Outpatient Physical Therapy for Sale — Massachusetts

Company Overview American HealthCare Capital is pleased to exclusively introduce an outpatient physical therapy company for sale in the Boston, Massachusetts suburbs. The company has been in business since 2007 and has an outstanding reputation for highly personalized patient care. They provide traditional physical therapy services, while specializing in orthopedics, pre- and post-surgical, and sport related injuries. Financial Overview Company revenues are derived primarily from private/commercial insurance and Medicare. Company Revenues were $1,146,300, $962,449, and $906,066 for 2023, 2022 and 2021 respectively. Adjusted EBITDA for FYE 2023 was $311,435. Revenues for the First Quarter of 2024 were $291,027, putting them on track to exceed $1.16 million by the end of the year. The Company averages 900 to 1,000 patient visits per month including at least 60 new patients per month. Growth Opportunities Significant growth opportunities exist considering the Company’s outstanding reputation and impressive list of physician referrals. Adding another PT or introducing the PTA model would increase the business significantly. Exit Plan The owners are both therapists and are available for a transition as well as the possibility of continuing to treat patients on a part time basis. Asking Price The asking price for this opportunity is $1.2 million.