Executive Summary: This profitable physical therapy is located in a great area of Austin and has been in business for 12 years. With multiple employees and different types of revenue streams, this business has had very steady revenues and earnings. Sales and earnings have been very similar for the last four years. This company has an excellent reputation and is not dependent on the seller for sales, as nearby hospitals and doctors are a steady referral source for the brand. Sales were $440,465 in 2014 with $206,761 in seller’s discretionary earnings.
Competition / Market Outlook: While there are other physical therapy clinics around the area, this business has a great location and a unique set of physical therapies, including massage therapy. The business has created a strong brand and established track record, giving it a loyal customer base.
Growth and Expansion: The physical space has more room for growth, which can house more physical therapists and did so a few years back. Capital expenditures for this type of business are on the low-side, since it is a service business.
Reason For Sale: Retirement
Training: The owner will provide training to a new owner.
Facilities: Office facility is in a good location in Austin.
Financing: The owner will consider some financing for a well-qualified buyer.
Hours of Operation: Monday -Friday varies, but generally 9-5.
Employees: 4 employees
Year Established: 2003
Sales Price: $274,900
Asking price is $274,900. Call Greg Knox at (512) 900-3770.