A well established and busy physical therapy practice offering orthopedic and musculoskeletal related physical therapy services in Red Bank NJ is available for sale due to the pending retirement of owner. The practice enjoys a great reputation and receives steady patient referrals from local physicians, and seasonal and fulltime residents in the area. The practice does approximately 135 treatment sessions per week, getting 8-10 new patient referrals per week. The practice has grossed consistently over $750,000 annually.
Centrally located in Red Bank NJ, the 3000 square foot office is in a professional building near a local hospital with ample parking. The office has 5 individual treatment areas separated by curtains, traction area and hydrotherapy space. There is a fully equipped 1000 square foot gym and a waiting room can accommodate 6 patients. ADA compliant bathroom is located just outside office. Physical therapy equipment includes various modalities in electrical stimulation and ultrasound. Mechanical traction and whirlpools, hot and cold hydrocollators and light therapy. The gym has aerobic equipment including recumbent cycles and a treadmill. Biodex isokinetic system. Magnum lumbar spine system and shoulder press/lat press unit. Biodex Balance System and Sit To Stand device. A full pulley apparatus is also here, along with the plyometric rebounder.
The owner is willing to stay on for a reasonable transition period and the lease is reasonable and transferrable. There are 3 full time staff members ( an office manager, secretary and PT Aide) that would be willing to stay on . Financial and practice statistics along with ask price will be shared with serious and qualified buyers.
For additional information, please contact the practice owner via e mail at firstname.lastname@example.org or 732-266-0414