Physical Therapy Powerhouse - $4MM in Sales - 12,000SF Facilityl
Business Description
Rare opportunity to own a highly profitable, leading provider of Physical Therapy services. Business offers a full range of therapeutic options not available in hospitals or other therapy centers. Customer base is derived from approximately 60% doctor referral, 30% word of mouth, and 10% website leads. The 12,000 sq. ft. facility includes spacious, state-of-the-art therapy center is designed for optimal patient care. The success of the business is attributed to its comprehensive therapy options, three experienced therapists, three physical therapy assistants, five support techs, two administrative staff in addition to owner, with contracted maintenance and marketing personnel. Owner currently works in the business 40+ hours per week on insurance verification, authorization, scheduling, billing, and collections. Payroll is processed through Paychex every two weeks. Business accepts commercial insurance, Medicare, Medicare supplemental, worker compensation, self-pay and VA claims with 1,000-1,500+ claims per month. Financial options are offered for those who have difficulty covering co-pays, deductibles, co-insurance and self-pay. Owner is willing to train to ensure a smooth transition. Please refer to CBB Listing #8374
About the Business
- Years in Operation
- 10
- Facilities & Assets
- 12,141SF freestanding facility on 79,749SF of land
- Opportunities for Growth
- Implement marketing strategy; hire additional staff.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 12,141
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Seller will train
Listing Info
- ID
- 2424655
- Listing Views
Attached DocumentsAttachment Disclaimer
Listing ID: 2424655 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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