How Do I Sell My Physical Therapy Business?
Owning a Physical Therapy Business can be very rewarding. You get to see your patients progress over time and your employees grow in their skills. However, at some point, you may be thinking of retiring and wondering how to sell your physical therapy practice. You may have a practice that is a combination of Physical Therapy and Occupational Therapy and possibly Psychotherapy and you may be wondering who has experience in selling these types of businesses.
Business Brokers with Experience selling PT & Other Therapy Practices
Synergy Business Brokers has experience selling Physical Therapy businesses and can help you through the process. During our free confidential consultation, we'll get to know more about your business such as what your areas of expertise are and what your goals are. Some of our clients like to stay on for an extended period of time after the sale of their Physical Therapy practice and some want to just give a brief transition and then retire. Whatever your preference we can help you achieve your goal of selling your physical therapy practice in a timely fashion at a good price.
After an initial phone consultation, we'll review your financial information to provide you with a potential asking price. We'll discuss this with you and see if it matches your goals. Then we'll draft a document that provides an overview of your business that we'll use for advertising and marketing. But don't worry, we won't advertise the name of your business or exact location. We'll have potential buyers sign a Non-Disclosure Agreement before we provide these details. We'll also verify that they have the funds available.
This assures that we make the best use of your time and only introduce buyers that are interested and qualified so that you can stay focused on running your business. We'll have you meet with the best potential buyers to answer their questions and see if there is a good fit. If there is, the next step would be for the buyer to make an offer. Our goal is to get multiple offers so that we have the leverage to negotiate the best deal for you.
On average it takes 1-10 weeks to introduce the first buyer and about 6-9 months from start to finish to sell the business. We will be with you every step of the way to keep things moving and recommend attorneys and/or banks if necessary.
Marketing & Potential Buyers
We feel that we have the Best Business Brokers in the Industry located in NY, CT, NJ, and MA. We have a Potential Buyer Database of 24,000, and sell businesses throughout the US. To Support our Brokers we provide a comprehensive marketing plan that uses Internet Advertising, Social Media, Email Marketing, Direct Marketing, Search Engine Optimization, Artificial Intelligence, and more to drive qualified potential buyers to your Therapy business.
If you are ready to take the first step in speaking with us please fill out the form on this page or call us at (914) 738-9350. We work with Therapy Businesses with annual revenues of $600,000 to $30 Million.