Physical Therapy Practice For Sale

Matthews, NC (Mecklenburg County)

Physical Therapy Practice For Sale

Asking Price:$155,000

Cash Flow:$75,208

Gross Revenue:$273,458





Physical Therapy Practice For Sale

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Business Description

Owner is ready to retire after 23 + years. This Physical Therapy practice specializes in Orthopedic patients but treating all diagnoses and all age levels. The business provides patient centered personal service, and custom design each patient's rehabilitation program. In recent years, they have added corporate clients and are doing functional Capacity Evaluations, Post Offer and Fit for Duty testing, job analysis and ergonomic assessment. Over 70% of their business comes from Doctor or Hospital referrals, 20% from corporate referrals, and 10% from past patient's referrals.

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Detailed Information

Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
2,000 square foot office condo designed specifically for out-patient physical therapy. Located near a major hospital.
Started over 23 years ago by the owner, this physical therapy center has always been focused on customers service, customer designed patient programs and individual attention. This approach has led to repeat referrals and business for many years.
Growth & Expansion:
Additional marketing would aid business and opportunity for increase of referral partners exists for a new owner. Owner has not sought new referral partners in years as he has not had to seek additional revenue.
Support & Training:
Owner will work on a transition plan of up to 4 weeks.
Reason for Selling:

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Adam Petricoff

Business Listed By:
Adam Petricoff

VR Business Brokers Charlotte

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