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.
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 2020, they were negatively impacted by Covid after closing their business for 4 months. They collected $667,963 in gross revenue with an adjusted EBITDA of $40,963. In 2021, they rebounded and significantly increased, collecting $1,028,428 in gross annual revenue with an adjusted EBITDA of $235,905. In 2022, they are projected to increase again by approximately 30% and are on pace to collect approximately $1.5 million in gross annual revenue with an adjusted EBITDA of $385,000.
There is a full complement of staff that is expected to stay on under new ownership.
The asking price for this opportunity is $1.4 million.
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.