Physical Therapy Practice For Sale near Los Angeles California

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KBorglum

Medical Practice Appraiser and Broker
10+ Year Member
Joined
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You must be a physical therapist or physician to purchase & own this business, with very few exceptions!

Suburban Location Near Los Angeles in Riverside County, California.

The physical therapy practice for sale is in a facility of 1,326 square feet in size, with a large open gym area, and plenty of office space, all fully outfitted, in a modern and attractive medical office complex adjacent to numerous retail businesses. The lease expires in 2019, plus possible extentions. There was a major remodel and re-equiping in 2014.

There is one working-PT owner with multiple PTAs, with plenty of patients to expand and add another PT if desired. Most patients come from physician referral, but CA law now allows patient self-referral too.

Owner is now ready to retire, but may remain part time for an extended period to assist in the transfer of the practice to the buyer if desired.

2015 COLLECTIONS: >$600,000

NET (after expenses, pre-tax) 2015 INCOME: almost $250,000

ASKING PRICE: $230,000, with appraisal available

TERMS: All cash to seller. Up to 100% bank financing may be available to qualified borrowers.

Click here to visit website to get more info
Physical Therapy Practice For Sale Riverside County near Los Angeles California

Contact
Keith Borglum CHBC CBB , practice broker
at Professional Management and Marketing
Specialist in the valuation and sale of licensed healthcare practices.
Certified Healthcare Business Consultant (CHBC)
Certified Business Broker (CBB) specializing in Healthcare, Lic #00767129
Industry Expert in Healthcare Practice Valuation: Business Brokerage Press
at 707-546-4433

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