Physical Therapy 2-loc profit growable
Location: New Jersey > Union County
Industry: Health and Medical > Other Health and Medical
Financials
Asking Price: $949,000
Gross Revenue: $467,632
Gross Revenue Comments: slow and steady growth
Cash Flow: $290,000
Cash Flow Comments: includes 72K paid to owner operators
Inventory: $10,000 (Included in Asking Price)
FF&E: $200,000 (Included in Asking Price)
Real Estate: $300,000 (Included in Asking Price)
Seller Financing: yes, 30% at 8% over 5 years
Business Summary
Two-location Physicap Therapy business in NJ with most of the business coming from insurance referrrals. Very safe income stream. Currently run by both partners, each working at both lcoations. Increase in staff would immediately increase income, which already shows stable growth. All machinery is in excellent condition.
About the Business
Year Established: 1998
Employees: 2 full time - 2 part time
Facilities: one location is an owned and included business condo just south of Newark. The other is a rented location.
Market Outlook and Competition: solid growth expected to continue.
About the Sale
Management Training and Support: Mgmt will train but both need to leave. Buyers will need to replace mgrs
Reason For Selling: One seller going for PhD, the other has a new baby
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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