Physical Therapy and Wellness Practice
Business Description
Berkshire Hathaway Commercial presents Greco Physical Therapy And Wellness, a fully renovated medical practice in Caldwell, NJ. This established healthcare business offers comprehensive services including physical therapy, acupuncture, therapeutic and medical massage, rehabilitation exercise programs, sports and work injury rehabilitation, graston therapy, cupping, pre/post surgical rehabilitation, red-light therapy, IV drip, posture reevaluation, and wellness programs.
BUSINESS HIGHLIGHTS:
• Fully renovated practice with high growth potential
• Comprehensive service offerings across multiple wellness disciplines
• Absentee owner operation demonstrating strong management systems
• Established patient base and revenue history
• Prime Essex County location
• VERY low rent
•Long Term Lease (9-years with 5-year option)
FINANCIAL OVERVIEW:
• Asking Price: $250,000
• Annual Cash Flow : $50,000 (ONLY Open 3-days a week)
• Revenue multiple reflects growth stage opportunity
GROWTH OPPORTUNITIES:
Significant expansion potential through extended operating hours (6-7 days weekly), additional physical therapists and PTAs, enhanced wellness service offerings, and in-home service delivery. The current absentee ownership model provides incoming buyers flexibility to implement growth strategies immediately.
OWNER SUPPORT:
Office manager available for retention with comprehensive support and training during transition period, ensuring operational continuity.
This turnkey medical practice represents an excellent opportunity for healthcare professionals or investors seeking entry into the growing physical therapy and wellness sector. The diverse service portfolio and renovation-ready facility position the business for immediate expansion in New Jersey's robust healthcare market.
Seller motivated due to other business opportunities. Qualified buyers will receive detailed financial documentation and operational insights during due diligence process.
BUSINESS HIGHLIGHTS:
• Fully renovated practice with high growth potential
• Comprehensive service offerings across multiple wellness disciplines
• Absentee owner operation demonstrating strong management systems
• Established patient base and revenue history
• Prime Essex County location
• VERY low rent
•Long Term Lease (9-years with 5-year option)
FINANCIAL OVERVIEW:
• Asking Price: $250,000
• Annual Cash Flow : $50,000 (ONLY Open 3-days a week)
• Revenue multiple reflects growth stage opportunity
GROWTH OPPORTUNITIES:
Significant expansion potential through extended operating hours (6-7 days weekly), additional physical therapists and PTAs, enhanced wellness service offerings, and in-home service delivery. The current absentee ownership model provides incoming buyers flexibility to implement growth strategies immediately.
OWNER SUPPORT:
Office manager available for retention with comprehensive support and training during transition period, ensuring operational continuity.
This turnkey medical practice represents an excellent opportunity for healthcare professionals or investors seeking entry into the growing physical therapy and wellness sector. The diverse service portfolio and renovation-ready facility position the business for immediate expansion in New Jersey's robust healthcare market.
Seller motivated due to other business opportunities. Qualified buyers will receive detailed financial documentation and operational insights during due diligence process.
About the Business
- Years in Operation
- 0
- Employees
- 4 (4 Part-time)
- Facilities & Assets
- For Sale is a newly renovated, growing physical therapy practice which is only open 3 days a week consisting of 1 Doctor of Physical Therapy, 1 Physical Therapy Assistant (PTA), 1 Physical Therapy Aide. The doctor is currently seeing 2-4 patient per hour, PTA is seeing 2 patient per hour, consisting of 26-30 hrs in a 3 days a week.
- Website
- https://grecowellness.com
- Opportunities for Growth
- Growth opportunity is to be open 6-7 days a week and hire more PT's and PTA's as well as expand their wellness services and provide in home services. The owner is absentee and does not work in the practice.
About the Sale
- Seller Motivation
- Other business Opportunities.
- Transition Support
- Office manager can stay on and will provide support and training.
Listing Info
- ID
- 2432629
- Listing Views
- 116
Business Location
Listing ID: 2432629 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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