This long established out-patient physical therapy clinic is located in the Central Austin. It is focused on engaging patients with individualized rehabilitation programs to address multiple medical conditions. The scope of services provided include physical therapy, aquatic therapy (pool on-premise) and state of the art laser therapy. It has a well developed referral network within the physician community and benefits from favorable contracts with major insurers.

The treating staff includes 1 full-time physical therapist, 2 part-time physical therapy assistants. The administrative staff consists of a reception/billing clerk.

With the addition of another physical therapist and expanded staff support, the clinic could quickly increase its revenues. At present, the clinic has difficulty scheduling all the referrals it receives. This is a great opportunity for a licensed physical therapist to enter into private practice or expand an existing practice in a prime location. The current facility can support substantial growth and has a long-term lease at below market rates. The landlord is willing to extend the terms and lease for the new owner.

The current PT owner is seeking a change to allow for more family time. She is open to remaining with the practice as a staff PT to assist a new owner for a negotiated transition period. For a qualified candidate, some owner financing may be negotiated.

Financials (2015)

Revenues: $220,884

Profits: $85,599

Profit Type: Seller's Discretionary Earnings

Asking Price: $135,000 (includes leasehold improvements and FF&E)