MergerPlace

Well Est. & Growing Physical Therapy

North Carolina


  • Asking Price: $249,500
  • Gross Income: $434,486
  • Cash Flow: $138,393
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $25,000
  • Listing ID: #214134
  • Established: 1989
  • Employees: 3 FT / 2 PT

Business Description

Physical Therapist owned and operated for over 25 years, this Triangle Physical Therapy Center is staffed by clinicians with 63 years of combined experience. Qualified physical therapists deal with joint motion, muscle strength and endurance, function of heart and lungs and performance of activities required in daily living. Treatment includes therapeutic exercises, cardiovascular endurance training and training in activities of daily living.

The clinicians have a wide range of expertise in treating impairments/dysfunctions of non-surgical or post-surgical orthopedic/sports medicine related injuries/conditions for patients of all ages and level of condition.

Last 12 Months Financials cover 4/1/18 to 3/31/19.


Business Details

Primary Business Category: Retail Trade - Health & Personal Care
Location: North Carolina

Company Information

Year Established: 1989
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 3 FT / 2 PT

Financial Information

Asking Price: $249,500
Gross Revenue: $434,486
Cash Flow: $138,393
FF&E: $25,000
Seller Financing Available: Yes

Property Information

Facilities:

The business is located in a professional office building in a very desirable and upscale Research Triangle town. The facility has 5 treatment rooms and a spacious gym well outfitted with physical therapy equipment.

Growth & expansion opportunities:

Being located in a very desirable, dynamic and upscale Triangle town that is experiencing robust population and housing growth. Physical therapy is $30 billion industry with 30% job growth expected over the next 10 years. This expansion is due to an increase in sedentary lifestyles, aging population, growth in employment and early specialization in sports.

Competition:

This physical therapy practice is the oldest and most established in its market area. This clinic is the "Go to" therapy facility on it's side of this great Triangle town. The chief competitors are physical therapy centers with hospital contracts. Other competitors attract their clients from the "other side of town".

Reason for selling:

The business owner is nearing retirement age and wishes to spend more time traveling with family and teaching/coaching younger therapists.

Support & Training:

Will train for 4 weeks @ no cost The clinic provides hands-on manual therapy techniques for the treatment of all musculoskeletal injuries, as well as pre- and post-operative rehabilitation. Physical therapists conduct one-on-one sessions with the assistance of rehabilitation technicians. Individualized and comprehensive programs are designed to relieve pain, improve strength and restore motion and mobility.

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Business Listed By:

Don Emmett

Murphy Business Brokers