State:
Colorado
Category:
PT, OT, ST, Rehab, & Chiropractors
Asking Price:
$295,000
Revenue:
$400,000
American HealthCare Capital is pleased to offer a Comprehensive Outpatient Physical Therapy Practice for sale in Central Colorado. The company provides a variety of comprehensive Physical Therapy services, specializing in Orthopedics, Dry Needling, PNF and Women’s Health. The company’s current payer mix is approximately 35% Private Insurance, 26% Medicare, 15% Medicaid, and 5% self-pay. In 2020, gross revenues were $428,266 with an adjusted EBITDA of $40,404. In 2021, they saw a slight decline due to the seller intentionally scaling back hours, collecting $386,637 with an adjusted EBITDA of $42,686. They are currently poised to surpass $425,000 in gross revenue in 2022. There is a significant opportunity for growth through the hiring of additional PT’s and increasing caseloads. There is a significant opportunity for growth through the hiring of additional PT’s and increasing caseloads. The asking price for this opportunity is $295,000.
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