Company Overview

PRIME exits and American Healthcare Capital are pleased to introduce an Outpatient Physical Therapy practice for sale in Central Eastern Georgia. The practice was founded in 2011 and purchased by the current owner in 2020. The company provides physical therapy, occupational therapy, and aquatic therapy services. They primarily treat adults with musculoskeletal and pelvic floor conditions.

Finanical Overview

The company maintains a diverse payer mix including Medicare, various private insurances, Tricare, and worker’s comp. Gross revenues in 2023 were $481,308, and they are on track for similar results in 2024. TTM from August 2023 through July 2024 adjusted EBITDA is $112,002.  There is ample opportunity for growth within their current space and their current geography.

Staffing Overview

There is a full complement of staff that is expected to stay on post-sale, which includes 3 Physical Therapists, 1 Occupational Therapist, 1 licensed Physical Therapy Assistant, and 2 administrative staff. The absentee owner is looking to exit after assisting with a short transition to focus on other business ventures. 

Asking Price

The asking price for this opportunity is $450,000.