American HealthCare Capital is pleased to introduce a multi-location outpatient physical therapy company for sale in an affluent area of Maryland, near Washington, D.C. The company has been in business for over 14 years and has an outstanding reputation for personalized patient care. Their services include general physical therapy as well as specialized services for Sports Physical Therapy, Orthopedic Physical Therapy and Geriatric Physical Therapy.
The majority of the company’s revenues are derived from commercial insurance, with about one-quarter from Medicare. The company’s revenues were $1,419,000 in 2016, during which the company had in excess of 15,200 patient visits and an average reimbursement per visit of $96.71. Revenues for the first six months of 2017 were $735,000, and adjusted EBITDA for the Twelve Months Ended (TTM) June 30, 2017 was $400,000. In addition, the company is very profitable. The owner feels that opportunities exist in expanding their services to include breast cancer rehab and sports injury and prevention therapies, both which could increase revenues significantly.
The seller is a therapist owner who is available to continue to provide patient care, and the current staff is available to continue working with a new owner. The asking price for this opportunity is $1.5 Million.
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.