THIS PRACTICE HAS BEEN SOLD!!!!!!
Have you always wanted to move to Colorado? With the Rocky Mountains in your backyard and more days of sunshine per year than Miami or San Diego… Whether you love hiking, skiing, camping, or enjoying quiet time in nature, there is no place on earth better than Colorado.
Now is your chance to buy a well-established, highly regarded pediatric sensory-based therapy practice in the Denver Metro area at a reasonable price. This great opportunity provides you with an immediate foothold in the Denver market, or helps you to establish a fantastic second location for your business.
With competent staff, a thriving client list, and an outstanding reputation that has been built for over 24 years in the Denver Metro community and beyond, this practice has a state of the art, innovative therapeutic model that delivers many traditional and alternative therapies, including an intensive approach that brings families to the clinic from out of state and out of the country.
Because of the owner’s upcoming retirement, this long-standing, holistic sensory-based private practice is being offered for sale. The therapy practice has 30 to 40 percent self-pay patients, averages approximately 300 productive visits per month, and receives approximately 4 to 6 new patients per month (with little or no marketing due to the stellar reputation the clinic has built with local physicians, schools, and colleagues for its individualized care and unique, intensive approach to sensory-based treatment). Although the practice is currently owned by an OT, a like-minded health professional from another discipline could successfully run and expand the practice.
The therapy practice comes with a highly trained staff that already functions as a team, with zero office politics. The current team of therapists is amazing, and includes full, part time, and prn COTAs/OTRs and a Music Therapist, who treat the majority of the patients and are eager to stay under new ownership. They are dedicated, committed to patient care, professional, and caring.
In addition, the fully trained Front Office Lead has decades of customer service skills and more importantly, has created a bond with each family. Her invaluable, inside knowledge and strong relationships with the clientele will make the transition a relaxed and business-as-usual experience for all. The clinic’s families have awarded her much trust and faith, and they will follow her lead. The current Biller has 13 years of experience as a Practice Manager and can assist in incorporating your business policies, proactively troubleshoot any issues, and spearhead your marketing.
Full financial information including, but not limited to, profit and loss statements, balance sheets, and tax returns for the last three years are available for review. The gross revenue for the practice is over $300K, and is projected to reach $400K for 2018. The therapeutic and office equipment is comprehensive, in good to excellent condition, and valued at over $60K.
Therapy services include 30-40 percent private pay, and are underwritten by the strong interest, dedication, and commitment of wonderful parents and families. Currently there is no active marketing. The clinic has a strong social media program that can be built upon, which includes 18 educational YouTube videos with over half a million views. The marketing platform could also drive additional clients to the practice. By adding a speech therapist and/or a physical therapist, this practice could grow substantially in a short time period.
The practice is being offered at $100K with negotiable terms and possible owner financing. The owner is willing to stay on for a reasonable transition period, and would consider short term employment as a consultant to the new owner in order to serve as a bridge to the therapy practice’s families and staff.
In 2016, U.S. News and World Report ranked Denver the #1 city to live in, and in 2017, Denver was ranked #2. Now is the time to move into one of America’s most rapidly growing markets, where the potential of the growing number of schools and clinicians who will refer new patients to your therapy clinic is excellent!
Serious inquiries only: Please contact Iris Kimberg, MS PT OTR on behalf of the practice owner at firstname.lastname@example.org.