PT Practice Within Medical Office Building

Essex County, NJ (Relocatable)

PT Practice Within Medical Office Building
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Asking Price: $149,000

Cash Flow: $127,712

Gross Revenue: $235,219

EBITDA: N/A

FF&E: $12,000

Inventory: N/A

Rent: $3,300 /Month

Established: 2004

PT Practice Within Medical Office Building

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Business Description

Launched in 2004, this company goes above and beyond “traditional” physical therapy practices – patients receive personalized, hands-on sessions with the same practitioner every visit, as well as treatment and education plans designed for their specific needs and challenges. This quality of care, plus the company’s stellar track record for healing and pain relief, has earned them an excellent reputation in the region and led to steady growth over the last thirteen years. For an experienced buyer seeking a well-regarded, successful physical therapy practice, this facility provides a firm foundation with tremendous potential for growth.

Detailed Information

Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
N/A
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
With 2000 square feet, the facility is very well suited to the business, outfitted with both open areas for therapeutic activities and private rooms for individual treatment. It is also conveniently located near several major highways and has free parking adjacent to the building. There is ample room within the current facility for expansion, however the business could also be easily relocated, if desired.
Competition:
By design, this owner-operator has been the sole therapist at the office. He is willing to be part of an extended transition period for the right buyer.
Growth & Expansion:
Add more PT's, facilitate insurance relationships, advertise both digitally and locally, expand servicess to include other wellness offerings.
Support & Training:
Owner is sole PT plus 2 part time receptionists. Transition period to be mutually agreed upon.
Reason for Selling:
Relocating
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Michael Givner

Business Listed By:
Michael Givner

IMG Business Advisors

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