Business Overview

Over the past 21+ years, this physical therapy practice has offered a wide range of services to numerous clients within Washington County, Oregon, and the surrounding area. The Practice offers therapy services such as Orthopedic Manual Therapy, Pelvic Health Physical Therapy, Therapeutic Home Programs, and Wellness Services. On average, each of the physical therapists carries an active caseload of 60-70 patients at any given time. In 2021, the Practices’ gross revenues were $466,599. With four (4) staff who work to provide unique treatment plans tailored to the needs of each patient, the Practice is known for its tremendous results, satisfied & repeat clients, published research, and many word-of-mouth referrals. The Practice is completely ‘turn-key’ and ready for new ownership. To take advantage of this exciting business opportunity, call us at 253.509.9224 or, send an email to info@privatepracticetransitions.com, with “1191 Absentee Owner Selling Profitable Oregon PT Practice” in the subject line.

Financial

  • Asking Price: $500,000
  • Cash Flow: N/A
  • Gross Revenue: $489,929
  • EBITDA: $203,931
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2001

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:1,900
  • Lot Size:N/A
  • Total Number of Employees:4
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

The Owner is willing to provide transition assistance and help with goodwill transfer, business development, and other “mentoring” functions for an agreed-upon period of up to three months (part-time only).

Additional Info

The business was established in 2001, making the business 21 years old.

The company has 4 employees and is situated in a building with approx. square footage of 1,900 sq ft.
The real estate is leased by the business for $3,964 per Month

Why is the Current Owner Selling The Business?

There are all types of reasons why people choose to sell companies. Nevertheless, the real reason vs the one they say to you may be 2 entirely different things. As an example, they may state "I have a lot of various commitments" or "I am retiring". For numerous sellers, these reasons are valid. However, for some, these might simply be reasons to try to conceal the reality of altering demographics, increased competitors, recent reduction in profits, or a range of various other factors. This is why it is very important that you not count entirely on a seller's word, but rather, utilize the vendor's response combined with your general due diligence. This will paint a much more practical image of the business's present circumstance.

Existing Debts and Future Obligations

If the current company is in debt, which numerous businesses are, then you will certainly have reason to consider this when valuating/preparing your offer. Numerous companies borrow money with the purpose of covering points such as supplies, payroll, accounts payable, and so on. Keep in mind that sometimes this can suggest that earnings margins are too thin. Lots of businesses fall under a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may also be future commitments to think about. There may be an outstanding lease on equipment or the building where the business resides. The business might have existing contracts with vendors that have to be satisfied or may result in fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Just how do companies in the area attract new clients? Many times, companies have repeat consumers, which develop the core of their daily revenues. Particular variables such as new competitors sprouting up around the location, road construction, and also staff turn over can impact repeat customers and negatively affect future earnings. One vital point to think about is the placement of the business. Is it in an extremely trafficked shopping mall, or is it concealed from the main road? Clearly, the more people that see the business on a regular basis, the greater the chance to construct a returning consumer base. A final thought is the general location demographics. Is the business situated in a largely inhabited city, or is it situated on the edge of town? Exactly how might the neighborhood mean home earnings influence future income potential?