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Details - Information last confirmed on September 3, 2020

DEPT1A - $2.2 Million Pain Management Practice Serving Delaware and Pennsylvania

Our firm is pleased to offer a 20- year-old comprehensive Pain Management company for sale with substantial upside potential. The company provides a variety of full and part-time Physical Therapy, Chiropractic, Neurological, and Interventional Pain Therapy. They serve several counties in Delaware and Pennsylvania.

Over the last three years, the company has increased in annual revenue from $1.6 Million in 2017 to nearly $2.1 Million in 2018 and $2.2 Million in 2019. The company was profitable with adjusted EBITDA of approximately $414,586 in 2018 and $417,730 in 2019. The total payer mix is approximately 40% Medicaid, 30% Private Pay, and 30% Cash. There is significant opportunity for growth in soliciting and treating Medicare patients.

The asking price for this opportunity is $1.6 million.

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