American HealthCare Capital is pleased to offer a multi-location Comprehensive Outpatient Physical Therapy Practice for sale in Central New Jersey. They are strategically located in one of the largest counties in the state. The company provides a variety of comprehensive Physical Therapy services, specializing in Orthopedics, Pelvic Health, and Work Hardening care.
The company’s current payer mix is approximately 35% Private Insurance, 35% Workers Compensation, 25% Medicare, and 5% Cash. Over the last two years, revenues have grown significantly. In 2016, the company generated $413,782 in gross collected revenue with an adjusted EBITDA of $32,909. In 2017, they generated $532,346 in gross collected revenue with an adjusted EBITDA of approximately $95,081. Currently, they are projected to reach $600,000 in 2018 with and adjusted EBITDA of $125,000.
The asking price for this opportunity is $350,000.
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.