No photo available
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.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.