American HealthCare Capital is pleased to offer a multi-location Comprehensive Outpatient Physical Therapy Practice for sale in Central New Jersey. They are strategically located in one of the largest counties in the state. The company provides a variety of comprehensive Physical Therapy services, specializing in Orthopedics, Pelvic Health, and Work Hardening care.
The company’s current payer mix is approximately 35% Private Insurance, 35% Workers Compensation, 25% Medicare, and 5% Cash. Over the last two years, revenues have grown significantly. In 2016, the company generated $413,782 in gross collected revenue with an adjusted EBITDA of $32,909. In 2017, they generated $532,346 in gross collected revenue with an adjusted EBITDA of approximately $95,081. Currently, they are projected to reach
$580,000 in 2018 with and adjusted EBITDA of $90,000.
The asking price for this opportunity is $350,000.
If you would like to learn more, please use the link on the right-hand side of the page to execute our NDA. You will need to copy the Listing Code (Example: TXMC1A) and Listing Title (Example: $1 Million Home Health Agency in Texas) from the summary above to complete the NDA.