Well established physical therapy practice

Asking Price$400,000

Cash Flow
$304,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$580,000

InventoryNot Disclosed

FF&ENot Disclosed

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Well established physical therapy practice


Asking Price$400,000

Cash Flow
$304,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$580,000

InventoryNot Disclosed

FF&ENot Disclosed


Seller Financing Available
Business Description
A highly regarded orthopedic/manual/aquatic physical therapy practice in Nassau County is for sale.

The practice specializes in treating patients who have orthopedic and sports related injuries. The practice also treats patients with a variety of medical and neurological conditions and enjoys long-standing deep-rooted ties with various local referral sources. Located in a very family friendly community, it is also very accessible via car.

The office is an over 2,500-square-foot, ADA compliant ground-floor facility with ample parking, internet, and IT capabilities. It is fully equipped with a full line of strengthening and aerobic equipment, 5 ultrasound, 5 electrical stimulation, 3 Laser therapy units for the reduction of pain in soft tissue, 3 private treatment rooms (one is rented to a massage therapist) with supply cabinets, high-low tables, stools, chairs, and bolsters, a full gym area, an office area with note writing stations with four IT internet computers, two phones, a printer, refrigerator, microwave, toaster oven and high/low storage cabinets. There is a heated, salt generated aquatic therapy pool with jacuzzi jets for the reduction of pain in arthritic joints, and to improve strength and joint mobility for those who cannot perform land-based exercises. The lease is reasonable and transferrable.

The practice is credentialed with most major insurance companies including Medicare, WC/NF, UHC, BCBS. The practice has an ongoing wellness program that is cash based.

The practice consistently grosses over $560,000 averaging 550 treatment sessions per month.

Current staff: 1 part time PT, 2 full time PT's, 1 massage therapist and 1 PT aide, a receptionist/office manager and a massage therapist. All billing is done in house.

This is a great opportunity for a physical therapist looking to build on an established physical therapy facility. Full financial and practice statistics and details will be shared with serious and qualified buyers upon providing proof of funds and signing an NDA.

Send all inquiries to ptpracticeforsale1@gmail.com

Serious inquiries only. Prospective buyer must be a physical therapist.
About the Business
Years in Operation
25
Number of Employees
7
Facilities & Assets
A well-established and highly regarded orthopedic/manual/aquatic physical therapy practice specializing in treating patients who have orthopedic, neurologic and sports related injuries.

The office is an over 2,500 sf, ADA compliant ground-floor facility that is fully equipped with a full line of strengthening and aerobic equipment, ultrasound, electrical stimulation, Laser therapy units, 3 private treatment rooms, a full gym area, an office/kitchen area, and a heated, salt water aquatic therapy pool.
Market Outlook / Competition
Prime location easily accessible by car. Large parking lot.
Opportunities for Growth
Additional hours for expansion
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,500
Rent
$6,333.00 per month
Lease Expiration
8/2/2029
About the Sale
Seller Motivation
Retirement
Transition Support
Owner willing to stay on for a transitional period including revenue cycle management/training.
Listing Info
ID
2377354
Listing Views
598

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Business Listed by: Laurie Fox

Listing ID: 2377354 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.