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Business for Sale Summary

Physical Therapy Practice for sale in Queens - 33635

Business Type: healthcare related services,other personal services,professional services,seller financing available,health/medical/dental practices
Owner Financing
Physical Therapy Practice for sale in Queens
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Financial Information (non-confidential)

General Information
Asking Price $425,000 Down Payment $300,000
Gross Revenues $575,330 Lease Remaining Register Free to View
Owner’s Cash Flow $200,951 Number of FT Employees Register Free to View


$300,000 Down and $125K financed over 3 years at 5% interest

Business Description

Long Established (30) years Physical Therapy practice located in upper middle-class Queens neighborhood. 85% private pay, all insurances and Medicare. Only 15% no fault and Medicaid. Regular referrals from doctors, orthopedics, and attorneys, plus walk ins, etc. Open 6.5 days. Staffed by 2 physical therapists plus owners 2 days per week semi absentee PT practice. Also 2 PT aides and 2 employees at reception. 7 private treatment rooms with space for acupuncturist, massage therapist or for other personal services for rent or percentage of patient billings. Proprietary MW Software for Physical Therapy practices, fully integrated w/interface with Abilify for billing. Pre -Covid saw 35-40 patients a day- now seeing over 65 % of that volume. Open gym area with state of the art Cybex and other stations. Total square footage is 2,500 sq. ft. 100s of Doctor referrals. Important contract with NYC Fire Department. Perfect opportunity for full time owner operator physical therapist to grow practice and add patient services. Contact broker Joseph Stansky for more information on this practice.

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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.