Listed by Sitar Realty Company
$7,000,000
Physical Therapy Practice
Details
Property Type Business for Sale
Sub Type Business Only
Business for Sale
Marketing description
Well-established multi-location physical therapy practice with 4 operating locations (2 NY/2 NJ) offered as a single package sale.
2 New York Locations and 2 New Jersey Locations
Investment highlights
- Turnkey operation with licensed PTs and support staff in place
- Established referral network from local physicians and repeat patients
- Diversified multi-site platform with consistent patient flow
- Growth potential through expanded service lines (chiro, OT, wellness/cash-pay) and additional satellite locations
- Seller is landlord; post-closing lease terms/rent to be structured with the business sale
- Financials: 2023 Gross Revenue $2,150,021, 2024 Gross Revenue $1,580,431, 2025 Gross Revenue: TBD
- Payor Mix: 30% Medicare, 30% PPO/Commercial, 30% Medicaid, 5% Self-Pay, 5% PI (Personal Injury/Auto PIP)
- Patient Volume: 22,300+ total patient visits across all locations for 2023, new patients 932 (NY) and 652 (NJ) for 2023
- Signed NDA required for further details
Listing Contacts
Listed by Sitar Realty Company
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