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Businesses For Sale   >>   Medical Practices Businesses For Sale

Physical Therapy Office For Sale

Location  New York,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $0
Net Profit / Cash Flow  $3000000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1999
Number of Employees  4 - 5
Inventory  255000
Relocatable  Not Disclosed
Number of Employees  4 - 5
Real Estate  Leased
Reason for Sale  Retirement

Description  
This practice was started in 1999. This well established and very profitable practice has an outstanding reputation for providing top quality service and enjoys a diverse patient population from a wide range of referral sources. They are on the cutting edge of physical therapy service known for intelligent and targeted therapy with successful results. The practice is operated in a first class, professional therapeutic setting with 3,000 square feet of space providing ample room for existing business and plenty of room for growth. The practice has a fully equipped gym with a full complement of equipment, and an executive office for staff. The practice is a participating provider in many major insurance plans. There is room to grow the practice. This practice represents an wonderful opportunity for an existing Physical Therapist to add on a new location or for a new professional looking to acquire a solid, well run operation with an experienced support staff in place. There are three full time physical therapists that permit the practice to be fully operational and efficient even without the owner present. There is an opportunity to increase therapy hours by the addition of either/or a weekend day and evenings after 7pm. The owner is willing to stay on for a reasonable transition period. The premises enjoy a lease which includes a five year term with two five year options plus and option to purchase the building. Rent is only $12/square foot. Only qualified, serious acquisition candidates will be considered. Proof of funds and good credit is necessary.


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