Early Intervention Physical Occupational Services
MEDICAL For Sale in NY
Financial & Assets Details
About the Business
Excellent business opportunity to own this physical-occupational therapy center that offers a full range of therapeutic & educational services to children. This company services infants and toddlers through their Early Childhood Mental Health Program, which provides mental health screenings, referrals and treatment for children. The Early Intervention Program (EIP) is a public program for children under the age of three who have or are suspected of having a developmental delay or disability. The EIP program is funded by New York State and county governments. Their knowledgeable and highly motivated team of professionals is committed to providing the highest quality of care to the children they service. They work with children and their families to promote optimal childhood development in the areas of cognition, gross and fine motor skills, sensory processing skills, language acquisition, feeding skills, and self-help skills. They are an approved provider of EIP services and under contract with NYS/NYC Early Intervention Programs to provide these services. They are also approved by the Orange County Department of Health to provide Preschool services to the children of Orange County. The company is privately owned and operated by a practicing licensed physical therapist. This company has on an average thirty-four part time employees who are unaware of the pending sale and fully expected to remain post-closing, the monthly payroll cost is approximately $45,000. This successful children’s therapy center business is operational five days per week, closed weekends, with hours from 9:00 am to 5:00 pm. The business has been valued at $250,000 based on a multiple of the net yearly income which includes the value of the specific business assets and seller financing has been conditionally approved to a qualified buyer with an appropriate down payment, collateral and credit rating. Please do not disturb business, this sale is confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo does Not represent this particular business opportunity.
Growth & Expansion
The business presently has an inadequate marketing plan, basic web site which can be improved to further develop the business with new relationships representing an improved income.
May be available to a qualified buyer.
Although competitors presently exist in the industry, to the best of our knowledge, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.
This highly successful therapy center, which consists of 1,200 square feet has an attractive professional appearance. The business is in a mid-size commercial professional complex with other active and successful businesses. This opportunity is in Southern New York State, Orange County, which consists of various highly populated cities-communities with continued demand for this professional service.
Support & Training
The owner will remain post-closing and is fully prepared to supply an appropriate transitional period to the new owner / operator.
Reason for Selling:
The sale is due to the owner’s family responsibility.