Great Opportunity to Acquire a Well Established and Highly Regarded Pediatric Practice Serving the Hudson Valley

MULTIPLE CENTER AND COMMUNITY BASED PEDIATRIC THERAPY PRACTICE 
FOR SALE IN HUDSON VALLEY NY
OVERVIEW:  This longstanding and very highly regarded company established over 15 years with over 20 staff therapists and full administrative team offers private and contractual therapy services in their 2 clinics, and in schools and homes as well as telehealth. The company is an approved provider with NYS Early Intervention, Orange County Preschool, and Dutchess County Preschool Programs, has contracts with Tricare Military Insurance, and has three non-bid school contracts with districts for school-aged services in Orange County that are awarded annually. Following COVID 19, their base of private pay clientele has grown tremendously. Typically, in total the company provides over 450 productive sessions weekly.

FACILITIES: The main center of the practice is in a large over 5500 square foot, ADA approved, modern, clean, bright facility with multiple indoor and outdoor treatment options, and ample parking including handicapped parking. There is access to the office 24/7. The practice owner also owns the real estate and is willing to give the buyer a favorable long term net lease and rights to first refusal if it ever goes on the market. The second location in another county is over 2000 square feet with a fully equipped sensory gym and many other amenities. The lease runs through 2028 (it was just renewed for 5 years) and is reasonable and transferable. Copies of the lease and details are available for review. 
 
Both locations are turnkey operations and will include all equipment, supplies, outdoor play activities, and furniture.
 
IT CAPABILITIES: The offices are computerized and utilizes electronic billing via NYEIS, Kinney, CPSE Portal, and excel.  Included in the sale is a Computer Network, Multiple Workstations, Printers, Wireless Router and Cable Internet. Providers utilize Kinney, IEP Direct/Frontline and the CPSE Portal to record client logs.   
 
STAFF: All staff are classified as employees and are hand-picked by the owner and are well trained in their respective fields. All professional staff are qualified, specially trained personnel credentialed and submitted to New York State for background checks and licensed or certified by the State of New York. Additionally, they have a robust therapy student program with 5 local colleges which lends to having a well-trained pool of potential future employees.  
 
FINANCIAL OVERVIEW – 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 inspection. The gross revenue for the company is consistently over $1,000,000 for the last 3 years with no debt.  
 
GROWTH OPPORTUNITIES: We believe there are numerous opportunities of growth for this practice including opportunities to expand as a multidisciplinary provider, utilization of the offices on weekends and becoming a 4410.

OFFERING PRICE AND TERMS: For serious and qualified buyers, additional details and information will be released upon signing a non-disclosure agreement. Ask price is $925,000.00 Terms negotiable. The owner is willing to stay on for a reasonable transition period and might consider longer term employment opportunities with new owner. Will consider flexible terms if 50% is paid at closing and the balance paid within 24 months.

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