Asking Price: $249,500 Gross Revenue: $434,486Cash Flow: $138,393 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $25,000 included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Physical Therapist owned and operated for over 25 years, this Triangle Physical Therapy Center is staffed by clinicians with 63 years of combined experience. Qualified physical therapists deal with joint motion, muscle strength and endurance, function of heart and lungs and performance of activities required in daily living. Treatment includes therapeutic exercises, cardiovascular endurance training and training in activities of daily living.
The clinicians have a wide range of expertise in treating impairments/dysfunctions of non-surgical or post-surgical orthopedic/sports medicine related injuries/conditions for patients of all ages and level of condition.
Last 12 Months Financials cover 4/1/18 to 3/31/19.
About the Business
Number of Employees:
3 FT/2 PT
The business is located in a professional office building in a very desirable and upscale Research Triangle town. The facility has 5 treatment rooms and a spacious gym well outfitted with physical therapy equipment.
This physical therapy practice is the oldest and most established in its market area. This clinic is the "Go to" therapy facility on it's side of this great Triangle town.
The chief competitors are physical therapy centers with hospital contracts. Other competitors attract their clients from the "other side of town".
Growth & Expansion:
Being located in a very desirable, dynamic and upscale Triangle town that is experiencing robust population and housing growth. Physical therapy is $30 billion industry with 30% job growth expected over the next 10 years. This expansion is due to an increase in sedentary lifestyles, aging population, growth in employment and early specialization in sports.
Will train for 4 weeks @ $0 cost. The clinic provides hands-on manual therapy techniques for the treatment of all musculoskeletal injuries, as well as pre- and post-operative rehabilitation. Physical therapists conduct one-on-one sessions with the assistance of rehabilitation technicians. Individualized and comprehensive programs are designed to relieve pain, improve strength and restore motion and mobility.
$25k down/$25k for 120 mos. @ 8.25%/Other Financing
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