Company Overview

PRIME exits and American Healthcare Capital are pleased to present a well-established physical therapy practice for sale located in Chicago, Illinois. This business operates multiple clinics and offers a wide range of services, including manual therapy, therapeutic exercises, gait and balance training, and pain management. The practice provides personalized, evidence-based care, catering to patients recovering from surgeries and injuries as well as those managing chronic conditions.

Staffed by licensed physical therapists who stay current with the latest techniques, the practice has built strong relationships with local healthcare providers, ensuring a steady flow of referrals. The clinics focus on patient education, empowering individuals to maintain long-term health and mobility. This is an excellent opportunity for a buyer looking to acquire a reputable, well-established physical therapy practice in a thriving market.

Financial Overview

The company’s current payer mix is approximately 85% Private Pay. Over the past few years, the company has increased its annual revenue but has not been profitable. In 2022, the company collected $805,291. In 2023, they collected $887,123, and in 2024 they are projected to collect approximately $850,000 in gross annual revenue. By focusing on cost-cutting measures, such as optimizing operational efficiencies and renegotiating vendor contracts, the business has the potential to return to profitability without the need to go out-of-network. Strategic expense management could further enhance margins while maintaining the current payer mix.

Asking Price

The asking price for this opportunity is $350,000.