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- RE: High-Demand Physical Therapy Practice With Growth
- Contact: David Harris
Quick Facts
| Asking Price: | $550,000 | |
| Annual Revenue: | $1,100,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $190,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $50,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | 19 | |
| BBN Listing #: | 988298 | |
| Broker Reference #: | 1697 |
Business Overview:
Esteemed physical therapy clinic boasting a strong competitive advantage through a rich history of exceptional patient care since 1999. With a relentless focus on quality and patient satisfaction, this practice stands out in the industry. It showcases a robust team of highly sought-after physical therapists delivering a wide range of unique therapy choices, including specialized aquatic therapy, earning a stellar Google rating of 4.9. Featuring a comprehensive service offering, this clinic attracts a steady volume of referrals, has a high fill rate of 85-90% post-cancellations, and demonstrates significant growth with revenues scaling to over $1.17M in recent years. The practice operates out of two well-equipped facilities, with potential for expansion in one location. This is a remarkable opportunity for a seamless transition to a new owner committed to continuing a legacy of excellence.
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Property Features and Assets:
Operating from two locations, this practice boasts fully equipped facilities conducive to providing comprehensive physical therapy services. The primary space spans 2400 sq/ft, featuring six exam rooms, a rehab bay, and a signature aquatic therapy pool. The secondary, 725 sq/ft office offers an intimate setting for personalized care. Both sites are strategically positioned, providing patients with easy access and ample parking. With the imminent expansion of the smaller location, the practice is set to enhance its operational capacity and service offerings.
Market Competition and Expansion:
The practice presents significant growth and expansion possibilities. The immediate opportunity lies in extending the clinic's operational hours and introducing weekend services to cater to a broader patient base. Additionally, the upcoming lease renewal in one of the locations offers a strategic moment for physical expansion, accommodating more therapists and enhancing service capacity. Implementing an online scheduling system represents a pivotal improvement, aligning with modern patient preferences and potentially boosting new patient acquisition.
Reason for Selling:
Relocating. Kindly ask the seller for more information.
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:
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