American HealthCare Capital is pleased to introduce a multi-location outpatient physical therapy company for sale in Maryland, based in an affluent area near Washington, D.C. The company has been in business for over 15 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 25% from Medicare. The company’s gross annual revenues were approximately $1.7 million in both 2019 and 2018, and they were profitable. During 2019, the company had in excess of 16,900 patient visits with an average reimbursement per visit of $100. The owner feels that opportunities exist in expanding their services to include breast cancer rehab and golf rehab programs, both of which could increase revenues significantly.
The seller is a therapist owner who is available to continue to provide patient care. The current staff is available to continue working with a new owner. The asking price for this opportunity is $1.5 million.
