Are You Ready to Join Forces with Reddy???

Over the last 17 years, Reddy Care Physical And Occupational Therapy  has  grown to three clinics and a thriving In-Home PT & OT program  that serves Long Island, Queens, Staten Island, and Brooklyn. They have demonstrated with great success, the ability to grow ( 4 years on the INC 500 list ) while maintaining a high  quality of care  and supportive leadership team. Despite the challenges of COVID, Reddy Care is busier than ever  and is now looking for similar practices that might want to be acquired and become strategic partners with them.  

If you  are a practice owner of a Med Part B home care practice or an In-office clinic in their geographic area, and would like to explore an exit strategy that involves being acquired, or arrange a mutually beneficial partnership, this therapist  owned  practice would like to hear from you. They are seeking practitioner owned practices with shared values to provide top notch services — and are committed to retaining all existing staff.

All inquiries will be strictly confidential:

Owner Dr. Vinod Somareddy, PT
President/Owner

Reddy Care Physical Therapy, PC
516-351-6848 cell phone
email: vinod@reddycare.net 
https://www.reddycare.net/

A Fully-Equipped Physical Therapy practice on the Upper West Side of Manhattan is downsizing and selling a full array of therapy equipment (large & small) along with office equipment and even furniture.

Therapy Equipment includes:  Hi Lo tables, Elliptical, Bike, Trampoline, Physio Balls, Rolling Stools, Pinch Gauge, Dynomometer, Ultrasound units, portable outsides Ramps, Step Stools,  Parrafin Bath , Weighted Cuffs, Medicine Balls with Rack, Dumbell sets, Traction home unit, Wii (all accessories), adjusted height steps,
Body Blade, etc., etc.

Office Equipment includes: shelf desk for documentation, refrigerator, freezer, printers, television, Echos, Computers with Monitors, Desks, File Cabinets, Chairs, Bookcases, Lamps, and more

TO SEE A FULL DESCRIPTION OF THE EQUIPMENT, CONDITION, AND PURCHASE PRICE, CLICK HERE.

For questions, please email  JohnMartinez@NYC.rr.com  or call  212-875-8345
Equipment  can be picked up after September 6th and must be picked up by September 28^th at the latest.
Payment can be made by cash or credit card.     Owner will help make arrangements for pickup.

WELL ESTABLISHED AND HIGHLY REGARDED UPSTATE NY PHYSICAL THERAPY PRACTICE  and Commerical Property
in the heart of the NYS Capital Region  FOR SALE 

DETAILS and OVERVIEW
A  longtime physical therapy practice in a very community oriented neighborhood is for sale.  The practice has an excellent reputation and is a true staple of the area, well known by area physicians and allied health/ fitness professionals as a facility that truly provides individualized and attentive physical therapy services in a relaxed and friendly atmosphere.   A majority of patients are obtained through local word-of-mouth.
The office is Medicare credentialed and participates with most area-wide private insurance companies including Medicare Advantage, HMOs, PPOs, No-fault Claims and private pay. The practice is open 3 days per week because of other commitments by the owner but could easily ramp up to full time.  Prior to COVID, the practice averaged approximately 33 productive visits per week and received an average approximately 15  new patients per month.  The practice is ramping up again following all CDC guidelines.

Serious inquiries only, please email Iris Kimberg MS PT OTR on behalf of the owner. 

This well established and highly regarded therapist owned outpatient practice providing PT/OT/SLP services is looking to acquire Part B In-Home practices in throughout the 5 boroughs of NY, Westchester, Long Island and will consider other entities throughout the country!!

Potential companies should have a strong track record of growth, consistent base of referrals and employees/contractors that are committed to remain with the company. There is no minimum revenue base and you can be a fully mobile entity or have a brick and mortar component as well.

If you are considering selling your practice or are interested in speaking with someone about an exit strategy that involves being acquired or arranging a mutually beneficial partnership, please contact them in confidence:

Sajan Johnson PT, MS, GCS
Metro Physical & Aquatic Therapy 
1000 Northern Blvd, Suite 150
Great Neck, New York 11021
cell – 516-946-8624
E: sjohnson@metropt.com

Please visit https://www.metrophysicaltherapy.com/  and see what 38 years in business, 60 minute treatment sessions and over 15 locations in the Greater New York area and Florida looks like!

