Speech, Physical & Occupational Therapy Group Practice

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Asking Price:
$199,000

Gross Revenue:
$685,000
Cash Flow:
$100,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

This is a terrific opportunity to own and grow a highly respected group practice of speech-language pathologists, physical therapists and occupational therapists. Established over 40 years ago, this practice offers comprehensive services addressing a spectrum of patient needs, primarily off-site.

The clinicians provide services within schools, workshops, day habilitation programs, assisted living centers, and nursing homes. The therapists work with children in Head Start and Early Intervention (EI) programs. Additional services, such as American Sign Language classes, accent reduction, as well as private patient cases are offered on-site. The office is easily accessible just west of Boston by several major communicating routes and has dedicated parking. Hearing screenings are periodically offered off-site.

The absentee owner is retiring, creating a great opportunity for an owner/administrator to increase revenues and improve operating efficiencies.

A buyer who has experience and values the clinicians and staff, who enable positive changes in the lives of children, adults, elderly and families will be most successful.

About the Business

Year Established:
1982
Number of Employees:
1 FT/10 PT/16 I
Real Estate:
Leased
Growth & Expansion:
An experienced business person should be able to identify operating procedures to quickly improve profitability. Developing relationships with the growing number of homecare providers, hospitals and/or schools could further increase revenue; the practice’s long-standing reputation in the healthcare community should allow for this.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
The seller will provide support and training
Seller Financing:
A qualified buyer is likely to obtain an SBA loan with 10% down payment

Listing Info

ID:
1536770
Ad Detail Views:
239

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Business Listed by

Molly Hanson

BayState Business Brokers

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Sponsoring Broker:

Marc Gudema, CBI
BayState Business Brokers

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