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Physical Therapy Clinic For Sale

Spokane County, Washington, US
Asking Price:
$251,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$487,484
Cash Flow:
$116,065

The Company is a local, privately-owned PT clinic started by a husband and wife team in eastern Washington in 2005. They’ve been in the same location for the past 18 years. The clinic is conveniently located in the heart of the community it serves, with plenty of parking, and is within blocks of the local hospital. They provide outpatient physical therapy services to their clientele.

Property Information

Real Estate:

Lease

Premises Details:

Located at the heart of the community it serves. The clinic provides easy access from I-90, bus routes and the local hospital. The facility is a 3,200 sq. ft., condo-style, two story, leased property with 20+ parking spaces including handicapped parking and ADA access. Situated in the lower level of the building, accessed via a ramp or stairs. Exterior doors are auto open for patients' convenience.

Business Operation

Expansion Potential:

Potential for growth in this expanding market is excellent.

Competition / Market:

While there are other physical therapy clinics in the area this physical therapy clinic is well established, consistently profitable and has an excellent reputation in the community it serves.

Reasons for selling:

Seller is exiting the business to pursue work life balance.

Trading hours:

Mon/Wed/Thurs 7am-5pm; Tue/Fri 7am-3:30pm

Employees:
3 FT/3 PT
Years established:
18

Other Information

Support & training:

Will train for 2 weeks @ $0 cost.

All Physical Therapists and Physical Therapist Assistants are required to be licensed in the state of Washington and must have BLS - Basic Life Support certification.

A Washington State Physical Therapy License or Medical License is required to own this business.

Financing available:

Lender pre-screened with $25,100 down.

Furniture / Fixtures value:
$32,569 - included in the asking price
Inventory / Stock value:
$1,000 - included in the asking price
Relocatable:
This business can be relocated.