Pictures are stock images and are not indicative of the actual business.

Asking Price
$699,000

Annual Cash Flow $262,560

Annual Revenue $925,316


EBITDTA:

FF&E: 25,000

Lease Rate: $1

Ref ID: N863-LC

Established: 2004

Business Description

This is a well established in home therapy group that is an Alabama Certified Rehabilitation Center and Clinic, providing Physical, Speech and Occupational Therapy. The business specializes in providing in – home treatment and the clinic targets pain management and pelvic health.

Operating in two Alabama Gulf Coast counties with 8 licensed Therapists, the services can be provided in assisted living and independent living facilities, as well as the home, plus the popular outpatient treatment center with state of the art equipment.

The business works with physicians in organizing a “Plan of Care” and the follow up necessary for recovery and better health that includes “Aging in Place”. Therapy can restore overall physical health, and improve mobility lost to injury, disease, or aging to allow the patients to restore independence. Pain management is a national crisis with the opioid addiction and the clinic has a Certified Manual Therapy therapist offering best practice alternatives for managing pain. Almost all patients are covered by insurance with over half being billed to Medicare. In 2018 the business provided 36,205 Therapy units, with a unit being 15 minutes.

Company uses a state of the art EHR, Electronic Health Record system called WebPT software for scheduling, billing and record keeping, plus a solid reputation and referral basis.

The business offers an excellent opportunity for any licensed Therapist to take over a thriving practice with trained PT, ST, OT and is primed for growth into areas such as treating children as well as adults or can offer a model for expansion by a larger group. The Rehabilitation Center/Clinic authorizes expansion into Nursing, Psychiatric Services, and Social Services.

Contact Sunbelt for more information. A Non disclosure Agreement and Personal Financial Statement will be required.

Detailed Information

State:AL

Listing Agent:Lanier Chew

Real Estate:

Building SF: 1,250

Employees: 8 FTE, 2 PTE

Furniture, Fixtures, & Equipment (FF&E): Included in asking price

City:Gulf Coast

Phone:251-802-0516

Facilities: Leased Space

Support & Training: Seller will negotiate a transition period

Reason for Selling: Retirement