Physical Therapy Practice for sale in Queens - 33635 Business Type: healthcare related services,other personal services,professional services,owner financing available,health/medical/dental practices
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $425,000 | Down Payment | $300,000 |
| Gross Revenues | $575,330 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $200,951 | Number of FT Employees | Register Free to View |
Financing
$300,000 Down and $125K financed over 3 years at 5% interest
Business Description
Long Established (30) years Physical Therapy practice
located in upper middle-class Queens neighborhood.
85% private pay, all insurances and Medicare. Only
15% no fault and Medicaid. Regular referrals from
doctors, orthopedics, and attorneys, plus walk ins, etc.
Open 6.5 days. Staffed by 2 physical therapists plus
owners 2 days per week semi absentee PT practice.
Also 2 PT aides and 2 employees at reception. 7
private treatment rooms with space for acupuncturist,
massage therapist or for other personal services for
rent or percentage of patient billings. Proprietary MW
Software for Physical Therapy practices, fully integrated
w/interface with Abilify for billing. Pre -Covid saw 35-40
patients a day- now seeing over 65 % of that volume.
Open gym area with state of the art Cybex and other
stations. Total square footage is 2,500 sq. ft. 100s of
Doctor referrals. Important contract with NYC Fire
Department.
Perfect opportunity for full time owner operator physical therapist to grow practice and add patient services. Contact broker Joseph Stansky for more information on this practice.
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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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