Status: Active
Posting ID: 280606
10/12/23
$425,000.00
Asking Price
Description
This Northern California-based Physical Therapy Clinic is a California S-Corporation that has been family owned and locally operated for over 30 years. They provide physical therapy, aquatic therapy, senior services, and sports therapy and recovery. They provide private treatment rooms and a fully equipped gym with a year-round indoor heated swimming pool and hot tub. They offer in-office and outpatient rehabilitation services that have one-on-one focused attention. The clinic provides affordable and specialized therapy for patients seeking one-on-one pain treatment and customized rehabilitation programs.
Services include general orthopedics, a medical specialty focused on the correction of functional impairments of the musculoskeletal system which includes back and neck pain, repetitive strain injuries, and chronic pain management. Conditions treated include musculoskeletal systems, neuromuscular systems, genetic disorders and syndromes, and metabolic conditions, just to name a few. The Clinic also provides occupational services for both prevention and treatment of injuries. They also provide biofeedback and core strengthening programs. The benefits of aquatic therapy include improved blood circulation, lowered blood pressure, increased metabolism, and low-impact exercises.
The business currently advertises via Yellow Pages, Newspaper Advertising, and the Internet. Opportunities for growth include adding additional services and increasing marketing efforts to include more social media presence. They accept most private insurance. They accept cash payment, Medicare, and Workman's Compensation Insurance.
The Seller is willing to finance 25% of the acquisition for 48 months at 6% interest. The amount financed would be dependent upon the offered price and the quality of the Buyer.
Four weeks of training at 30 hours per week would be provided. Additional training may be available depending upon mutually agreed-upon terms between the Buyer and the Seller. The reason for selling is the Seller is looking to retire.
Year Established: 1992
Home-Based: No
Franchise: No
Relocatable: No
Required Licenses:
Is Property Leased: Yes
Real Estate Included: No
Real Estate Available: N/A
Real Estate Value: N/A
Part-time Employees: 1
Full-time Employees: 3
Building Size: 5400 sq ft
Monthly Rent: $8,850
Facility Description:
This business operates out of 5,400 square feet. The current rent is $8,500 per month and has monthly CAM charges of $350. The lease term is five years. With an indoor pool and a hot tub, this business prides itself on being able to offer the very best options in aquatic therapy. All their therapies are provided in an ambient atmosphere and include low-impact exercises.
Financial Information:
Cash Flow: $150,000
Gross Revenue: $675,000
Down Payment: $319,000
Financing: Yes
FFE (Included): $100,000
Inventory: $1,000
To get more information about this Physical Therapy Business - Over 30 Years business for sale in Northern please phone Adriana Sargent (Intermediary - BRE License #:02100708) at 408-981-7799 call/te and 408-981-7799 call/te - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #280606 on BizBen.com. In addition to phoning Adriana Sargent, make sure you email Adriana Sargent above to get more info about this Physical Therapy Business - Over 30 Years, to ask any questions or request an appointment to see this business for sale. Thank you. License # 02100708. Sunbelt Business Brokers.
Contact
Details
Asking Price: $425,000.00
Down: $319,000.00
Cash Flow: $150,000.00
Revenue: $675,000.00
Area: Northern
City: None Given
Attributes:
My Notes About This Listing
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