Established Physiotherapy Business

Ottawa, ON
Project Physio
Cash Flow:$421,000
Established Year:1998
Gross Revenue:$1,100,000
BUSINESS DESCRIPTION

A great opportunity is available to acquire a physiotherapy clinic in Ottawa, Ontario. Well established with existing customers and staff, this business has been around for many years, and survived the Covid business interruptions and lock downs to achieve an aggressive comeback, with great cashflow and streamlined management that allows the owner a free lifestyle. The business has been around for over 25 years, with the same current owner in the same location. They have doubled their space in the last 2 years, thus giving them the capacity for future growth. The business is well positioned in its space and has full-time and part-time employees.

The owner is seeking to exit the business after he set it up for future success, to focus on family, health and other business ventures.

He is willing to stay on with a buyer for training and transition, to make sure a buyer is well positioned to continue the business success. He is also willing to negotiate a part-time work arrangement with a buyer, on terms and conditions acceptable to both parties.

IMPORTANT NOTE: For this specific business, a buyer must be an Ontario Registered Physiotherapist, or have an Ontario Registered PT as part of the ownership structure, to replace the owner when he exits the business.


ATTACHED DOCUMENTS
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DETAILED INFORMATION
Location
Ottawa, ON
Inventory
Included in asking price
Employees
9
Facilities
Space was recently expanded to double its original size, allowing for significant revenue growth and client capacity increases.
Growth & Expansion
Space was recently expanded to double its original size, allowing for significant revenue growth and client capacity increases.
Support & Training
Training & Transition period is included, to be negotiated & agreed upon. Possibility of Vendor agreeing to part-time post-transition employment agreement if negotiated by both parties
Reason for Selling
Personal/other business interests, leisure time
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Khaled Bitar
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Khaled Bitar