721 Buyers Online Now
Buy Business Sell Business Business Brokers My Account
Photos Website Map
Asking Price$450,000
Revenue$710,000 Established2000
Cash Flow$150,000 Employees34 full-time
FF&E$90,000* FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Excellent business opportunity to own this physical-occupational therapy center that offers a full range of therapeutic & educational services to children. This seventeen-year-old company services Infants and Toddlers through their Early Childhood Mental Health Program, which provides mental health screenings, referrals and treatment for children. The Early Intervention Program (EIP) is a public program for children under the age of three who have or are suspected of having a developmental delay or disability. The EIP program is funded by New York State and county governments. Their knowledgeable and highly motivated team of professionals is committed to providing the highest quality of care to the children they service. They work with children and their families to promote optimal childhood development in the areas of cognition, gross and fine motor skills, sensory processing skills, language acquisition, feeding skills, and self-help skills. Potentially eligible children must be referred to the program to receive Early Intervention services. They are an approved provider of EIP services and under contract with NYS/NYC Early Intervention Programs to provide Early Intervention services. The company staff consists of highly qualified, experienced professionals offering a wide range of therapeutic and educational services including physical therapy, occupational therapy, speech therapy and special instruction. They are fully approved by the New York State Department of Health to provide Early Intervention services to the children of the state of New York. They are also approved by the Orange County Department of Health to provide Preschool services to the children of Orange County. For the past dozen years, they have been committed to helping children reach their full potential in all areas of development and pride themselves in working closely with families in a professional and caring manner. The company is privately owned and operated by a practicing licensed physical therapist. Their main objective is to provide the highest quality of care to the children and families of New York with numerous services including, evaluations, physical therapy, occupational therapy, speech therapy, special education Services, service coordination services and Pre-School Services. This industry requires New York State government licensing approval to operate. This company has on an average thirty-four full & part time employees who are unaware of the pending sale and fully expected to remain post-closing, the monthly payroll cost is approximately $40,000. The business has an assignable commercial lease which expires 2019-01-01 plus additional options, with a monthly rent of $1,023, cost per square foot is estimated at $8.20 and rent security of approximately $2,000. The business is in an attractive commercial facility, near to various highways for client’s convenience, consists of approximately 1,500 square feet and has an estimated capacity for fifteen patients. The business fixed assets has an estimated value of approximately $90,000 which is based on equipment and licensing replacement cost. This professional company consists of a fully equipped children’s therapy center which includes all required state and county licenses, accounting and business software systems, general equipment including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser upon request. The facility has appropriate private parking at the business location as part of the assignable commercial lease. This successful children’s therapy center business operations are active five days per week, closed weekends, with hours from 9:00 am to 5:00 pm. The sale includes all required documentation including a certificate of occupancy from the municipality and the required state or city licenses to conduct its day to day business. This is an unusual safe business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent and dependable return on investment to the owner operator. Please do not disturb business, this sale is confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo does Not represent this particular business opportunity.
Facilities:This highly successful therapy center, which consists of 1,500 square feet has an attractive professional appearance. The business is in a mid-size commercial professional complex with other active and successful businesses. This opportunity is in Southern New York State, Orange County, which consists of various highly populated cities-communities with continued demand for this professional service.
Competition:Although Competitors presently exist in the industry, to the best of our knowledge, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.
Growth Potential:The business presently has an inadequate marketing plan, basic web site which can be improved to further develop the business with new relationships representing an improved income.
Training/Support:The owner will remain post-closing and is fully prepared to supply an appropriate transitional period to the new owner / operator. Also, if required the seller will supply additional training at a fair cost to the purchaser.
Seller Financing:Can be available to a qualified buyer with an appropriate down payment.
Sale Reason:The sale is due to the owner’s family responsibility.
Ad #99104
Seller Reference #SVS346
The information in this ad has been provided by the business seller or representative stated on this ad. BuyBusiness.com has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Please read our Terms of Service before responding to any ad on our website.
Contact This Seller
Ron Cervelli
Regal Consulting Corp.
973-837-0808
Name
Email Address
Message