Physical Therapy for Sale — Maryland

More physical therapy practices for sale in Maryland

• Outpatient Physical Therapy

  Maryland

  American HealthCare Capital is pleased to introduce a multi-location outpatient physical therapy company for sale in Maryland, based in an affluent area near Washington, D.C. The company has been in business for over 15 years and has an outstanding reputation for personalized patient care. Their services include general physical therapy as well as specialized services for Sports Physical Therapy, Orthopedic Physical Therapy and Geriatric Physical Therapy. The majority of the company’s revenues are derived from commercial insurance, with about 25% from Medicare. The company’s gross annual revenues were approximately $1.7 million in both 2019 and 2018, and they were profitable. During 2019, the company had in excess of 16,900 patient visits with an average reimbursement per visit of $100. The owner feels that opportunities exist in expanding their services to include breast cancer rehab and golf rehab programs, both of which could increase revenues significantly. The seller is a therapist owner who is available to continue to provide patient care. The current staff is available to continue working with a new owner. The asking price for this opportunity is $1.5 million.

  Asking price

  $1,500,000

  Annual revenue

  $1,700,000

  Listed by American HealthCare Capital (PRIME exits)

• Outpatient Physical Therapy

  Maryland

  American HealthCare Capital is pleased to offer an Outpatient Physical Therapy practice for sale in Maryland. The company provides a variety of comprehensive Physical Therapy services and conditions including orthopedic and neurological disorders and specialize in patients with Parkinson Disease, Multiple Sclerosis, vertigo/vestibular issues, and concussions. They serve clients in the greater Baltimore area. The company’s current payer mix is approximately 65% Medicare, 30% Private Insurance, and 5% WC. Over the past three years, the company has remained consistent in annual revenue, except for 2020 where they saw a decline due to Covid. In 2019, they generated $677,678 in gross collected revenue. In 2020, the company generated $432,215. In 2021, they collected $543,847 in gross annual revenue with an adjusted EBITDA of $107,667, and they anticipate getting back to the $600,000 – $700,000 range in 2022 with an adjusted EBITDA margin around 20%. The asking price for this opportunity is $400,000.

  Asking price

  $400,000

  Annual revenue

  $550,000

  Listed by American HealthCare Capital (PRIME exits)

• Physical Therapy

  Maryland

  This is a privately owned and independent physical therapy practice that launched in 1990 and has continued under the original owner. It is a mature and stable practice with room for expansion. The current practice specializes in orthopedics, spine myofascial and chronic pain, TMJ, lymphedema, and dizziness/vertigo. The practice is conveniently located just off a major highway, offering ample convenient parking for patients, including those with mobility impairments. It is fully handicapped accessible. The practice has steady and consistent referrals, along with off-site contracts with state correctional facilities in Hagerstown and Cumberland. It participates with most major insurance companies in Maryland, Pennsylvania, and West Virginia, with the majority of patients being Medicare beneficiaries. The company is organized as an S-Corp and occupies 3,000 square feet of a 10,000 square foot office building, which is also owned by the practice owner under an LLC. The office building is 90% occupied. The owner anticipates retiring at the end of 2026 but is willing to remain for a limited time as a mentor or consultant. This is a turnkey operation with experienced administrative and clinical staff.

  Asking price

  $1,650,000

  Annual revenue

  $662,850

  Listed by Synergy Business Brokers