Highly Successful Physical Therapy Practice For Sale
FINANCIAL INFORMATION
BUSINESS LOCATION
Asking Price:
Gross Revenue:
Cash Flow:
Down Payment:
$550000
$693182
$287141
670000
FF&E (included):
Inventory:
Financing:
No
Palm Beach County
BUSINESS DESCRIPTION
14 Years Established Boutique Physical Therapy and Chiropractic Practice for Sale. Facility is owned and operated by physical therapist/chiropractor. Extremely busy practice averages 20 evals per week and 35-40 visits per day (average patient visit is $75). Typically a 2-3 week waiting period because of the clinic’s adoption of unique manual therapies which are of immense value to patients. About 1/3 of practice is Medicare; balance is mix of private pay (about 30%), PPOs, HMOs, PIP, and WC. Patients referred by physicians as well as patient referrals/word of mouth. Clinic in well apportioned medical building and has not had to advertise due to outstanding reputation. Buyer does not need to be a chiropractor nor employ one. Advertised financials assumes similar working ownership. Seller owns the unit and will offer initial attractive lease, or will alternatively accept reasonable terms for the unit in package deal. Clinic employs two full time PTAs, one full time massage therapist, and two back office people. Seller will give 90 days of free training to ensure smooth transition. Please contact Martin Berliant at 561-827-1181 or email for more information. Non-disclosure form is required.