OVERVIEW:
High volume clinic in South Florida (Broward County) in network with over a dozen insurance carriers including Aetna, United, Avmed, Cigna, Health Network One, Worker’s Comp, Medicare and several Medicare Advantage plans. This practice does not rely on “snowbirds” and is averaging over 415 visits in the summer. This is a very suitable acquisition for a therapist looking for a solid base upon which to build or an existing practice looking for a second location or a foothold in this state upon which to grow. The primary demographic that the clinic treats is adults and seniors.

FACILITY: The 1,400 sq ft practice is located in a busy shopping plaza with below market rent at $2900 per month. Lease runs through 2029 and is transferable and renewable. There is an easily accessible parking lot directly in front of the clinic with handicap parking next to the clinic. One office room is currently subleased to a Speech Therapist. All areas have been recently renovated with new gym flooring and paint. All clinic gym equipment and furnishings totaling over $15,000 are included in the sale.

STAFF: All staff are classified as independent contractors. At the moment there is one part-time PT (owner), three part-time PTAs, and two part time front desk coordinators/tech. Prospects for staff staying on under new ownership is excellent, and owner is willing to train new owner on day to day operations.

GROWTH OPPORTUNITIES: We believe there are numerous opportunities for growth for this practice including opportunities to expand insurance options, acquire personal injury cases, offer exercise classes, weekend hours and market to young athletes/weekend warriors.