Speech, Physical and Occupational Group Therapy Practice For Sale

High Growth Potential for Owner/Administrator  

Middlesex County, Massachusetts

Rehabilitation Photo
 

Listing Number: 1552

Financial Information

Asking Price:       $199,000

Gross Revenue:   $685,000

Cash Flow:          $96,500

A qualified buyer should be able to get an SBA 7A loan with 10% down.

Business Description

This is a terrific opportunity to own and grow a highly respected group practice of speech-language pathologists, physical therapists and occupational therapists. Established over 40 years ago, this practice offers comprehensive services addressing a spectrum of patient needs, primarily off-site.

The clinicians provide services within schools, workshops, day habilitation programs, assisted living centers, and nursing homes. The therapists work with children in Head Start and Early Intervention (EI) programs.  Additional services, such as American Sign Language classes, accent reduction, as well as private patient cases are offered on-site. The office is easily accessible just west of Boston by several major communicating routes and has dedicated parking.  Hearing screenings are periodically offered off-site. 

The absentee owner is retiring, creating a great opportunity for an owner/administrator to increase revenues and improve operating efficiencies.

A buyer who has experience and values the clinicians and staff, who enable positive changes in the lives of children, adults, elderly and families will be most successful.
 
Growth and Expansion Opportunities
 

An experienced business person should be able to identify operating inefficiencies to quickly improve profitability.  Developing relationships with the growing number of homecare providers, hospitals and/or schools could further increase revenue; the practice’s long-standing reputation in the healthcare community should allow for this.

 
General Information
 

Support & Training: Seller will provide training and support.

Reason Selling: Retirement

Employees: 1 FT and 10 PT, Plus 16 PT Contractors 

Contact Information

Molly Hanson
info@mabusinessbrokers.com