• Listing ID: 1224394
  • (Seller ref: 7444RDE)

Home Based Houston In Home Patient Rehabilitation Service For Sale


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Asking price:
$700,000 (Furniture / Fixtures included)
Sales revenue:
$1,183,116
Cash flow:
$368,429
Years established:
2008
Employees:
4Ft; 17 Contractors; 1 Owner
Home based:
This business can be run from home.
Relocatable:
This business can be relocated.

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This extremely profitable and fast-growing company provides in-home rehabilitation services to individuals in the greater Houston & Beaumont areas of Texas, and is still growing. The company arranges for physical therapists & physical therapist assistants to visit patients in their residences providing a great service for those who have restricted mobility or limited resources. The company retains PTs & PTAs and pays them for each visit to a client, rather than a salary, to offer high pay to high performers. Incoming payments are pre-approved before services are rendered & paid by Medicare, Medicaid and insurance companies through agencies so there is almost a zero delinquency rate. The typical patient is a repeat client. The owner has a paperless system in place to keep invoicing and customer contact via the computer to reduce the need for a large office staff, which has also greatly reduced the need for the owner to work daily in the business. The large network of independent contractors covers Houston, Beaumont, Galveston, Woodlands, Dayton, Port Arthur and other surrounding areas. Although this company is best suited for a PT or established business looking to grow through acquisition – no licensing is required to own & operate the business. Don’t miss your chance to acquire a solid business in the medical field that is easy to grow at less than 2 times annualized discretionary earnings!

Seller's Discretionary Earnings: $368,429 Actual


Location:
Home-based business

Expansion potential:
Hire more physical therapists and therapy assistants.
Reasons for selling:
Seller's mother is ill - he is moving home to the East Coast.
Trading hours:
5 days, Mon - Fri 9AM-5PM
Furniture / Fixtures value:
$30,000 (included in the asking price)
Related documents:

For more information about this business for sale, click the Contact Seller button.


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