Growing Occupational & Speech Therapy Practice
Location California,United States
Asking Price Range < $250K
Gross Revenues $157900
Net Profit / Cash Flow $102417
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1999
Number of Employees 6 - 9
Inventory $12K included.
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Leased
Training 6 months as needed for transition.
Reason for Sale Semi-retiring / possibly moving.
Description This owner-operated, fully-equipped, inviting pediatric clinic was established in 1999 and continues to grow in referrals and revenues each year! Business is well-established and reputable in the community in a 25 mile radius referral base from satisfied customers, local pediatricians, rehab MD's, and other pediatric professionals. For the business-savvy buyer, there are opportunities to pursue contracts, to add adult rehab, and increase staffing by hiring interns trained on site. Present staffing: OT, ST, previously PT, and Administrator. 1160 sq. ft. handicap-accessible clinic has potential to expand to 5 or more private treatment areas; presently there are 3 large areas. Clinic is conveniently located off major freeway and public bus routes in highly desirable SF Bay area-one of the highest income regions in the US-- lending to private pay referrals, as well as insurance-based or publicly funded programs. Cash revenues: 50% private pay (mostly PPO insurance w/ re-imbursement to family), 40% state/local funding, 10% HMO insurance pay to clinic. Good working relationships and contacts established with Kaiser, Blue Shield, Blue Cross, United Healthcare, Healthnet, Pacific Healthcare, local regional centers, and local school districts. Infant Program, Parent Resource Agency, Payroll Co., and Bank located in same neighborhood. Low rent w/ option of 5 yr. fixed lease, designated parking, and handicap parking / accessibility make this an ideal location! FF&E & inventory included w/ sale. Perfect opportunity to expand on an existing agency or to develop your own private clinic and work a flexible schedule! **Owner works 3/4 time and is scaling back to retire; will work up to 6 mo. to ensure smooth transition. **MOTIVATED SELLER WILLING TO NEGOTIATE A DEAL! Contact for more information on this Occupational & Speech Therapy Practice for sale.
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