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Physical Therapy Center and Fitness
| Asking Price: | $224,000 | Inventory: | $3,000 ++ |
| Gross Revenue: | $318,350 (comments below) | Real Estate: | n/a |
| Cash Flow: | $110,578 (comments below) | FF&E: | $30,250 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: P&L Very Good Books & Records | |||
| Cash Flow Comments: P&L Very Good Books & Records | |||
Physical therapy clinic (ORF) Established for 11 years. Located in one of the most desirable locations and demographics in Palm Beach County. Specialties are orthopedics/sports medicine, neurologic, elderly (stroke and cardiac), TMJ, and other general to severe/special needs cases pre and post surgical. This practice is established with a great reputation, does little advertising and is mostly referral based. Clinic works with universities hosting interns and providing the latest in therapeutic modalities, techniques, and treatments. This clinic has treated MLB, NBA, NFL, and professional track & field athletes as well as renowned celebrities. Many physicians are treated at this clinic because of its outstanding reputation. Very well equipped and maintained facility and treatment areas. Clinic also offers personalized treatment to high-net worth clientele in the area. Customer focused, accomplished and professional staff in place. Owner also allows fitness and personalized training at the clinic. Seller would consider partnership.
About the Business
Year Established:1998
Employees:2 full time - 2 part time
Facilities:Nice strip center with street signage that is grandfathered by city provides huge competitive advantage in advertising & marketing. 1,600 square feet. Signage at this location is grandfathered as approved by the city, present signage would not approved by today’s codes. Signage provides excellent exposure, identity, and is a competitive advantage in the marketplace.
Market Outlook and Competition:Marketing consists of Yellow Pages advertising, established and improving relationships with various insurance companies, web presence – coming soon, referrals, owner attending and cultivating physician relationships. Owner also writes a monthly column that is distributed to participating physician’s offices. Businesses' Tag line: “big city knowledge in a little town.” Skillsets of service providers, repuration and long history of providing outstanding care to patients, and fantastic location in a great community. Community is one of the most desirable in Palm Beach County. Treat patients with a wide-range of physical ailments and referrals from a wide-range of physicians and medical service providers. Physical therapy is one of the fastest growing areas of health care/job growth. 8:00 a.m. to 7:00 p.m. Monday through Friday. 1 full-time office administrator, 1 full-time physical therapist - owner, 1 full-time physical therapy tech, and 3 part-time physical therapists on call - as needed.
About the Sale
Management Training and Support:Three-weeks at no cost to new owner. Additional training and familiarization available with employment or consulting agreement. Seller would consider partnership.
Reason For Selling:Children's entertainment career is taking-off
Seller Financing:$99,000 for 60 months at 8% ($2,007.36 per month)
KEYWORDS: Sports medicine, physical, therapy, rehabilitation, fitness, medical, practice, NBA, NFL, MLB, track, field, Palm, Beach, Outpatient, orthopedic, neurologic, clinic, sports,
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County: Palm Beach Last Viewed: Dog Day Care, Boarding and Groomer
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