Physical Therapy Powerhouse - $4MM in Sales + Large Gym & Pool
Business Description
Rare opportunity to own a highly profitable leading provider of Physical Therapy. This niche business offers both aquatic and land therapy. Hydrotherapy has become the gold standard for rehabilitation with no direct competition in the rapidly growing area. Customer base is derived from 60% doctor referral, 30% word of mouth, and 10% website. The 12,000 sq foot facility includes a 2,500 sq ft state-of-the-art, heated, therapeutic exercise pool. For land therapy, strengthening and other therapy needs, a fully equipped full-sized gym is available. The success of the business is attributed to the unique options available with experienced therapists and their dedicated teams. Long-term loyal staff consists of 3 full time therapists, 3 full time therapy assistants, 5 full time techs, and 2 full time administrators, contract marketer, maintenance man, and cleaning crew. 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 insurance, workers comp insurance, and self-pay with 700-1,000 claims billed monthly. 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 #8340
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
- 41
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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