Upper Manhattan OT Pediatric Practice for Sale

A very well established, highly regarded  pediatric OT private practice in Northern Manhattan is available for sale. This is a great opportunity to purchase a thriving practice or establish a second location.
THE PRACTICE
Due to the upcoming retirement of the owner, this well established and highly regarded pediatric private practice is being offered for sale. The practice averages 44 plus productive visits per week, receives approximately 8 new patients per month, with 2 full and 2 part time positions.
The practice is open from 11:00 to 8:00. Saturdays were added to accommodate an increase in patients. The practice enjoys a stellar reputation with local physicians, schools, and colleagues for its individualized care and unique treatment approach. The practice treats children from birth to 21 years of age and works with children who have developmental disabilities, sport injuries, orthopedic injuries, spina bifida, Erb’s palsy TBI’s, etc.

The practice is fully up to date with Multiple Work stations, Wireless Router and Cable Internet. The practice is currently owned by an Occupational therapist, and it is run under an interdisciplinary model with a Pediatric Speech Pathologist and a Pediatric Physical Therapist at the site. The practice is located in Northern Manhattan and there is not another practice within a 4 mile radius. The practice serves children in the neighborhood in which it is located as well as the Kingsbridge and Riverdale sections of the Bronx.  The 850 square feet stand alone office includes 3 treatment spaces, a sensory gym a waiting area with new chairs, and office space. Equipment includes sensory equipment, obstacle courses, spinners, multiple therapy balls of varying sizes, a balance beam, balance disks, a large variety of development toys, a mini tramp and several play centers. The lease is reasonable, transferable and renewable.

Full financial information including but not limited to full practice statistics, profit and loss statements, balance sheets, and tax returns for the last three years are available for inspection. The gross revenue for the company is over $170,000.00 and the practice is debt free.

The practice is being offered at $80,000.00 with negotiable terms.  The owner is willing to stay on for a reasonable transition period.
Serious inquiries only:  Please contact Electra Petra ED.D, OT at therapyofficesale@gmail.com.

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