Asking Price
$600,000
Gross Revenue
$380,319
Cash Flow
$234,610
Overview
Business
Description
An amazing opportunity to work with and to acquire a turn-key professional hand therapy clinic located in a prime location with a complete book of business. Our seller is a licensed Occupational Therapist who is a Certified in Hand Therapy (CHT). She brings a wealth of experience which will be a part of the transition process for this business opportunity. The clinic is well branded in the community with the owner’s referring doctors, with the owner’s past clients and with the owner’s multiple layered insurance carriers. This practice is ideal for a CHT, a corporate buyer, or a team of therapists looking to enter this segment of the industry. *
MOTIVATION: The motivation for the sale is that the Seller is looking to improve her life balance between work and their own personal life. *
FINANCIALS: TTM Fiscal Year 2023 – Revenue $380,319 with a DE of $234,610. *
LEASE: The agency is approximately $2,600 per month with a lease end date of September 2024 in a second floor 400 square foot office space. *
This business is NOT a franchise. *
SELLER PREFERS: (1) Buyer to have healthcare experience in operating a therapy clinic (2) Buyer to have the funds available to proceed with a transaction (proof of funds), and (3) Buyer to have at a minimum a 3-month operational budget in reserve.
SELLER RECOMMENDS: (1) Buyer to have the ability to generate patient referrals, (2) Buyer to have the required professional team member to operate a therapy clinic, (3) a professional team member to assist with the due diligence request/interpretation. Healthcare Biz Brokers is not directly responsible for due diligence request/interpretation.
TERMS: This listing is open to all offers, which will be assessed on a case-by-case basis. *
ALL potential buyers must: (1) Sign an NDA, (2) provide Proof of Funds (redacted), (3) provide a Buyer Profile with a Buyer Representation for this one business and (4) understand that no direct communication with the Seller or the clinical or administrative staff is expected as a part of the pre-due diligence phase of the sale.
DISCLAIMER: The seller is responsible for proving the accuracy of any information provided to the buyer's satisfaction. Information contained in this document is provided solely by the seller. No representations or warranties are provided by Healthcare Biz Brokers, its agents, representatives, or subsidiaries as to the accuracy, completeness, or validity of such information. Interested parties are encouraged to seek counsel from their accountant, attorney, Medicare consultants, medical billers, medical coders, experienced clinicians and/or other business advisors.
*Buyer to verify during due diligence
Growth Prospects
Diversifying the range of services offered by the clinic beyond traditional hand therapy, such as incorporating occupational therapy, physical therapy, or specialized treatments like lymphedema management, can attract a broader patient base and increase revenue streams.
Identifying and targeting specific niche markets, such as athletes, musicians, or individuals with specific hand-related conditions, can help the clinic differentiate itself and attract patients seeking specialized care.
Collaborating with orthopedic surgeons, rheumatologists, primary care physicians, and other healthcare providers can lead to referrals and partnerships that enhance the clinic's visibility and patient base.
Hosting workshops, seminars, or community events on hand health and injury prevention can position the clinic as a thought leader in hand therapy and attract potential patients while educating the community about the importance of hand care.
Sale
Reason for Selling
The seller is looking to improve her life balance between work and their own personal life.
Training/Support
Seller will provide training and guidance to the buyer and their staff on clinic operations, treatment protocols, administrative processes, and patient management systems can help ensure a seamless transition and continuity of care for patients.
Premises
Location
Los Angeles, CA
Contact The Seller
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