Company Overview
American Healthcare Capital is pleased to introduce an multilocation outpatient physical therapy practice for sale in Virginia. This well-established practice specializes in orthopaedic rehabilitation. The company participates with most major payers, both government and commercial, in the market.
Financial Overview
Gross Revenues in were $1,137,782 in 2021, $1,082,512 in 2022 and $908,501 in 2023. Net Profit was $48,520 in 2021 and $40,304 in 2022. Adjusted EBITDA in 2023 was $56,218. Revenue projections for 2024 are expected to reach $1 million.
Staff Overview
The physical therapist owner is looking to relocate and is willing to assist during a transitional period. The remaining staff at both locations are expected to remain post sale.
Asking Price
The asking price for this opportunity is $1,000,000 which includes the price of the real estate in Fredericksburg. The seller will consider reasonable offers for the practice alone, with the signing of a long-term lease