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Physical Therapy / Pain Management Practice
Location Illinois,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $1650000
Net Profit / Cash Flow $900000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1997
Number of Employees 10 - 19
Inventory 205000
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Owned
Training Will provide necessary training & support to ensure a smooth transition.
Reason for Sale Retirement.
Description Since 1994, this Medical Pain & Injury Center in the Western Suburbs has been providing its patients with powerful non-surgical solutions for everything from chronic back and neck pain to work and extremity injuries.
Their team of physical medicine and rehabilitation specialists, physicians and physical therapists combine advanced techniques with one-on-one care. Their personalized approach is designed to optimize the quality of care and achieved results.
Some of the services provided:
-The latest proven techniques to reduce pain and restore strength and mobility
-State-of-the-art MEDX treatment for back and neck pain
-A wide range of equipment and therapy modalities
-Compassionate, one-on-one care from
experienced physical therapists
The business mix is approximately 50% Medical/Diagostic, 50% Physical Therapy and Pain Management. The PT & Pain areas are an upward trending medical area that will continue to increase with the aging population.
The business has approximately 50% returning clients, 50% new patients mix. They have a great reputation that results in a high referral rate from area physicians and existing customers. They have an agressive marketing strategy that has also helped the business grow.
The practice has a very low employee turnover and contracts with a physical therapist agency to ensure they can always meet their patients needs.
Historical Summary:
The owners established this business and have built it into a reputable and successful practice.
Owner Qualifications :
Medical License required: MD, DO, DC
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