success up to this point.
This business has experienced steady sales and margins year over year, producing revenues of $770,000 and discretionary earnings of $294,000 in 2019.
The facilities include a large gym area, indoor pool and hot tub. Also included are treatment areas, office areas, a laundry room, a break room with full kitchen, excellent handicap access, showers and bathroom facilities. The location provides large parking lots and is close to other medical facilities.
This location has minimal competition in the surrounding area and the local hospital does not provide outpatient rehabilitation services.
This turn-key business offers a well-trained staff and a loyal customer base provide an opportunity for a fluid transition to new ownership without disruption. The current ownership has expressed a willingness to train a new owner for a mutually agreed time period in order to ensure a seamless transfer of ownership.
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Reason for Selling:
Retiring
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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