Multidisciplinary Practice and Commercial Real Estate in North Central Florida for Sale
due to relocation of Owners
The practice: The long established and highly regarded therapy practice offers ABA, Speech and Occupational Therapy Services. The practice averages over 350 productive visits per week, and currently receives approximately 30 new patients per month. The ABA program has a evry strong demand, and a waiting list of over 25 patients. The center is credentialed and has contracts with most Medicaid companies, and is an approved provider for Early Steps and ABA services. Additionally, the center is a certified provider for continued education for the state of Florida. They have a contract to do SSI assessments for speech, and offer services to 3 charter and preschools.
Current staff is eager to stay on and include over twenty therapists, 50% full time and 50% part time. The therapists include SLP CCCs, SL CF, SLPAs, OTs, COTA, BCBAs and RBTs.
The practice counts with an administrative staff of an office manager/patient care coordinator/scheduler and a billing specialist who also does authorizations and credentialing. Additional part time help is contracted as needed for. The practice grosses over $750,000.00 annually.
The commercial space: The building which houses the center is over 4000 square feet and located in an upscale office park area, with great visibility from the road. The building is a ground floor, no steps, modern clean space with numerous windows and natural light. The office is wired with state of the art security system. There is ample free parking, including handicapped parking. It is located within walking distance of major commercial areas that includes major drugstores, supermarkets, cafes. It is walking distance from a major recreational park. The center is a short driving distance from schools, day care centers and children’s gyms. It includes a large waiting room, administrative area and administrative office, eight individual offices for speech therapy, one room for evaluation, a large gym with new equipment and two smaller areas for ABA and OT; as well as a kitchen/lunch room and laundry room
Terms and ask price:
The current owners strongly prefer to sell both the practice and the building simultaneously. The ask price for both is $709,000 with terms available. A preliminary appraisal of the building alone was $630,000.
Serious and qualified buyers, please contact Iris Kimberg, MS PT OTR on behalf of the owners at firstname.lastname@example.org. or email@example.com