This  growing cancer rehabilitation practice is seeking a full time Occupational Therapist  for their NYC office in Midtown Manhattan.  This specialty boutique practice is busy and back to business for this special patient population specializing in Upper Extremity Orthopedics, Breast Cancer Rehab, and Lymphedema Therapy. The practice  functions as an out of network, private pay practice, offering one on one individual sessions.  The core principles of the practice are  compassion driven, patient centric and holistic, believing deeply in the mind-body connection to promote healing. Stephanie Kiley, OT, CLT, well known and highly respected in the field with over 20 years of experience, is  eager and willing to train the right therapist. In addition, there is strong  potential for an ownership interest in the  NYC practice for the ideal candidate.
The office is located at 119 W 57th Street, Ste 212 in the building where the Columbia Doctors are located. The practice and the building are following all CDC recommendations for COVID 19.

Skills Required

• Current NYS OT license
• 2+ years’ experience lymphedema / outpatient preferred
• Certified Lymphedema Therapist (CLT) preferred
• Compassionate and caring patient-first orientation
• Flexible, driven, good communication skills
• Visit the website to find out more about the practice https://stephaniedessikiley.com/

To Apply – Call 212-421-5505 for more information.  Email resumes to Stephanie Kiley at SDKiley@gmail.com

DETAILS and OVERVIEW 
A  longtime Brooklyn physical therapy practice in a  very family oriented neighborhood is for sale due to re-location of the practice owner. The practice has  an excellent reputation and is a true staple of the neighborhood, well known by area physicians and allied health/ fitness professionals as a facility that truly provides individualized and attentive physical therapy services in a relaxed and friendly atmosphere.   A majority of patients are obtained through local word-of-mouth.
The office is Medicare credentialed and participates with most area-wide private insurance companies. The practice averages approximately 70 productive visits per week and receives an average approximately 30 new patients per month.  A waiting list for new appointments is typical.

THE FACILITY
The practice is on the street-level clinic (one small step) in a residential corner building located on a pedestrian-heavy street.
The 800 square feet clinic includes an open gym/treatment area with a hi-lo treatment table, large mat table, upright bike, cybex functional cable machine, and multiple small pieces of equipment around the clinic.  Additionally, there is a semi-private treatment area with hi-lo table separated by partition wall and curtain for privacy.  The space has tall ceiling with large windows in front and side. The lease is transferrable and renewable; new owner will have to be vetted by Landlord.
Access to the basement with plenty of storage space is available.

CURRENT STAFF
Currently there are 3 p/t Physical Therapists (including owner) with 1.5 FTE.   There are 2 p/t administrative employees, 1 of who handles in-house billing in addition to day-today administrative tasks.

FINANCIAL OVERVIEW   – Full financial information including but not limited to profit and loss statements, balance sheets, and tax returns for the last two years are available for inspection. The gross revenue for the company for the past 3 years is as follows: 2019 -$265,00, 2018- $236,000, 2017-$ 230,000.

PRACTICE STATISTICS-   In 2019:  74 visits/week, 30 new/month. Patients scheduled on the ½ hour.  2018: 67 visits/week, 20 new/month. The practice is ramping up post COVID and is getting very busy.

TERMS  – Ask price is $125,000 with reasonable terms considered. Full financial and practice analytics are available to serious and qualified buyers. The practice owner is  open to flexible terms if there is a minimum down payment of  50% upon closing, The owner is committed to a successful transition and  would stay on as needed for up to 3 months.

Serious inquiries only, please email Iris Kimberg MS PT OTR on behalf of the owner.

This is an opportunity to take over a prime lease in the landmark CITY CENTER Building (130 West 56 Street). Fully renovated 1000 square foot space includes reception area, open plan gym space with ample storage, powder room, changing room with day-use lockers and a washer dryer/refrigerator area.  Building is open 24/7 with security desk, daily housekeeping service and engineering support as needed.  Verizon DSL, business and fax phone lines are in place and can be assumed.  Current rent is $3634/mo with heat & electricity included.  New tenant will have to be vetted by the Landlord.  Here is the list of the existing equipment for sale, which includes three excellent condition Chattanooga Adapta hi-low tables; two Pilates reformers; a sprung wood flooring area for jump training and much more. Owner prefers someone to take over the lease and purchase all the equipment, but will also entertain offers on the equipment only. Here is a link to the full equipment list.

For information email: Email Meg Bronson  at meghann.bronson@gmail.com
Payment can be made by certified check, Venmo or Paypal. No shipping, and practice owner will assist in pick up.