Well-established, cash-based physical therapy practice serving the greater Austin market for over 20 years. The company operates from two high-traffic locations in desirable submarkets and has built a reputation for results-oriented, one-on-one manual therapy.

The clinic operates outside of the traditional insurance model. All services are delivered on a direct-pay basis, eliminating reimbursement delays, billing complexity, and third-party payor exposure. Standard sessions are one hour in length and positioned at the premium end of the market, supporting strong margins and consistent cash flow.

Revenue has remained stable over the past three fiscal years, ranging from approximately $675K to $692K. Seller’s Discretionary Earnings have averaged approximately $390K over the same period, with margins in the mid-to-high 50% range. Detailed financial recast available for qualified buyers.

The practice maintains a database of thousands of past and active clients, with an approximate 50/50 mix of repeat and new patients. Referrals are driven primarily by word of mouth, physicians, and athletic coaches. There has been minimal investment in formal digital marketing or paid advertising to date, creating identifiable upside for a buyer who implements structured online marketing, referral campaigns, or brand expansion strategies.

Operations are lean and stable. The team includes an experienced full-time physical therapist and administrative support staff. The seller indicates the business is not operationally dependent on his continued involvement and is willing to provide transition support as needed.

Each location is approximately 1,200 square feet with multiple private treatment rooms. Facilities are fully utilized. Working capital requirements are modest and inventory needs are minimal. No known regulatory or litigation matters have been disclosed.

The seller is pursuing retirement.

Buyer Profile:

Licensed physical therapist seeking ownership of a high-margin, direct-pay practice

Regional operator expanding into the Austin market

Strategic buyer interested in scaling a cash-based healthcare model

Expansion pathways include adding therapists, extending operating hours, formalizing digital marketing efforts, and replicating the model in adjacent markets.

Additional details, including financial documentation and location specifics, will be provided to qualified buyers upon execution of a Non-Disclosure Agreement and completion of a buyer profile.