Well Est. & Growing Physical Therapy Practice

NC

Seller Financing Available
Well Est. & Growing Physical Therapy Practice
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Asking Price: $249,500

Cash Flow: $138,393

Gross Revenue: $434,486

EBITDA: N/A

FF&E: $25,000

Inventory: N/A

Established: 1989

Well Est. & Growing Physical Therapy Practice

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Business Description

Great location and demographics

Physical Therapist owned and operated for over 25 years, this Triangle Physical Therapy Center is staffed by clinicians with 63 years of combined experience. Qualified physical therapists deal with joint motion, muscle strength and endurance, function of heart and lungs and performance of activities required in daily living. Treatment includes therapeutic exercises, cardiovascular endurance training and training in activities of daily living.

The clinicians have a wide range of expertise in treating impairments/dysfunctions of non-surgical or post-surgical orthopedic/sports medicine related injuries/conditions for patients of all ages and level of condition.

Last 12 Months Financials cover 4/1/18 to 3/31/19.

Detailed Information

Employees:
3 FT/2 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business is located in a professional office building in a very desirable and upscale Research Triangle town. The facility has 5 treatment rooms and a spacious gym well outfitted with physical therapy equipment.
Competition:
This physical therapy practice is the oldest and most established in its market area. This clinic is the "Go to" therapy facility on it's side of this great Triangle town. The chief competitors are physical therapy centers with hospital contracts. Other competitors attract their clients from the "other side of town".
Growth & Expansion:
Being located in a very desirable, dynamic and upscale Triangle town that is experiencing robust population and housing growth. Physical therapy is $30 billion industry with 30% job growth expected over the next 10 years. This expansion is due to an increase in sedentary lifestyles, aging population, growth in employment and early specialization in sports.
Financing:
$25k down/$25k for 120 mos. @ 8.25%/Other Financing
Support & Training:
Will train for 4 weeks @ $0 cost. The clinic provides hands-on manual therapy techniques for the treatment of all musculoskeletal injuries, as well as pre- and post-operative rehabilitation. Physical therapists conduct one-on-one sessions with the assistance of rehabilitation technicians. Individualized and comprehensive programs are designed to relieve pain, improve strength and restore motion and mobility.
Reason for Selling:
The business owner is nearing retirement age.
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Don Emmett

Business Listed By:
Don Emmett

Murphy Business & Financial Corporation

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Sponsoring Broker:
Ron Buck

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