$650,000 Outpatient Physical Therapy Practice Servicing the Greater Denver, CO Area

State: 

Colorado

Category:

PT, OT, ST, Rehab, & Chiropractors

Asking Price:

$450,000

Revenue:

$650,000

Listing Code:

COPT1C

American HealthCare Capital is pleased to offer an Outpatient Physical Therapy Practice for sale in Colorado. The company provides a variety of treatments, which include Post-Surgical and Orthopedics with a primary focus on Sciatica Pain, Shoulder Injuries, Neck & Back Pain, Knee Pain, Hip Injuries, Elbow and Wrist, Foot & Ankle, Balance and Work-related Injuries.

The company’s current payer mix is approximately 52% Private Insurance, 22% Cash Pay, 16% Medicaid and 10% Medicare. Over the past three years, the company has increased significantly in annual revenue and is expected to increase again in 2021. In 2019, the company grossed $555,906 with an adjusted EBITDA of $90,913. In 2020, they generated $618,305 in gross collected revenue with an adjusted EBITDA of $89,506. In 2021, they are expected to collect $650,000 by the end of the year with an adjusted EBITDA of approximately $100,000.

The asking price for this opportunity is $450,000.

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