Multi-disciplinary therapy company located in Southern North Carolina that is for sale. They treat patients of all ages, specializing in Speech-Language Pathology and Occupational Therapy. Services include evaluations, IEP consultation, Occupational Therapy, reading clinics, screenings, social skills groups, speech therapy treatment and tele practice. Their service area spans 4 surrounding counties.
The company’s payer mix is 60% Medicaid, 30% direct billing to schools, and 10% Tricare. Their business is currently 90% Pediatric, but they have recently obtained their Medicare license and are growing their adult business. Gross revenues were approximately $1.6 Million in 2015 with an adjusted EBITDA of $250,000 and they are expected to do even better in 2016. Continued growth could be achieved with a stronger marketing effort.
Key staff are expected to stay on under new ownership and the sellers will assist during a transitional period as needed. The asking price for this opportunity is $1 Million. The real estate is not included but is also available for sale.
DealStream.com is an online community for dealmakers with over 100,000 active members in 100 countries.
Our members include entrepreneurs, corporate executives, private equity groups, business brokers, investment bankers, and M&A advisors. They use our website to buy businesses, sell businesses, and expand their professional networks.
If you are looking to buy a company or buy a business, we offer a searchable database with over 15,000 listings of businesses for sale, companies for sale, and franchises for sale. We have a lot of listings for middle market businesses for sale and large businesses for sale.
If you are looking to sell a company or sell a business, you can list your business for sale for free and reach thousands of business buyers and intermediaries.