PI Rehab & Ortho/Neuro Group – Absentee Owner, $600k+ SDE
Business Description
This listing is for an established personal injury–focused medical group in Boca Raton, Florida, consisting of:
A rehab/therapy clinic providing chiropractic and physical medicine services to auto accident and slip-and-fall patients, and a complementary orthopedic & neurosurgery practice providing pain management, injections, and surgical services to the same PI patient base.
The businesses work primarily with PIP and settlement-based personal injury cases. Patients typically receive therapy and rehab services first, with surgical and interventional care provided through the orthopedic/neurosurgery entity when clinically appropriate.
The owner is a seasoned PI healthcare operator who no longer sees patients, and instead focuses on attorney relationships, marketing, and high-level oversight. Clinical care is delivered by a team that includes a chiropractor, therapists, two surgeons, and support staff, plus a long-standing outsourced billing company (in place ~20 years).
For 2024, combined normalized Seller’s Discretionary Earnings (SDE) are estimated at approximately $600k+, with 2025 year-to-date performance indicating a normalized SDE of around $650k. The practices are well-positioned for a buyer with capital and management depth to further scale marketing, add providers, and potentially grow into additional locations or markets.
In addition to the ongoing practice operations, the seller reports a substantial portfolio of outstanding PI-related accounts receivable (approx. $17.5 million) that is not included in the practice price, but may be available to a qualified buyer as a separate, discounted A/R acquisition opportunity.
A rehab/therapy clinic providing chiropractic and physical medicine services to auto accident and slip-and-fall patients, and a complementary orthopedic & neurosurgery practice providing pain management, injections, and surgical services to the same PI patient base.
The businesses work primarily with PIP and settlement-based personal injury cases. Patients typically receive therapy and rehab services first, with surgical and interventional care provided through the orthopedic/neurosurgery entity when clinically appropriate.
The owner is a seasoned PI healthcare operator who no longer sees patients, and instead focuses on attorney relationships, marketing, and high-level oversight. Clinical care is delivered by a team that includes a chiropractor, therapists, two surgeons, and support staff, plus a long-standing outsourced billing company (in place ~20 years).
For 2024, combined normalized Seller’s Discretionary Earnings (SDE) are estimated at approximately $600k+, with 2025 year-to-date performance indicating a normalized SDE of around $650k. The practices are well-positioned for a buyer with capital and management depth to further scale marketing, add providers, and potentially grow into additional locations or markets.
In addition to the ongoing practice operations, the seller reports a substantial portfolio of outstanding PI-related accounts receivable (approx. $17.5 million) that is not included in the practice price, but may be available to a qualified buyer as a separate, discounted A/R acquisition opportunity.
About the Business
- Years in Operation
- 16
- Employees
- 15 (12 Full-time, 3 Part-time)
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 3,500
- Rent
- $12,000.00 per month
- Lease Expiration
- 1/31/2029
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- 4 weeks, no cost.
Listing Info
- ID
- 2458931
- Listing Views
Listing ID: 2458931 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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