Outpatient Physical Therapy Practice with Multiple Locations Serving the Greater Los Angeles Area in California
For Sale in CA
Financial & Assets Details
About the Business
Business Description
All Buyers - Individual(s) or Corporation(s)
Must Provide Resume(s), Proof of Net-Worth, and/or Revenues, Proof of Funds to make the Purchase, and Purchase Plan.
All Buyers are Introduced to the Seller based on the Buyer submission of Information. Approval Granted by the Seller, to the Buyer to Review the Offering Book in Detail.
It is expressed that American Healthcare Capital Does NOT Advise Sellers or Buyers to engage another party with no experience in the Healthcare Industry and/or other industry; and rejects potential sellers or buyers based on lack of industry knowledge a factor in qualification of any seller and/or buyer engagement.
QUALIFIES FOR SBA FINANCING INQUIRE
Growth & Expansion
The company’s payer mix is 75% IPA/HMO/PPO, 20% Worker’s Compensation, and 5% private insurance. Gross collections have steadily increased over the last few years, reaching $561,000 in 2016, and the owner expects continued growth in 2017. The owner feels there is tremendous room for growth with increased staff, as they are unable to meet the demands for their service at their current capacity. With additional help, the seller feels they could immediately increase their census by 20%.
Market Competition:
I am pleased to introduce an outpatient physical therapy practice for sale in California with multiple locations. This well-established company has been in business for nearly 40 years. They service the greater Los Angeles area in California.
Location Details:
Los Angeles Area, California
Support & Training
The staff is available to continue working with a new owner, but the seller would like to retire. The asking price for this opportunity is $275,000. The seller is highly motivated for a quick transaction.