Rarely available, this is a stellar OT and PT pediatric practice with longstanding clinic, home and school contract based services in Suffolk County, Long Island.
For over 15 years this practice has served this family friendly mixed residential/commercial
The practice has over 5 longstanding school contracts that are renewed annually.
The practice is housed in the entire ground floor of an ADA compliant commercial building The 1200 square foot office includes a total of 4 treatment rooms currently being used as 2 sensory gyms, one mixed media room (used for evaluations, fine motor tasks and sometimes used by professional colleagues who occasionally sublease) and a private treatment room. It is fully built out, with windows in each room. There is also a smaller room that is currently being used as a break room with typical kitchen amenities. All therapy and administrative equipment is included in the sale. The lease is reasonable and transferrable and there is additional space potentially available in the building. The office is fully computerized, utilizes an EMR and there is reliable able internet and a wireless router.
There are 4 OTRs, 1 COTA, and 2 PTs along with an office manager and part time administrative assistant. They would all be interested in continuing under new ownership.
The practice has no debt, low AR and typically grosses over $750,000, except during the height of COVID. Full financial information, P/L statements, practice statistics, tax returns etc. are available for review.
This practice is being offered at $295,000.00 Reasonable terms will be considered with certain contingencies based on the renewal of existing school contracts and the owner is willing to stay on for a reasonable transition period.