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Specialized Therapy Practice

Specialized Therapy Practice
Listing
1672
SOLD!
Fully licensed, registered and certified staff
Acquired By
Equity Holding Firm
Middlesex, Massachusetts
Revenue
$887,984
Cash Flow
$122,000
Asking Price
$185,000
Sold Price
$185,000
Business Description

An exceptional opportunity to acquire a high-quality pediatric occupational therapy, speech-language pathology and feeding therapy practice in suburban Massachusetts.

The practice has well-documented processes. Several insurance providers are in-network; a small percentage of revenue is derived from private pay families.

It is not necessary to be a licensed occupational therapist or pathologist, but a relevant background is needed to be successful selling and supporting the business. It is recommended that the new owner be knowledgeable about pediatric therapy practices and working with insurance providers.

The practice leases space in a multi-tenant building with ample parking and its space was built to suit; a buyer may choose to take over the current lease which includes an extension.

This practice was impacted by COVID-19 in 2Q’ 2020, but month-over-month revenues have been steadily growing and are trending nicely toward the 2019 averages.

Growth Expansion and Opportunities
  • Telehealth was a new service platform introduced in 2Q’ 2020 as a respond to COVID-19.
  • Initiate a marketing and advertising effort to continue to drive more new business.  The practice’s current efforts and expenses in this area are de minimis.
Support & Training

The seller will provide training and support as necessary.

Broker

Molly Hanson

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