Company Overview
American Healthcare Capital is pleased to offer a multi-location outpatient physical therapy practice for sale in the state of Florida. While the primary focus of the clinics is treating neurological conditions such as Parkinson\’s disease, MS, stroke, and balance disorders, they also serve patients with skeletal and pain management issues, speech and swallow conditions, TMJ, and women\’s pelvic floor diagnoses. They also provide occupational therapy, speech therapy, cognitive therapy, movement therapy, functional strengthening, core strengthening, and balance training.
Financial Overview
The company’s current payer mix consists of 60% Medicare, 15% Medicare Advantage, 15% Commercial Insurance 5% Private Pay, and 5% Other. Over the past few years, the company has averaged around $3.6 million in gross revenues. Pre-pandemic, the company grossed over $4.3 million with an adjusted EBITDA of nearly $520,000. They saw a decline in 2020 due to the pandemic, but business has since stabilized, and they expect to exceed $4 million by the end of 2023 and be profitable.
Asking Price
The sellers will consider all competitive offers.
