Occupational, Speech, Physical Therapy Clinic
This owner-operated (husband/wife) clinic is a fully-equipped, inviting Pediatric Therapy Clinic established in 1999. Business is well-established and reputable, continuing to thrive in hard economic times. Referrals within a 25 mile radius from satisfied customers, pediatricians, rehab MD’s, and other professionals. Present contract staff: 4 P/T Occupational Therapists (including 3/4 time owner), 2 P/T contracted Speech Therapists, 1 P/T Physical Therapy, a P/T bookeeper / office administrator. 1160 sq. ft. handicap-accessible clinic has actually 3-4 existing treatment areas, a waiting room area, and handicapped accessible restroom.
Clinic is conveniently located off major freeway and public bus routes in highly desirable SF Bay area-one of the highest income regions in the US– lending to lots of private pay referrals. Cash revenues approx. 50% private pay (mostly via HSA’s or PPO insurance re-imbursement to family), 25% state/local or school funding, and 25% HMO insurance pay to clinic. Good working relationships established along with Kaiser, Blue Shield, local regional centers, and school districts. Parent Resource Agency, Payroll Co., and Bank located in same neighborhood. Reasonable rent w/ option of fixed lease and designated parking along with handicap accessibility make this an ideal location! FF&E & inventory, valued over $15K, included w/ sale.
This is a lucrative and rewarding opportunity to build up your own private clinic, work a flexible schedule, expand upon existing business, add brand-new school or insurance contracts, add adult rehab. or add a ”satellite” clinic! **Owner scaling back to retire and will work up to 6 months or as needed to ensure a smooth transition.
Gross Sales:(’09)$190,211(’10)$210,470 (’11)$241,752 (’12) $259,687 (’13) $291,168
Gross Income / Profits EBITDA (’12) $148,115 (’13) $126,406
Offered at only 150K, so buyer will profit after the initial year.