This turnkey, well-known, specialized physical therapy practice is located in the heart of Northern Colorado. Founded in 2010, they have built a fantastic reputation with excellent Google reviews( 4.9/5) over the last thirteen years.
With over 400 active patients and growing referral sources, they have a nice blend of cash, federal, and commercial insurance payors. Their 2022 revenues were $662,000, with Seller Discretionary Earnings of $267,000 (and growing).
They have a spacious, highly desirable location with reasonable rent and plenty of parking off the highest-traveled road in town. They currently sublet ~1,300 square feet of space to a regenerative
medicine practice, which can continue or be used to expand the P.T. operation.
The business comes with ~$120,000 of F.F.E., with w/an option to buy additional on-site equipment, such as x-ray, ultrasound, clinic room equipment, etc. The current location has tremendous growth potential, with a satellite office opportunity in the next community. Their experienced and highly effective team is willing to stay and transition with the new owner. Financial buyers, investors, and other providers are welcome! Due to a unique statute in the state of Colorado, this can be purchased by a non-medically licensed buyer or a licensed provider outside of this specialty with the proper legal structure and team in place. The company is pre-approved with local S.B.A. lenders and ready for immediate acquisition and transition.
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