Skip to content

Therapy Practice – PT, Occupational, Speech, and Psychotherapy – Has Accepted Offer

Price: $7,500,000

Annual Revenue: $4,843,772

Net Cash Flow: $1,889,071

Industry: Health Care, Medical

Location: Westchester County, NY

Point of Service – Multi-Discipline – Therapy Service

This company provides services under the New York State IPSIDD provision. (Independent Provider Services for People with Developmental Disabilities). The company currently serves a population base of approximately 600 patients. The total estimated population base covered by New York State under the IPSIDD program is estimated at around 130,000 people. The estimated market is $75,000,000 annually for services provided. 

This program is funded by Medicaid (55% primary), Medicare (40% primary) and private insurance (5% primary). 

The office provides comprehensive clinical services (physical therapy, occupational therapy, speech therapy, and psychotherapy) to individuals with intellectual and developmental disabilities (IDD).

Therapy is provided in a group home and individual home environments by independent therapists. 

Growth/Expansion Opportunity: Practice is primarily focused in greater NYC area and Long Island. Demand is present across the entire state. Expanding geography served will quickly grow the company revenue.

Main Office: Main office is currently managed by the owner and 6 administrative staff.

Reason for Sale: Retirement

Transition: Owner will provide a smooth transition. First 30 days included in the sale. Additional is negotiable. Willing to stay for an extended period to assist in running the business.

Requirements: Majority owner of the practice 75.01% Equity owner has to be licensed by NYS as a therapist. 24.99% may be owned by a non-licensed individual. Management Agreement is a viable option in order to qualify for License.

Scroll To Top