American HealthCare Capital is pleased to introduce an Outpatient Physical Therapy Practice for sale in Colorado. This well-established company has been in business since 2014. They service the greater metropolitan Denver area.
The company’s payer mix is 63% insurance, 29% MLB, 8% Workers Comp, and less than 1% Auto Insurance. Gross collections have steadily increased over the last few years, reaching $270,000 in 2016 with a Net Profit of approximately $50k. They are currently on track to gross around $315,000 in 2017. The owner feels there is tremendous room for growth in expanding the size of the clinic.
The staff is available to continue working with a new owner, but the seller would like to pursue other interests. The asking price for this opportunity is $225,000.
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.