Services - Health, Medical & Dental

Asking Price	$150,000	Inventory	$1000*
Gross Income	$156,000	Real Estate
Cash Flow	$125,000	Year Established	2006
FF&E	$10,000*	Employees	N/A

* included in the asking price

** not included in the asking price

This is a physical therapy clinic, located in West Seattle which has realized profits since it opening in 2006. The owner is well connected with several other small health care offices in the area, as well as a larger orthopedic clinic, and the majority of patients are referred by such offices and/or other patients. Some patients have come to the clinic via referral by their insurance company s preferred provider list. This clinic offers a different kind of treatment session than other PT clinics in the area; therefore, many practitioners exclusively refer those patients who could benefit from a higher level of hands-on care to this clinic. The clinic has made approximately 22-35 patient hours available weekly since it opened. The current owner s focus has been on patient care and maintaining established relationships with referral sources while expending little effort at gaining new referral sources. This is an outstanding opportunity for the physical therapist who would like to become part of a well-connected community of various practitioners, hold their own hours, treat in a low stress environment with longer treatment sessions, and offer the highest quality of care available in physical therapy.

Facilities: The business office space is subject to a three year lease in a building with many other small health care businesses: massage therapy, counseling, acupuncture, naturopathy, primary care/nurse practitioner . About 600 sq feet paying $1,116/month. Also and incredible website with convenient online scheduling system.

Competition: There are no known clinics within 2-3 miles that offer such a unique treatment approach. There are several larger PT clinics which offer less of a hands-on approach and shorter visits, and as a result, are not widely utilized by this clinic s referral sources.

Growth/Expansion: There is opportunity for growth. The owner has not had the time or desire to grow the clinic beyond its current level due to personal and family demands. The potential for growth is evidenced by the fact that this clinic has had a consistent wait list since its opening and occasionally refers patients out to another PT clinic if unable to create space in the schedule. Additional office space is periodically available in the present building if and when a new owner may wish to expand the business.

Financing: Possible to right buyer with solid down payment

Support/Training: The Seller will assist with establishing an ongoing relationship with current strong referral sources so that there is a smooth transition. This may include helping to set up and attend lunch meetings with current referral sources and sharing information about likes/dislikes of the treatment preferences of each referral source.

Reason Selling: Owner must re-locate for family reasons