Company Overview
American Healthcare Capital is pleased to offer a Multi-Location Outpatient Physical Therapy Practice for sale in Colorado. The clinic provides exceptional care for various injuries and conditions, specializing in orthopedics, vestibular therapy, amputee rehabilitation, and recovery from cerebrovascular accidents. The clinic is committed to an employee-centric approach, focusing on empowering healthcare providers, ancillary caregivers, patients, and the local community through knowledge, patience, and fortitude. It maintains strong clinical affiliations with several prestigious local institutions.
The clinic’s comprehensive approach to patient care is supported by a diverse network of referral sources, including direct access patients, orthopedists, primary care physicians, internal medicine specialists, ear, nose, and throat doctors, personal trainers, chiropractors, neurologists, rheumatologists, and other physical therapists. This extensive referral network ensures a steady flow of patients and sustains the clinic’s growth.
Financial Overview
The company’s current payer mix is approximately 45% Private Insurance, 40% Medicare, 10% cash pay 5% Workers Comp. Over the past few years, the company has increased in annual revenue and was profitable. In 2022, the company increased collections to $1,100,167 in gross annual revenue with an adjusted EBITDA of $138,659. In 2023, the company increased by approximately 25% by collecting $1,385,213 in gross annual revenue with an adjusted EBITDA of $291,696. In 2024, they are on pace to collect 1.6M in gross annual revenue by the end of the year with a projected adjusted EBITA of approximately $300,000.
Asking Price
The asking price for this opportunity is $1,350,000.