Physical Therapy Outpatient Practice
Location New York,United States
Asking Price Range $250K - $500K
Gross Revenues $176000
Net Profit / Cash Flow $105000
Cash Flow Type EBITDA
Seller Finance No
Year Established 2000
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Owned
Training Negotiable.
Reason for Sale Relocation.
Description Well respected Upstate NY Physical Therapy Practice opened in 2000 to provide quality PT to an underserved rural community. The practice currently operates 3 days/week. There is enormous potential to increse collections exponentially with expanded hours and with NYS Physical Therapy direct access law. Payer demographics include commercial insurance, Medicare, worker's compensation and no fault, and private pay patients. Referrals received from orthopedics, neurosurgery, podiatry, and primary care physicians. This picturesque comunity offers qualtiy schools, churches and recreation in the Catskill Mountains including national renowned fly fishing on the Delaware River. The low cost of living makes the region attractive to retirees from larger metropolitan areas.An active schoolastic sports program leads to referrals for sports related injuries. A modest seasonal lake/cottage polulation increases summer patient volume. Located within 35 miles of major recreation and shopping centers, airports, universities and colleges, makes this practrice afforable, profitable, and practical for a physical therapist looking to leave congested metropolitan practice. The people in this location are honest, hard working and faithfully return to the practice for followup care. First floor office space has tasteful decore and is conducive to patient flow throughout the office which was rennovated with oak fininshings in 2001. The three stroy building included with the asking price has a convenient second floor, two bedroom apartment which facilitates convenient and economical management of the the office, provides residence which is convenient amd comfortable in order to expanded hours if utilized as an owner's residence or provides additional income as a rental property if living off site is more attractive. Email or contact owner at home: 607-598-2228 for more information on this Physical Therapy Outpatient Practice for sale.
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