American HealthCare Capital is pleased to offer an Outpatient Physical Therapy practice for sale in Maryland. The company provides a variety of comprehensive Physical Therapy services and conditions including orthopedic and neurological disorders and specialize in patients with Parkinson Disease, Multiple Sclerosis, vertigo/vestibular issues, and concussions. They serve clients in the greater Baltimore area.
The company’s current payer mix is approximately 65% Medicare, 30% Private Insurance, and 5% WC. Over the past three years, the company has remained consistent in annual revenue, except for 2020 where they saw a decline due to Covid. In 2019, they generated $677,678 in gross collected revenue. In 2020, the company generated $432,215. In 2021, they collected $543,847 in gross annual revenue with an adjusted EBITDA of $107,667, and they anticipate getting back to the $600,000 – $700,000 range in 2022 with an adjusted EBITDA margin around 20%.
The asking price for this opportunity is $400,000.
