Company Overview
American HealthCare Capital is pleased to exclusively introduce a leading and well-established Physical Therapy provider for sale in Southern California. Founded in 2007 by a committed and dedicated therapist, this company operates three locations offering pre-operative and post-operative therapy, as well as non-operative therapy for injuries that are a result of work, trauma, or overuse.
Financial Overview
The company’s payer mix is 43% HMO (Medicare Advantage or Commercial), 34% Commercial Insurance, 18% Medicare, 5% Worker’s Comp, and 1% cash. Trailing 12-month gross revenues are nearly $2 million with an adjusted EBITDA of approximately $372,500.
Referrals are received primarily through local physician relationships and via HMO network physicians. The company receives 300 referrals per month, adding 200+ new patients and averaging 78 visits per day.
Staff Overview
The team of W-2 employees is composed of a highly experienced and dedicated group of professionals across all locations who are expected to remain with the company post sale to ensure continuity in service quality. The current owner is available to assist a new owner with a short transition period if needed.
Asking Price
The asking price for this opportunity is $2.3 million, which does not include cash, receivables, or working capital.
