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Details - Information last confirmed on September 3, 2020

NCPT1C - $525,000 Physical Therapy, Multidisciplinary Clinic Serving North Carolina

Our firm is pleased to offer a comprehensive Spine Clinic for sale in North Carolina. The company provides a variety of services, including Physical Therapy, Non-Surgical Spinal Decompression, Medical, and DME. They serve various counties in the central part of the state.

The company’s payer mix is approximately 70% Private Insurance and 30% Medicare. Gross collected revenues were $525,827 in 2019 with an adjusted EBITDA of $129,355 and they are expected to be about the same in 2020. Over the past year, the owners have intentionally scaled back the business with plans to sell the company and retire. However, there is significant opportunity to recapture the market and grow their DME and Therapy related services.

The asking price for this opportunity is $375,000, which includes all FF&E.

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