An exceptional opportunity to acquire a profitable and highly regarded multi-location physical therapy practice in the Western USA. Year-over-year revenue increased 25% in 2022 and is expected to continue to grow with the addition of a recently opened clinic.
Over the past 18+ years, the Practice has primarily focused on Personal Injury treatments but also covers a wide range of physical therapy services, including sports, pediatrics, orthopedics, and neurology. The Practice has over 40 staff members who have a reputation for continually delivering excellent patient service. Offices are fully automated and use WebPT for billing and patient management for a seamless experience at all locations.
2022 and 2023 revenues averaged over $4 million, the Practice 3-year average gross revenue is over $3.6 million, and the 3-year average of SDE is over $1 million. Real Estate assets are available for three (3) of the locations or leases for all four (4) locations. The clinics are strategically located adjacent to the Beltway and Interstate in a major metropolitan area that offers substantial growth prospects.
Summary of benefits for this multi-location Outpatient Physical Therapy
Practice opportunity:
• Established four (4) location practice with loyal patient base (3 with street level access)
• All locations fully staffed and managed without Seller
• 2023 Revenue over $4M
• Highly trained and experienced Physical Therapists and Assistants in place
• Seller assistance provided to ensure smooth transition of employees and referring partners
• Locations in one of the fastest growing metropolitan areas and economies in the nation
• Centralized system for billing and patient management
- Freehold Price:
- On request Furniture / Fixtures included
- Lease Asking Price:
- $5,250,000 Furniture / Fixtures included
- Sales Revenue:
- $4,037,273
- Cash Flow:
- $829,706
Property Information
- Real Estate:
-
Available as lease or with real property included
- Premises Details:
-
This business has multiple owned and leased locations. Optional sale of 3 real properties owned by seller. Leased locations total 3,320 square feet with a total monthly rent of $6,001. Seller is active in the business with 32 FT and 10 PT employees. Hours of operation are 8:00am-7:00pm Monday-Saturday. $479,026 in FF&E included in asking price. $764,455 made in Leasehold Improvements. No special license required to own. Physical Therapists must be licensed.
- Size in square feet:
- 3,320
Business Operation
- Reasons for selling:
-
Retirement
- Trading hours:
-
8:00am-7:00pm Monday-Saturday
- Employees:
- 32FT, 10PT
- Years established:
- 19
Other Information
- Support & training:
-
4 weeks
- Furniture / Fixtures value:
- $479,026 - included in the asking price
- Lease asking price:
- $5,250,000 - Furniture / Fixtures included