Established 15 years ago in a family friendly, highly desirable hamlet of Long Island, this well established practice has consistently maintained a stellar reputation and provides a wide range of both pediatric and adult care services. In addition to a strong base of regular orthopedic and neurologic patients, they offer specialization in infant torticollis treatment, pediatric outpatient orthopedics, youth sport, and treatment of dancers and others in the performing arts. They also provide mat Pilates classes and use Pilates principles in many treatment programs. Currently they provide over 100 sessions weekly, exceeding pre COVID levels. The practice is in network with many carriers including AARP, Cigna, ASH MagnaCare, Medicarem MedRisk, Oscar and BCBS and is on target to gross over $300,000 in 2021.
The practice occupies 3700 square feet in a two story building which is ADA compliant, and combines both private treatment rooms and a gym. The facility is fully equipped, has many windows and a new upgraded ventilation system. There are currently two sublet arrangements that are on a month to month basis. The lease is very reasonable and transferrable and there is designated parking. Its location is easily accessible from all surrounding towns,is approximately one mile from a LIRR station and has many local small businesses, restaurants, and shops within walking distance. There is enormous potential to maximize this space for direct or complementary services.
The practice has 2 part time highly experienced and credentialed therapists, a full time PT aide and a front office administrator all eager to stay on with the new owner. The current owner is willing to stay on for a reasonable transition period, and longer on a consultative basis. The practice has established relationships with many local physical therapy academic programs for internships and affiliations.
Full financial and practice information is available for serious and qualified buyers. This practice offers an outstanding foundation with multiple opportunities for further growth and development and is being offered at $245,000. This is a great opportunity for a therapist looking for a very solid foundation for a first location or for an existing practice that wants a second highly desirable location.