General Business Information
Listing ID:
4110-00439
Listing Type:
Exclusive Right of Sale
Price:
$2,200,000
Down Payment:
$355,200
Category:
Medical Related Biz
County:
Pinellas
State/Prov:
Florida
Sales:
$2,082,738
SDE:
$564,867
Description of Business
Great opportunity to own a well-established and highly regarded physical therapy, occupational therapy, and speech therapy practice. With a dedicated and loyal patient base of approximately 150 clients and around 550 therapy visits weekly, this practice has built a strong reputation over its 13 years in business.
Imagine stepping into a business where patients stay with you for years, providing consistent and reliable revenue. This practice has managed to thrive without any marketing efforts or a website, leaving immense potential for growth and expansion.
Whether you are an individual investor or an industry buyer, this opportunity offers significant appeal. The practice is recession-proof, ensuring stability regardless of economic conditions, and boasts excellent financials. The current owners only work a combined 15 hours a week, making it ideal for someone seeking a successful, low-involvement business.
The practice features a capable and experienced team ready to assume the owners' roles, ensuring a smooth transition. With low competition in a niche market, operating in only two of Florida's 67 counties, the growth opportunities are vast. Additionally, payments are guaranteed through Medicare and Medicaid via the Medicaid Waiver Program, providing a secure and steady income stream.
Don't miss out on this rare opportunity to acquire a thriving therapy practice with a solid foundation, loyal clientele, and substantial growth potential. Whether you are looking to expand your current operations or embark on a new venture, this practice is primed for success. Contact us today to learn more and take the first step toward owning this remarkable business.
Listing Details
Location:
Tampa Bay Area
Organization Type:
'LLC'
Hours of Operation:
Monday-Friday 9am - 5pm
Years Established:
13
Years Owned:
13
Employees FT:
0
Employees PT:
30
Managers:
1
Amount of Hours Owner Works:
15
Is Relocatable:
No
Is Home Based:
No
Is a Franchise:
No
Is Lender Pre Qualified:
Yes
May Qualify for a Visa:
Yes
Financial Information
INCOME PERIOD, Year
GROSS SALES
– Costs of Goods Sold
= Gross Profit
– Total Expenses
= Net Before Taxes
ADD BACKS
+ Owner(s) Salary
+ Benefits
+ Interest Expense
+ Depreciation
+ Other $0
TOTAL OWNER BENEFIT
2023
$2,082,738
$1,132,974
$949,764
$850,752
$99,012
$156,008
$3,357
$17,935
$18,000
$270,555
$564,867
2022
$1,927,914
$910,561
$1,017,353
$870,209
$147,144
$135,208
$2,449
$13,403
$19,200
$271,383
$588,787
2021
$1,348,833
$624,256
$724,577
$578,734
$145,843
$123,841
$8,144
$1,508
$0
$164,018
$443,354
Assets Included in Sale
Other:
$0
FF+E:
$12,500 Included
Lease Information
Monthly Rent:
$3,802
Expiration Date:
2025-07-31
Square Footage:
3200
Terms and Options:
Discuss with Seller
Building Type:
Office & Other
Summary
Reason for Sale:
Semi-Retirement
Training and Support:
4 weeks at no cost
Non Compete:
Miles: 20 Years: 3
Owner Qualifications:
PTAN & The Medicaid waiver/APD provider certification
Financing Summary:
SBA Lender Prequailfied! Buyer Down Payment of $355,200, for a term of 120 months. $100,000 of Working Capital payable to borrower at loan closing. *Small Business Administration financing is subject to the qualification of individula Buyers.
For more information on this listing, please complete our Non-Disclosure Agreement
LISTING BROKER
General Business Information
Listing ID: 4110-00439
Listing Type: Exclusive Right of Sale
Price: $2,200,000
Down Payment: $355,200
Category: Medical Related Biz
County: Pinellas
State/Prov: Florida
Sales: $2,082,738
SDE: $564,867
Description of Business
Great opportunity to own a well-established and highly regarded physical therapy, occupational therapy, and speech therapy practice. With a dedicated and loyal patient base of approximately 150 clients and around 550 therapy visits weekly, this practice has built a strong reputation over its 13 years in business.
