Acquisition Opportunity – Selling a Medicare Certified Rehabilitation Agency. Consists of a Physical Therapy, Aquatic Therapy & Sports Medicine practice for sale. Longstanding clinic located in a very desirable community of Southern California. Gross income of $755,000+ annually. Balanced payor mix of Medicare, PPO Insurance, Workers Compensation, and Patient pay. Ample referral stream from Physicians, Orthopedic Groups, Case Managers, and School Districts. Large facility with ample treatment rooms, Open Gym, Indoor Pool, Front and Back Office, Restrooms, and Reception Area. Ample parking and convenient access to the 405 fwy.
Practice emphasis is on the evaluation and treatment of musculoskeletal and post-operative physical therapy for orthopedic, sports, and work related injuries, and incorporates a variety of modalities and equipment including; land/aquatic therapy, neurologic balance therapy, EPIC lift capacity station, MedX spinal strengthening, cold laser, Cybex equipment, treadmills and exercise bikes. Special programs have been developed for employers to address pre-employment screenings, functional capacity evaluations, and work conditioning for employee reintegration.
Payer mix consists primarily of Medicare and PPO with some work comp and cash paying patients. Owner works 35 hours a week overseeing the management, marketing, and bookkeeping, and has a complete staff of PT's and back/front office personnel to help run business. Practice comes complete with all furniture, equipment, trained staff, and transition assistance for a turnkey opportunity. Practice revenues have been steadily increasing over the last 3 years with the owner showing consistent discretionary earnings of around $200k. Seller is willing to finance part of the acquisition. For details contact physical therapy practice sales consultant at 800-416-2055
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