This well established and highly regarded PT owned outpatient physical therapy practice is coming up for sale due to the owner’s pending retirement.
This practice sees a combination of orthopedic and neurological patients, and has very well established local referral sources. The practice is a Medicare Part B, works with many WC patients It is in network with a large number of insurance contracts including Humana (all plans), BCBS (anthem) except HMO, Cigna (open access Plus, PPO and HMO, Medicaid plans (Wellcare, Amerigroup, PeachState and CareSource. UHC, One Call and Medrisk.
The practice averages about 65 sessions per week and the staff consists of Physical Therapist/Owner, a full time physical therapist assistant and support staff of 1. At the present time, the practice consistently grossing over $300,000. The owner is willing to stay on for a reasonable transition period and other staff is eager to stay on with new owner. The existing lease is very favorable, renewable and transferable.
The practice is in a great family friendly community conveniently located with ample parking. The 1600 square foot facility is ADA compliant, fully built out and equipped, with a main gym, 2 closed door private treatment rooms, nd reception area. It is fully equipped and all equipment is in very good shape including a recumbent bike, rowing machine, biodex balance machine, tread mill , parallel bars, elliptical, US/E -stim etc. The practice is in a great family friendly community conveniently located with ample parking. The existing lease is very favorable, renewable and transferable.
Full financial information and practice statistics are available upon request. Ask price is $100,000 and owner is willing to consider to stay on for a reasonable transition period.
Serious inquiries only: Please contact the practice owner directly at firstname.lastname@example.org