This is a fantastic opportunity to purchase an extremely well established and highly regarded multi-disciplinary pediatric practice for occupational and speech therapy services in a fabulous location in the Central Colorado vicinity!
Whether you are looking for a fabulous foundation upon which to build, or want a terrific second location for your existing practice, this is worth considering in 2020! Due to personal family circumstances, the practice owner is anxious to make a deal.
This long established and highly regarded therapy clinic offers speech and occupational therapy services to children between 2 years and 18 years with a variety of diagnoses including Developmental Speech, Language, and Motor Delays, Autism Spectrum Disorders, Learning Disabilities, Pragmatic Language Disorders, Congenital Birth Disorders, Intellectual Deficits, Childhood Apraxia of Speech, Fluency Disorders, and Sensory-Based Feeding deficits. The practice prides itself in its high-quality, evidence-based, collaborative approach to treating the whole child and has extensive long term referral sources in the community.
Monthly billable revenue averages over $95,000, generated primarily through self-pay at the time of service, several small school contracts, and Kaiser. The practice currently provides over 800 combined clinic and community-based therapy sessions monthly to over 200 children, with many receiving more than one service. Approximately 25 new children come on program each month, and there is no wait list to initiate services. The practice serves a small Medicaid and CHP+ population and will soon be executing a new Early Intervention contract. There is significant revenue growth potential in the insurance market as well as potential for expansion to physical therapy, ABA, and other complementary services.
Current staff is eager to stay on and includes 15 employees including a patient scheduling coordinator, part-time administrative assistant, lead speech language pathologist, full-time speech language pathologists,full-time speech language pathology assistant, 2 full-time occupational therapists,1 full-time certified occupational therapy assistant, 1 part-time occupational therapist and 3 part-time speech language pathologists.
The clinic is located in an extremely desirable , high growth area of Central Colorado and has a long term transferrable and renewable lease at a very reasonable rent for over 4500 square feet of finished space. The office is ADA compliant and a full copy of the lease is available for inspection.
The ambiance of the office space is very well-suited to the practice.
The office is on the ground level with large exterior windows and a private patio area accessible from both an interior office and the conference room. The conference room includes a conference table and chairs and a large screen smart TV, making it useful for client and business meetings. The clinic includes a large reception area, 15 offices, a kitchen with new full-sized fridge, conference room, server room, storage area, copier/supply area, and a private outdoor patio. The space is professionally furnished with new carpet and is freshly painted. The building has ample visitor parking, tenant parking, and elevator access. All staff have laptop computers and/or desk top computers, and iPads. All property is owned and included in the sale.
TERMS AND ASK PRICE
Ask price is $250,000. Full financial and practice analytics are available to serious and qualified buyers. Please contact Iris Kimberg MS PT OTR on behalf of the owner at email@example.com .