Successful Physical Therapy Clinic with all Major Contracts

Butte County, CA

Seller Financing Available

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Asking Price:$199,000
Gross Revenue:$319,303
Rent:$3,025
Established Year:1999
Cash Flow:$160,479
Inventory:$1,000
FF&E:$40,000
BUSINESS DESCRIPTION

This Physical Therapy Business has established a great reputation over the past 2 decades by treating patients with compassion and professionalism. They have met the needs of the community by building a facility that clients and patients feel comfortable in and welcomed.

There is a pool to provide aquatic therapy. This clinic is the only one within a 30 mile range that provides this service. The owners have worked hard and gone through the painstaking process of acquiring all the insurance contracts a PT clinic would ever need. This allows them to treat a wider range of clients in the community and provide much needed and necessary care.

Insurance Contracts Include: Medicare, Blue Cross, Blue Shield, Etna, Tri Care, Optum, United Health, Signa, First Health, Med Risk, SB Net, Workers Comp, etc...

This is an exceptional PT clinic with real opportunity for expansion for a buyer with a vision for continued success.

For more information please contact the listing agent, Greg Moses by emailing gmoses@tworld.com, or by calling 714-462-4684 All buyers are required to sign an NDA and fully complete a Buyer Profile before any confidential information will be shared.


DETAILED INFORMATION
Location
Butte County, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,160
Employees
1
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The business was opened by the Owner in August of 1999. His brother joined in 2001 when the case load got to busy for one person to handle. They Built a therapy specific building with a pool to accommodate the Aquatic Therapy and Orthopedic rehabilitation needs of their community in 2003. Over the years the business acquired all the major insurance contracts and developed reliable referral sources from the local MD's, patients, and medical providers. Establishing a well rounded business structure with no shortage of contracts, clients, and referrals.
Competition
Physical Therapy is an industry with continued increased demand year over year. There is a local hospital and outpatient clinic, but no shortage of patients to go around.
Growth & Expansion
Plenty of growth opportunities including additional PT's and PTA's, marketing and website development, social media presence, additional referral sources, Online visits, etc...
Financing
Owner Terms:$50,000.00 Interest:10% Term Months:36 Monthly Payment:$1,613.36
Support & Training
Number of Weeks Seller Will Offer Training: 2
Reason for Selling
Other Business Interests
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Greg
Moses
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Greg Moses