Business for Sale

Pain Management & PT Practice/Aquatic Therapy

BizEx1198-TP

Background

General Location:South Georgia, GA
Category: Health, Medical & Dental
Years in Business:16
Under Present Owner:16
Hours of Operation:8am-5pm M-F
Owner Hours:8:am-5pm M-F
Training:2 weeks @ 20 hours
Organization Type:LLC
Lease Expiration:Seller Owned
Lease Options:Seller Owned
Building Size:3500 + 1500
Employees:10
Reason for Sale:Focus on other interests

Financials

Asking Price:$1,500,000
Down Payment:$1,500,000
Gross Sales:$569,171
Discretionary Cash Flow:$371,167
FF&E:$200,000
Inventory Included?No
Inventory:$75,000
Min. Operating Capital:$45,000
Real Estate Available?Yes
Rent:$6,000
Financing:SBA

2017 2016 2015
Gross Sales $ 569,171 $ 510,950 $ 504,477
Gross Profit $ 147,696 $ 105,764 $ 111,034
Disc. Earnings $ 371,167 $ 217,879 $ 241,752

Description

Excellent opportunity to purchase a Pain Management and PT Practice/Aquatic Therapy business operating in two separate locations. The Seller is interested to stay on board with a New Owner in transition and more. Profitable since inception in 2002, the business is up to date and compliant in terms of licenses and inspections. Owners are well known in research, publications and name recognition in the field.

The two clinics are located in South Georgia about 1 1/2 hours apart. Rent for building "1" is $5000 and $1000 for building "2".   Building "1" has 3500 sf and building "2" has 1500 sf.  Each building is also for sale.  List price for building "1" is $750,000 and $250,000 for building "2".

Treatments include: Underwater Treadmill treatment in building "1" pool. The underwater treadmill is unique and not available in any other facilities within 3 hours of driving distance.

Myofascial Release, Craniosacral, Steam Detoxification, Migraine Treatment, Bladder Control, Anxiety & Depression Management, Gastrointestinal Rehab.

Approved Providers: Medicare, Medical, Tricare, Tricare Prime, BCBS, Humana & Aetna

Worker's Comp Program - Renewable Contracts to provide service with the following companies: One-Call, Therapy Direct, Med Risk  Please note that the clinics are fulling capable of performing FCE [Functional capacity evaluation with ratings.]

For more information, please visit BizEx.net to complete the online Buyer Registration & N.D.A. Contact: Tom Plotkin at 310.882.2200 x 127 - tplotkin@bizex.net - Lic#: 01895229

 

 

 

 


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Disclaimer: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.

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Tom Plotkin
Business Broker / M&A Advisor
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 127
Direct: (818) 585-4215
Lic#: 01895229