Annual Revenue: $646,228
Net Cash Flow: $212,761
Industry: Health Care, Medical
Location: Orange County, New York
This busy, well-known, established outpatient physical therapy practice was founded in 2001. The cheerful single-story office sits in a beautiful upscale setting, conveniently located next to multiple school systems and has plenty of dedicated free parking. Service area covers Orange County, New York and Vernon Township, New Jersey.
This practice has exhibited steady overall growth and over the last three years, the company has remained consistent in annual revenue generated. In 2016, the company grossed $652,080 in revenue with an adjusted EBITDA of $167,232. The total payer mix in 2016 was approximately 45% Private Insurance and 40% Medicare. In 2017, the company grossed $646,228 in revenue with an adjusted EBITDA of approximately $212,761
This practice provide a variety of full time Sports and Orthopedic Physical Therapy services including:
• TMJ Care
• Custom Orthotics
• Torticollis Care
• Vestibular Care
• Visceral Manipulation
• Training and Performance
• Running Analysis Programs
• They also feature an Alter G Antigravity treadmill and state-of-the-art Biodex equipment not found anywhere in their region.
The friendly, knowledgeable and loyal staff consists of eight employees, all of whom are expected to stay on. A Director of Physical Therapy is already in place and is stable, with over four years of employment. The Seller serves as the sole Owner.
The current owner is selling to relocate, but will assist during a brief transitional period as needed.