American HealthCare Capital is pleased to introduce an outpatient physical therapy company for sale in a Denver, Colorado suburb. The company was founded by its owner and has an outstanding reputation for individualized personal therapeutic care. The company provides a wide array of services for comprehensive rehabilitation including orthopedic, vestibular, pelvic health services and, on-site rehab services to industrial clients in the area. Their service area spans over a 10-mile radius of their office.
The company’s payer sources are Medicare, Worker’s Compensation, and In-Network private insurance contracts; while between 15-20% of revenues are derived from the industrial clients. Gross revenues were $717,630.53 in 2015 and are on track to gross $673,000 in 2016 with an adjusted EBITDA of $150,000. Annual patient visits are approximately 7000, with approximately 50-60 new admissions per month. The owner feels that tremendous growth could be achieved by increasing the on-site industrial rehab portion as well as partnering up with local hospitals.
The staff is expected to stay on under new ownership and the seller is available to assist during a short transitional period.
The asking price for this opportunity is $650,000.
If you would like to learn more, please contact us for a Confidentiality Agreement that will allow us to share more detailed information with you.