A well-established and highly regarded orthopedic/manual/aquatic physical therapy practice in Nassau County is for sale due to the upcoming semi-retirement of the owner.

The practice specializes in treating patients who have orthopedic and sports related injuries. The practice also treats patients with a variety of medical and neurological conditions and enjoys long-standing deep-rooted ties with various local referral sources.Located in a very family friendly community, it is also very accessible via car.

The office is in an over 2,500-square-foot, ADA compliant ground-floor facility with ample parking, internet, and IT capabilities. It is fully equipped with a full line of strengthening and aerobic equipment,  5 ultrasound, 5 electrical stimulation, 3 Laser therapy units for the reduction of pain in soft tissue,  three private treatment rooms with supply cabinets, high-low tables, stools, chairs, and bolsters, a full gym area, an office area with note writing stations with four IT internet computers, two phones, a printer, refrigerator, microwave, toaster oven and high/low storage cabinets. There is a heated, salt generated aquatic therapy pool with jacuzzi jets for thereduction of pain in arthritic joints, and to improve strength and joint mobility for those who cannot perform land-based exercises.  The lease is reasonable and transferrable.

The practice is credential with most insurances including Medicare, WC/NF, BCBS, UHC, MPN, Emblem Health, Oxford, Humana, Tricare, Cigna, and is the designated provider for the FDNY and NYPD in the area. The practice has an ongoing wellness program that is cash based. The practice consistently grosses over $500,000 averaging over 500 treatment sessions per month. Current staff is the PT owner, 2 PT aides, a receptionist/office manager and a massage therapist. The practice currently uses QuickBooks for payroll, WebPT for schedule/notes and Therabill for billing with billing done in house.

This is a great opportunity for a therapist looking for a solid foundation upon which to build, or as a second location. Full financial and practice statistics and details will be shared with serious and qualified buyers upon signing an NDA.
Ask price is $525,000.  Owner willing to stay on for a reasonable transition period and up to one year post acquisition.