Imagine stepping into a business where patients stay with you for years, providing consistent and reliable revenue. This practice has managed to thrive without any marketing efforts or a website, leaving immense potential for growth and expansion.
Whether you are an individual investor or an industry buyer, this opportunity offers significant appeal. The practice is recession-proof, ensuring stability regardless of economic conditions, and boasts excellent financials. The current owners only work a combined 15 hours a week, making it ideal for someone seeking a successful, low-involvement business.
The practice features a capable and experienced team ready to assume the owners' roles, ensuring a smooth transition. With low competition in a niche market, operating in only two of Florida's 67 counties, the growth opportunities are vast. Additionally, payments are guaranteed through Medicare and Medicaid via the Medicaid Waiver Program, providing a secure and steady income stream.
Don't miss out on this rare opportunity to acquire a thriving therapy practice with a solid foundation, loyal clientele, and substantial growth potential. Whether you are looking to expand your current operations or embark on a new venture, this practice is primed for success. Contact us today to learn more and take the first step toward owning this remarkable business.
Listing Details
Location: Tampa Bay Area
Organization Type: 'LLC'
Hours of Operation: Monday-Friday 9am - 5pm
Years Established: 13
Years Owned: 13
Employees FT: 0
Employees PT: 30
Managers: 1
Amount of Hours Owner Works: 15
Is Relocatable: No
Is Home Based: No
Is a Franchise: No
Is Lender Pre Qualified: Yes
May Qualify for a Visa: Yes
Financial Information
INCOME PERIOD, Year: 2023
GROSS SALES: $2,082,738
– Costs of Goods Sold: $1,132,974
= Gross Profit: $949,764
– Total Expenses: $850,752
= Net Before Taxes: $99,012
ADD BACKS
+ Owner(s) Salary: $156,008
+ Benefits: $3,357
+ Interest Expense: $17,935
+ Depreciation: $18,000
+ Other $0: $270,555
TOTAL OWNER BENEFIT: $564,867
INCOME PERIOD, Year: 2022
GROSS SALES: $1,927,914
– Costs of Goods Sold: $910,561
= Gross Profit: $1,017,353
– Total Expenses: $870,209
= Net Before Taxes: $147,144
ADD BACKS
+ Owner(s) Salary: $135,208
+ Benefits: $2,449
+ Interest Expense: $13,403
+ Depreciation: $19,200
+ Other $0: $271,383
TOTAL OWNER BENEFIT: $588,787
INCOME PERIOD, Year: 2021
GROSS SALES: $1,348,833
– Costs of Goods Sold: $624,256
= Gross Profit: $724,577
– Total Expenses: $578,734
= Net Before Taxes: $145,843
ADD BACKS
+ Owner(s) Salary: $123,841
+ Benefits: $8,144
+ Interest Expense: $1,508
+ Depreciation: $0
+ Other $0: $164,018
TOTAL OWNER BENEFIT: $443,354
Assets Included in Sale
FF+E: $12,500 Included
Other: $0
Lease Information
Monthly Rent: $3,802
Expiration Date: 2025-07-31
Square Footage: 3200
Terms and Options: Discuss with Seller
Building Type: Office & Other
Summary
Reason for Sale: Semi-Retirement
Training and Support: 4 weeks at no cost
Non Compete: Miles: 20 Years: 3
Owner Qualifications: PTAN & The Medicaid waiver/APD provider certification
Financing Summary: SBA Lender Prequailfied! Buyer Down Payment of $355,200, for a term of 120 months. $100,000 of Working Capital payable to borrower at loan closing. *Small Business Administration financing is subject to the qualification of individula Buyers.
LISTING BROKER