Company Overview
American HealthCare Capital is pleased to offer a Multi-Location Outpatient Physical Therapy Practice for sale in Colorado. The company provides a variety of treatments, specializing in the areas of Orthopedics, Vestibular, Amputees, and CVA.
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 2021, they collected $861,380 in gross annual revenue with an adjusted EBITDA of $123,612. In 2022, the company increased collecting $1,100,167 in gross annual revenue with an adjusted EBITDA of $138,659. In 2023, through May 31st, the company has collected $587,783 and is on pace to collect approximately $1,500,000 in gross revenue by the end of the year with a projected adjusted EBITDA of approximately $400,000.
Asking Price
The asking price for this opportunity is $1,200,000.
