In - Home Medical Related Physical Therapy Biz
Location Texas,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1384625
Net Profit / Cash Flow $380847
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2008
Number of Employees 20 - 34
Inventory 17073
Relocatable Yes
Number of Employees 20 - 34
Real Estate Owned
Training Seller will train.
Reason for Sale Owner has idea for niche biz within similar industry; wants to pursue.
Description This is a rare opportunity to acquire a rapidly growing business in the medical/physical therapy field in Houston. This business serves the greater Houston area as an in-home physical therapy alternative for those patients with low mobility or limited resources. The company arranges for physical, occupational and speech therapists to visit patients which are registered with a home health agency in the privacy of their home. The home health agency pays this company directly, so there is no need for a sophisticated Medicare/Medicaid billing staff; there is also no licensing requirement to own this business. There are contracts in place with each home health agency to ensure continued revenue in the future. Current areas served include Houston metro, Conroe, Woodlands, Baytown, Pasadena, Sugarland, Stafford, Missouri City and Katy but is continually growing. A high percentage of business is from repeat customers and referrals which has allowed the significant growth over the past 3 years - a strong marketing effort and expansion of services could increase the growth exponentially. Please refer to CBB Listing #7618RDE
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