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Growing Physical Therapy Practice
Location: United States -> Texas -> Austin -> Travis County
Industry: Health and Medical > Medical Practices

Business Summary

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)


Asking Price Range:  < $250K
Gross Revenues:   $211,561
Cash Flow:   $88,693
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $19,000
Seller Financing:  No

About The Business

Year Established:  1989
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Two weeks of training at no cost
Reason For Selling:  Seeking a new career path

Print Listing Id: 700249861
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