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$800,000 Revenue Outpatient Physical Therapy Clinic in New York

State: 

New York

Category:

PT, OT, ST, Rehab, & Chiropractors

Asking Price:

$750,000

Revenue:

$800,000

Listing Code:

NYPT1K

American Health Care Capital is pleased to introduce an Outpatient Physical Therapy Clinic business located on Long Island, New York. They pride themselves on caring, compassionate care. The business began in 2003. The company has an ideal location near several retirement communities, which has offered a steady stream of patient referrals, year after year. They service only adult patients, specializing in Hand, Vestibular, Parkinson’s,Diagnostics and Orthopedics. The current service area consists of Long Island and all of Suffolk County.

The clinic serves an average of 1,000 patients per month. Gross revenues have been in the $700,000 range over the last few years with an adjusted EBITDA margin of over 30%, not including owner’s salary. In the first 3 quarters of 2020, they grossed $600,000, putting them on track to gross $800,000 by the end of the year. There are numerous opportunities for growth, and the clinic has the capacity to serve additional patients. The staff is available to stay on under new ownership.

The asking price for this opportunity is $750,000.

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