Due to the upcoming semi retirement of the owner, this long time pediatric multidisciplinary practice, organized as a PLLC in the state of NY is for sale. The practice has had an active Early Intervention contract since 2008, along with many longstanding CPSE and CSE contracts. The practice provides a combined 250 plus treatment sessions per week, either school, community or office based. In addition to the contractual work, the practice is in network with serveral insurance carriers, with all therapists credentialled. Top line revenue is consistently over $600,000.00
Please note that this practice has a small component of adult based therapy services, which comprise less than 20% of the total top line revenue of the company.
The practice is located in a fully ADA compliant one floor office park in a family friendly Suffolk County suburb with easy access to highways. There is ample parking for staff and clients. Fully built out, the space is 3,250 square feet housed in a one-floor office park with a reasonable, transferrable lease. There is a waiting room and front office space, staff/breakroom, a full sensory room (private and equipped) that includes suspension apparatus for swings, private speech and OT rooms , a large gross motor gym fully equipped with 2 suspension apparatus for swings, and an infant room equipped with a large plinth and associated infant/toddler equipment. Rent is currently $7600 per month with a renewable and transferrable lease.
Separately there is an ample-sized room for mainly adults with 2-plinths, equipped with a countertop table set up for fine motor and upper extremity strengthening, treadmill, elliptical, recumbent bike and UBE. This room can be made completely private by closing the door to the gross motor gym.
The practice currently has 4 physical therapists, 3 occupational therapists and 3 speech therapists on staff. The likelihood of continued employment under new ownership is excellent.
The ask price is $395,000.00 with flexible terms, and the owner is willing to stay on for a reasonable transition period. Serious and qualified buyers, please contact Iris Kimberg, MS PT OTR on behalf of the practice owner at iris@nytherapyguide.com .Once NDAs are signed, all financial and practice statistics will be available and site visits will be arranged.