A well-established geriatric, orthopedic and manual Physical Therapy practice in Cook County, Illinois, a suburb of Chicago is for sale due to the upcoming retirement of the owners.
OVERVIEW
The practice, established over 20 years ago, treats a variety of neurological and orthopedic patients and receives referrals from long standing referral sources and word of mouth. The practice is credentialled with Medicare, B&B of IL, Meridian, Wellcare and is out of network with many other plans. Although the owners (two PTs) will be retiring, there are two aides and an office manager who will stay on under new ownership. The owners are willing to stay on for a reasonable transition period.
FACILITY AND REAL ESTATE
The office is a 5-suite combined condominium unit one the second floor of an ADA compliant Medical Professional Building, occupied by physicians and dentists. The space is over 2400 square feet, and strategically located next door to the biggest trauma hospital in the area. There is ample free parking, and elevator service. The space is fully equipped, and all clinical and computer equipment is included in the sale; a huge gym with all equipment, 8 private rooms fully equipped with tables, US, IFC, TENS, Laser treatment, stools, pillows. 2 traction rooms for cervical and lumbar traction. There is a designated waiting area and front office and an electric saving light system in all rooms.
TERMS
The owner would like a buyer who is interested in purchasing both the clinical practice and the real estate.
Financial, practice statistics and real estate records, floor plans, all relevant details including purchase price for both will be disclosed to qualified serious buyers upon signing an NDA.
For more information, please contact Iris Kimberg on behalf of the owner at Iris@Nytherapyguide.com