Due to the upcoming retirement of the owner, this well established and highly regarded pediatric private practice is being offered for sale. The practice averages 44 plus productive visits per week, receives approximately 8 new patients per month, and has long term part and full time PTs, who are eager to stay on at the practice under new ownership. Last year, the clinic was open Tuesdays, Wednesdays and Thursdays 8:00 to 5:30. This year, every other Monday was added to accommodate an increase in patients. The practice enjoys a stellar reputation with local physicians, schools, and colleagues for its individualized care and unique treatment approach. The practice treats children from birth to 21 years of age and works with children who have developmental disabilities, sport injuries, orthopedic injuries, spina bifida, Erb’s palsy TBI’s, etc.
The practice is fully up to date with EMRs, a Computer Network, File Server, Multiple Work stations, Wireless Router and Cable Internet. Although the practice is currently owned by a PT, it is felt that a like minded health professional from another discipline or an adult orthopedic PT looking to diversify could successfully run and expand the practice.
The practice is located in North East Alabama. The practice serves children in the county in which it is located and the five surrounding counties. The 1500 square feet stand alone office includes 4 treatment spaces, a waiting room with new chairs, a laundry room, an equipment storage room and office spaces. Equipment includes a new treadmill, a new Lite Gait that fits over the new treadmill, an older treadmill, a recumbent bike, a large set of practice stairs, multiple therapy balls and peanuts of varying sizes, a slide, 5 Kaye adjustable benches, several balance beams, a large variety of development toys, a mini tramp and several play centers. The lease is reasonable, transferable and renewable.
Full financial information including but not limited to full practice statistics, profit and loss statements, balance sheets, and tax returns for the last three years are available for inspection. The gross revenue for the company is over $200,000.00 and the practice is debt free.
The practice is being offered at $165,000.00 with negotiable terms. The owner is willing to stay on for a reasonable transition period, and might consider longer-term employment opportunities with new owner.
Serious inquiries only: Please contact Iris Kimberg, MS PT OTR on behalf of the practice owner at email@example.com or firstname.lastname@example.org