Early Intervention Physical Occupational Service

Orange County, NY

Seller Financing Available
Early Intervention Physical Occupational Service
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Asking Price: $179,000

Cash Flow: $90,000

Gross Revenue: $711,000

EBITDA: N/A

FF&E: $90,000

Inventory: N/A

Rent: $1,100 /Month

Established: 2000

Early Intervention Physical Occupational Service

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Business Description

Excellent business opportunity to own this physical-occupational therapy center that offers a full range of therapeutic & educational services to children. This company services infants and toddlers through their Early Childhood Mental Health Program, which provides mental health screenings, referrals and treatment for children. The Early Intervention Program (EIP) is a public program for children under the age of three who have or are suspected of having a developmental delay or disability. The EIP program is funded by New York State and county governments. Their knowledgeable and highly motivated team of professionals is committed to providing the highest quality of care to the children they service. They work with children and their families to promote optimal childhood development in the areas of cognition, gross and fine motor skills, sensory processing skills, language acquisition, feeding skills, and self-help skills. They are an approved provider of EIP services and under contract with NYS/NYC Early Intervention Programs to provide these services. They are also approved by the Orange County Department of Health to provide Preschool services to the children of Orange County. The company is privately owned and operated by a practicing licensed physical therapist. This company has on an average thirty-four part time employees who are unaware of the pending sale and fully expected to remain post-closing, the monthly payroll cost is approximately $45,000. The business has an assignable commercial lease which expires 2019 plus additional options, with a monthly rent of $1,100 rent security of approximately $2,000. The 2018 yearly gross income is $711,800 and the business has a yearly net income of approximately $90,000 based on an onsite owner operator and prior to any debt service. Please do not disturb business, this sale is confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo does Not represent this particular business opportunity.

Detailed Information

Location:
Orange County, NY
Real Estate:
Leased
Building SF:
1,200
Lease Expiration:
N/A
Employees:
34
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This highly successful therapy center, which consists of 1,200 square feet has an attractive professional appearance. The business is in a mid-size commercial professional complex with other active and successful businesses. This opportunity is in Southern New York State, Orange County, which consists of various highly populated cities-communities with continued demand for this professional service.
Competition:
Although competitors presently exist in the industry, to the best of our knowledge, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.
Growth & Expansion:
The business presently has an inadequate marketing plan, basic web site which can be improved to further develop the business with new relationships representing an improved income.
Financing:
Available with an appropriate down payment.
Support & Training:
The owner will remain post-closing and is fully prepared to supply an appropriate transitional period to the new owner / operator.
Reason for Selling:
The sale is due to the owner’s family responsibility.
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(from currently available funds)
 
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Ron Cervelli

Business Listed By:
Customer Service

Regal Consulting Corp.

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