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Asking Price
$645,000

Annual Cash Flow $308,791

Annual Revenue $877,984


EBITDTA:

FF&E: $10,000

Lease Rate: $1,100

Inventory: $0

Established: 2004

Business Description

This is a well established Physical, Speech, Pelvic and Occupational Therapy in home service businesses and now has a new pelvic health clinic.

Operating in two Alabama Gulf Coast counties. 8 licensed Therapists, with demand for more, specializing in providing in home and clinic treatment that targets seniors and surgery recovery follow up. The services can be provided in assisted living and independent living facilities plus the popular outpatient treatment.

The business works with physicians in organizing a “Plan of Care” and the follow up necessary for recovery and better health. Therapy can restore overall physical health, decrease pain, and improve mobility lost to injury, disease, or aging to allow the patients to age in place. Almost all patients are covered by insurance with over half being billed to Medicare. In 2017 the business provided 39,714 Therapy units, a unit is 15 minutes.

Included is a specialized software program for scheduling, billing and record keeping plus a solid reputation and referral basis.
The business offers an excellent opportunity for a Physical Therapist to take over a thriving practice with trained PT, ST, OT and Pelvic specialists and offers a model for expansion by a larger group. Contact Sunbelt for more information. A Non disclosure Agreement and Personal Financial Statement will be required.

Detailed Information

State:AL

Listing Agent:Lanier Chew

Inventory: Included in asking price

Real Estate:

Building SF: 1250

Employees: 8

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

City:Mobile

Phone:251-802-0516

Support & Training: Seller will negotiate a transition period

Reason for Selling: Retirement