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Physical Therapy

Essex Co., New Jersey

Asking Price: Gross: Cash Flow:
$989,000 $651,660 $440,934

Furniture and Fixtures Value:
$25,000 (included in the asking price)

Business Summary:
Est. Physical therapy & rehabilitation practice loc in a medical office complex. Loc in Essex County. Doctor treats his patients by medical necessity and the extent of the injury. Average 29 visits per patient. Average 11 new patients per month. Semi retiree giving business a limited attention. Needs owner/operator/doctor to be hands on in order to dedicate more time to promote, and market business. Open 4 days. Hlred driver with auto to pick up/drop off patient at his expense. Two rooms – 1 exercise, other therapy. Seller financing available for right buyer. Inc. Acct/ rec, apparatus, and 5 masseur tables. Breakdown of sales: 90% lawyer referral, 10% word of mouth.

 
   
   
Year Business was Established: 2004
   
Number of Employees: 5  
   
Facilities / Terms of Lease: Approximately 1,800 sq. ft. Parking lot, good condition, lease negotiable.  
   
Competition: Several  
   
Owner willing to finance: Seller willing to give loan for right buyer.  
   
Reason for selling: Retiring  
 

 

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