
PRACTICE DETAILS
This physical therapy practice for sale is very busy, with need for an additional therapist at some point, unless the new owner wishes to work full time. A disabled PT could own this practice, hire additional PTs to replace the hours worked by the current owner, and still earn over $150,000 per year!
The office is ideally suited not only to a PT, but also to a chiropractor, orthopedist, or physiatrist wishing to have PT as an ancillary servic or source of patients. Non-PTs and non-doctors can legally own it, but you won't be able to get an SBA loan if you can't personally provide hands-on care to patients in the absence of a licensed therapist.
The prime location is in the heart of a very desirable area of San Jose California.
FINANCIAL DETAILS
2008 COLLECTIONS $355,000 PART TIME!
2008 INCOME ~$250,000 - including owner's compensation
for labor as a PT, plus benefits PART TIME!
ASKING PRICE $395,000
or best offer. Independent appraisal available.
TERMS: Bank financing available to qualified borrowers. The
practice pays for itself from extra income compared to a salary for the same
schedule!
TIMING: Available immediately. Seller's immediate exit or
phase-out will be coordinated with Buyer's desires.
PHYSICAL THERAPY CORPORATION OWNERSHIP BY A LAYPERSON
The above excerpt was taken from the PT
Board's web site.
If you scroll down to the section "Corporations" and click on this
link
Physical Therapy
Corporation Ownership by a Layperson you will find the full text from
which the excerpt was taken.
A full description is available to
qualified applicants
by signing and returning a Confidentiallity Agreement
available by clicking here.
Please identify this practice on the form as "NorCalPT"
Phone or email Seller's Representative,
Keith Borglum at Professional Management and Marketing
at 707-546-4433 with questions or to make an offer.
(but I can't say much more without that signed Confidentiallity Agreement
in hand)
email
All facts provided by seller to broker are deemed reliable, but Buyer is to verify all information prior to purchase.CA Broker Lic #00767129