Gorgeous New Physical Therapy Clinic - Part of Winning Franchise

Hackettstown, NJ
Asking Price:$150,000
Established Year:2022
Rent:$4,373/Month
BUSINESS DESCRIPTION

Great Investment Opportunity for non-clinician owner

Update as of 11/20/2024: Price reduction for immediate sale! Seize this chance to purchase a franchise clinic for significantly less than the cost of starting a new one!

Part of a large, fast growing physical therapy franchise (over 500 operational in the U.S.). Specializes in treating patients with balance issues. Clinic opened in September, 2022. Completely remodeled space with state of the art equipment. Well established in the local community, with strong ties to referring medical providers. Participates in Medicare + most major private insurance.

Opportunity to pick up an almost new franchise at a lower overall cost than a new one. Owner was recruited for a corporate job and is eager to sell. Clinic is staffed and operational, but will require the recruitment of a full time physical therapist to reach profitability. Business operates as a Friendly Professional Corporation with a collaborating Professional Corporation.


DETAILED INFORMATION
Location
Hackettstown, NJ
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,800
Employees
3
Facilities
Leased space with 3 years remaining + renewal option. Facility was completely remodeled before opening. All necessary equipment is installed, including a special balance safety device that other physical therapy clinics typically do not have.
Competition
Market conditions are favorable as this clinic caters to the geriatric population.
Growth & Expansion
There is always a need for physical therapy. However, this franchise specifically targets balance and dizziness issues which predominantly affect the seniors. Demographic trends will cause this market to grow in the coming years.
Financing
Owner will consider partial financing for a licensed physical therapist buyer.
Support & Training
Franchise will provide training on business operations. Current staff can also provide new owner with OJT.
Reason for Selling
Owner was recruited for a corporate job and can no longer devote the time necess
Franchise
This business is an established franchise
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Gordon Hourihan
Gordon Hourihan