SOLD – This practice has been sold!!!

Overview:
This well established and highly regarded pediatric occupational therapy practice that has served its community for over 8 years is available for sale. The practice is well known and works with a variety of patients including those with Autism, ADHD, Sensory Processing Disorder, Downs Syndrome, Developmental Delay, Behavior Disorders, and more. Referrals are from word of mouth as well as the two largest pediatric and family medicine groups in the area.
The office is credentialed and participates with Premera, Life Wise, Regence, BCBS, Aetna, Cigna, Kaiser, First Choice, Samba, Tricare, United Health Care, Medicaid, Molina, Coordinated Care, and United Health Care Community Plan.

The practice averages approximately 120 plus productive visits per month; at the owner’s discretion, it is not currently offering services 8 hours a day, 5 days a week.  The productivity of the office could increase by an additional 30-50% if the model to full time practice was instituted. The clinic currently has a waiting list of 20 plus clients. The clinic averages approximately 6 new referrals per week.

Facilities and Location:
The practice is housed in a leased 1500 square foot unit as part of a small medical complex. It is fully ADA compliant and includes ample parking directly outside the door. The facility has a pediatric therapy gym, 3 separate treatment rooms, waiting area with bathroom, office space, and half kitchen with staff bathroom. It is a turnkey operation with full therapy equipment including but not limited to 21 ceiling hooks throughout the gym for suspended equipment, fully matted gym space, lycra swings, ball pit, trampoline, rock wall, monkey bars, scooter board ramp, crash mats, platform swings, bolster swing, therapy balls, weighted balls, and more. Waiting room includes chairs, side table, coffee table, and shoe rack. Office area includes 3 desks, 3 chairs, and shelving units. The unit also includes an alarm system. All of the clinical and office equipment is included in the sale. The lease is reasonable and transferrable.

Current Staff:
Currently our staff consists of 1 occupational therapist (also the owner), and 1 part time Certified Occupational Therapy Assistant (COTA). The COTA is eager to stay under new ownership.

Grown Opportunities:
This is a great opportunity for a solo practitioner looking for a very solid base upon which to build, or as a second location for an existing practice. There are numerous avenues to expand this practice. Physical therapy, Speech therapy, or Counseling services could be added easily.

Financial overview:
The practice consistently generates over $200,000 in annual revenue. There is no debt. Full financial and practice statistics are available for review.

Offering terms:
The practice is being offered at $75,000 and reasonable terms will be considered.

Serious inquiries from qualified buyers,  please contact. Iris Kimberg, MS PT OTR on behalf of the owner. at: iris@nytherapyguide.com.