Well Est. & Growing Physical Therapy Practice

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Great location and demographics
Asking Price:
$249,500

Gross Revenue:
$434,486
Cash Flow:
$138,393
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$25,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

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

Location:
North Carolina
Year Established:
1989
Number of Employees:
3 FT/2 PT
Facilities:
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.
Market Outlook/
Competition:
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.
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About the Sale

Reason For Selling:
The business owner is nearing retirement age.
Training/Support:
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.
Seller Financing:
$25k down/$25k for 120 mos. @ 8.25%/Other Financing

Listing Info

ID:
1636975
Ad Detail Views:
650

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months
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Business Listed by

Don Emmett

Murphy Business & Financial Corporation

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Sponsoring Broker:

Ron Buck
Murphy Business & Financial Corporation


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