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8374 - Physical Therapy Powerhouse in Houston Area
Katy, Texas, United States
Asking Price-
Revenue$3.91m
EBITDA$2.22m
Cash Flow-
Description
Rare opportunity to own a highly profitable, leading provider of Physical Therapy services. Business offers a full range of therapeutic options not available in hospitals or other therapy centers. Customer base is derived from approximately 60% doctor referral, 30% word of mouth, and 10% website leads. The 12,000 sq. ft. facility includes spacious, state-of-the-art therapy center is designed for optimal patient care. The success of the business is attributed to its comprehensive therapy options, three experienced therapists, three physical therapy assistants, five support techs, two administrative staff in addition to owner, with contracted maintenance and marketing personnel. Owner currently works in the business 40+ hours per week on insurance verification, authorization, scheduling, billing, and collections. Payroll is processed through Paychex every two weeks. Business accepts commercial insurance, Medicare, Medicare supplemental, worker compensation, self-pay and VA claims with 1,000-1,500+ claims per month. Financial options are offered for those who have difficulty covering co-pays, deductibles, co-insurance and self-pay. Owner is willing to train to ensure a smooth transition.
Real EstateBuilding Size: 12000 sq. ft.
$4mIncluded in Asking Price
Furniture Fixtures & Equipment
$521k
Number of EmployeesFull-Time: 8Part-Time: 5Contractors: 3
Year Established
2015
Reason Selling
Retirement
Facilities & Assets
12,000Sf freestanding facility on 79,749SF of land
Support & Training
Seller will train
Growth Opportunities
Implement marketing strategy; hire additional staff
Related Categories
Asking Price-
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