Physical Therapy and Internal Medical Practice for sale – Part time owner
Price: $1,600,000
Annual Revenue: $1,600,000
Net Cash Flow: $768,421
Industry: Health Care
Location: Queens/Long Island, New York
An opportunity to acquire a busy, diversified medical practice, offering internal medicine and physical therapy, highlighting physical medicine and rehab in conjunction with traditional internal medicine. The asking price includes 2 locations, both fully staffed with 10-12 employees combined. Option to purchase real estate at one of the locations for an additional cost (the current fair market property value). Or can be easily rented.
The business is able to be run absentee with the current staff of nurse practitioners and physical therapists. All the business is currently from word-of-mouth, referrals, and workers’ comp. The current owner is ready to retire and has recently started working part-time. The owner states that the practice can easily be expanded and grown aggressively under new ownership.