Physical Therapy Practice, Established Referrals

NOT DISCLOSED, Maryland

Asking Price	$1,650,000	Year Established
Annual Revenue	$662,850	Reason for Selling
Annual P/L	$0	Attention	Mark Ilardi
Annual Cash Flow	$426,897	Listing Number	1004027
# of Employees		Business Category	Services: Medical, Dental

Business Overview:

This is a privately owned and independent physical therapy practice that launched in 1990 and has continued under the original owner. It is a mature and stable practice with room for expansion.  The current practice specializes in orthopedics, spine myofascial and chronic pain, TMJ, lymphedema, and dizziness/vertigo. The practice is conveniently located just off a major highway, offering ample convenient parking for patients, including those with mobility impairments. It is fully handicapped accessible. The practice has steady and consistent referrals, along with off-site contracts with state correctional facilities in Hagerstown and Cumberland.  It participates with most major insurance companies in Maryland, Pennsylvania, and West Virginia, with the majority of patients being Medicare beneficiaries. The company is organized as an S-Corp and occupies 3,000 square feet of a 10,000 square foot office building, which is also owned by the practice owner under an LLC. The office building is 90% occupied. The owner anticipates retiring at the end of 2026 but is willing to remain for a limited time as a mentor or consultant. This is a turnkey operation with experienced administrative and clinical staff.

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