Company Overview
American HealthCare Capital is pleased to introduce an outpatient physical therapy company for sale in the Bronx, New York. The company has been in business since 2007 and has an outstanding reputation for personalized patient care. It provides traditional physical therapy services, while additionally specializing in manual physical therapy.
Financial Overview
Company revenues are derived from private/commercial insurance, Medicare, Medicaid, Managed Care plans, and Workers Comp/Auto. Company Revenues were $867,000, $830,039, and $924,260 for 2020, 2021, and 2022 respectively. The Company had Revenues of $1,047,540 during 2023 with an Adjusted EBITDA of $298,899 (28.5%).
Patient visits have averaged around 300 per week post-COVID. Prior to Covid, weekly visits averaged 400 per week. The Company sees 40 new patients per month.
The owner feels that significant opportunities exist in marketing the company’s specialized services, including marketing to a major hospital nearby. The Company is strategically located right off of two major New York City highways.
Staff Overview
The seller is a therapist Owner who is available to continue seeing patients on a part-time basis. The current staff is available to continue working with a new owner.
Asking Price
The asking price for this opportunity is $900,000.
