Company Overview
American HealthCare Capital is pleased to offer a Comprehensive, Multidisciplinary Outpatient Physical and Occupational Therapy Practice for sale in New York City. The company provides a variety of multidisciplinary services, specializing in PT, OT, Massage Therapy, Personal Training, and Chiropractic Services.
Financial Overview
The company’s current payer mix is approximately 55% Commercial Insurance, 35% Private Pay, and 10% Medicare. Over the past three years, the company has increased in revenue and remained profitable. In 2022, they collected $1,419,185 in gross annual revenue with an adjusted EBITDA of $402,407. In 2023, they increased slightly and collected $1,425,900 in gross annual revenue with an adjusted EBITDA of $290,387. In 2024, they are projected to increase again by approximately 20% and are on pace to collect approximately $1.7 million in gross annual revenue with an adjusted EBITDA of approximately $400,000.
Staff Overview
There is a full complement of staff that is expected to stay on under new ownership.
Asking Price
The asking price for this opportunity is $1.395 million.
