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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