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Friday, May 18, 2012
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Physical Therapy Practice for Sale in Queens, NY
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Queens - New York, Queens
| Seller Financing: |
Yes |
| Lender Pre-Qualified: |
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| Listing ID: |
69935 |
| Office ID: |
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| Status: |
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Listing Details
| Listed Price: |
$215,000 |
| Down Payment: |
$110,000 |
| Total Sales: |
$549,000 |
| SDE: |
$95,000 |
| EBIT: |
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| EBITDA: |
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| FFE: |
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Included? Yes |
| Real Estate: |
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Included? No |
| Inventory: |
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Included? No |
| A/R: |
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Included? No |
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| Reason for Sale: |
Retirement |
| Training: |
Some training will be provided |
| Financing Terms: |
Yes |
Operations
| Year Established: |
1982 |
| Last Acquired: |
1982 |
| Form of Ownership: |
LLP |
| Home Based: |
No |
| Relocatable: |
Yes |
| Type of Location: |
Commercial |
| Absentee Owner: |
No |
| Online: |
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| Employees: |
Full Time: 5 / Part Time: 12 |
| Managers: |
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| Hours: |
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| Owner Hours: |
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| Non-Owner Payroll: |
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| Franchise Info: |
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Location
| Lease Expire: |
12/31/2010 |
| Option: |
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| Lease Terms: |
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| Lease Security: |
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| Monthly Rent: |
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| Square Footage: |
3350 |
| Facilities: |
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Summary
| Business Description: |
This company was incorporated in 1982. This well established practice has an outstanding reputation for providing top quality service and enjoys a diverse orthopedic patient population from a wide range of referral sources. The practice is operated out of a first class office environment with 3,350 square feet of space providing ample room for existing business and plenty of room for growth. The practice is set up with a gym with a full complement of equipment, 9 private treatment rooms and executive offices for staff. The practice is a participating provider in many major insurance plans.
This practice represents an excellent opportunity for an existing Physical Therapist to add on a new location or for a new professional looking to acquire a solid, well run operation with an experienced support staff in place. The owner is willing to stay on for a reasonable transition period.
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| Historical Summary: |
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| Owner Qualifications: |
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| Competition: |
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| Potential Growth: |
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