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Physical Therapy And Rehabilitation Center

Location  Florida,United States
Asking Price Range  $250K - $500K
Gross Revenues  $406388
Net Profit / Cash Flow  $124773
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  1996
Number of Employees  4 - 5
Inventory  100000
Relocatable  No
Number of Employees  4 - 5
Real Estate  Leased
Training  two weeks
Reason for Sale  other business interests
Description  This is a 16 yrs established, fully licensed physical therapy clinic operating as a rehab agency, or ORF (Outpatient Rehab Facility) for sale in a very upscale, affluent part of Palm Beach County. Very difficult if not impossible for non-physical therapists to currently receive rehab agency licenses from the state. This facility is owned by a Physical Therapist who works in the office on a less than full time basis. Selling due to other business interests but still willing to assist new owner by seeing/evaluating patients. Benefits of being a Part A clinic and a rehab agency include being able to see patients for a longer period of time before the medicare cap kicks in, not having a PT be on-site to treat patients, and easily opening satellite offices. Seller states current annual sales to be $406,388 and annual net income to be $124,773. Eqpmt valued at approximately $100K included in asking price of $345K with $200K down. Seller will carry a Note for the right buyer. Company also does billing in-house; majority of patients is medicare. Wide variety of physicians refers patients due to the company's longstanding reputation for outstanding patient care. Please contact Martin Berliant at 561-827-1181 or email for more information.
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