UNDER CONTRACT!!!! MULTIPLE CENTER/COMMUNITY BASED PEDIATRIC THERAPY PRACTICE IN THE HEART OF THE MIDWEST is for SALE
OVERVIEW
A multidisciplinary pediatric practice with a 25 year history of service provision is being offered for sale.
The practice provides over 16,500 sessions annually and offers Applied Behavioral Analysis (ABA), Developmental Therapy, Occupational Therapy, Physical Therapy, and Speech/Language Therapy through early intervention, clinic and school services. There is a committed group of elite service providers, totally over 40 full and part time clinicians, all classified as W-2 employees.
The company has long term contracts with Early Intervention and private schools and is in network with many commercial carriers at favorable rates. The practice is well known and has deep roots within the communities where the centers are located, and enjoy a stellar reputation and wide base of referrals. The practice is a fieldwork site for some accredited therapy programs. FACILITIES and SCOPE of SERVICES
The practice has two locations with one in real estate owned by the practice.
Both therapy centers (one 3000 square feet, the other 1400 square feet) are fully equipped and designed for safety and maximal therapeutic gains, including a variety of ceiling suspension points that provide a wide array of sensory input and postural and motor planning challenges. Preference will be given to buyers interested in both the business and the building. A triple net lease offered if only acquiring the business. Both locations are ADA compliant, in robust family friendly communities, with ample parking and near mass and public transportation.
A multidisciplinary pediatric practice with a 25 year history of service provision is being offered for sale.
The practice provides over 16,500 sessions annually and offers Applied Behavioral Analysis (ABA), Developmental Therapy, Occupational Therapy, Physical Therapy, and Speech/Language Therapy through early intervention, clinic and school services. There is a committed group of elite service providers, totally over 40 full and part time clinicians, all classified as W-2 employees.
The company has long term contracts with Early Intervention and private schools and is in network with many commercial carriers at favorable rates. The practice is well known and has deep roots within the communities where the centers are located, and enjoy a stellar reputation and wide base of referrals. The practice is a fieldwork site for some accredited therapy programs. FACILITIES and SCOPE of SERVICES
The practice has two locations with one in real estate owned by the practice.
Both therapy centers (one 3000 square feet, the other 1400 square feet) are fully equipped and designed for safety and maximal therapeutic gains, including a variety of ceiling suspension points that provide a wide array of sensory input and postural and motor planning challenges. Preference will be given to buyers interested in both the business and the building. A triple net lease offered if only acquiring the business. Both locations are ADA compliant, in robust family friendly communities, with ample parking and near mass and public transportation.
FINANCIAL AND PRACTICE DATA
The practice has state of the art IT systems in place for all operations. Full financial and practice statistics and details, including tax returns are available for review. The practice is on an upward trajectory, consistently grosses over $1M, has no bad debt and low AR. Gross revenue for 2023 grew by 46% over 2022 and exceeded $1.9M.There are numerous avenues of growth for the practice, and likelihood for admin and clinical staff to stay on under new ownership is excellent. The practice owner is eager to stay on for a reasonable transition period and will consult long term if requested.SERIOUS BUYERS ONLY –
Ask price is $1,341,000.00
Owner is willing to consider reasonable terms.
Please contact Iris Kimberg on behalf of the practice owner at iris@nytherapyguide.com
The practice has state of the art IT systems in place for all operations. Full financial and practice statistics and details, including tax returns are available for review. The practice is on an upward trajectory, consistently grosses over $1M, has no bad debt and low AR. Gross revenue for 2023 grew by 46% over 2022 and exceeded $1.9M.There are numerous avenues of growth for the practice, and likelihood for admin and clinical staff to stay on under new ownership is excellent. The practice owner is eager to stay on for a reasonable transition period and will consult long term if requested.SERIOUS BUYERS ONLY –
Ask price is $1,341,000.00
Owner is willing to consider reasonable terms.
Please contact Iris Kimberg on behalf of the practice owner at iris@nytherapyguide.com
Details
- January 17, 2024
Contact
- Iris S. Kimberg on behalf of the practice owner
- 18454307749
- iris@nytherapyguide.com
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