Broker Login
BuyABiz Listing Details
  • Listing Information
    • Speech Therapy With OT – Owner: Oversight of Management Only

      Speech Therapy With OT – Owner: Oversight of Management Only

      Business Type

      Services - Health, Medical, Dental

      Area
      County State Nebraska
      Property Status Established Business Asking Price $1,850,000.00
      Down Payment Total Debt
      Gross Sales Total Income
      Total Expenses Terms
      Listing Flyer
      Summary
      List Price:$1,850,000
      Gross Sales 
      2017: $1,419,457
      2016: $989,705
      2015: $490,471
      2014: $286,778
      Owner Profit/Cash Flow
      2017: $563,004
      2016: $441,817
      2015: $254,157
      YOY Growth/Sales Trends: 400% increase in sales from 2014 to 2017!
      Revenue Sources: Three distinct revenue sources provide overall sales stability
      Profit Margin: 40%
      Valuation: 2017 Cash Flowx Multiple=Price
                  $563,004x3.3   =$1,857,913

      Assets Included in Purchase: $99,819
      Furniture & Equipment: $6,103
      Intangible Assets: Contracts with acute hospitals, skilled nursing facilities and one school district; in current negotiations on 3 new contracts
      Accounts Receivable: $93,716

      *amounts may vary

      Business Information
      Year Established: 2013
      Location: Eastern Nebraska
      Services: Focus on speech and occupational therapy
      Payment Mix: 99% insurance, 1% private pay.  The business works with all 7 major insurance carriers.
      Lease: $2,500/mo.  The office building has been remodeled specifically for the business.
      Reason for Selling: Focus on family
      Employees: 9 FT (which includes a Clinical Manager, 2 Occupational Therapists, 1 Certified Occupational Therapists and 4 Speech Language Pathologists); 1 PT Office Manager and 23 Casual employees (which includes 20 Therapists)
      Hours: Office hours 8am-4pm M-F and clinic hours 4:15pm-8pm MW
      Seller Training Period: 90 Days
      Growth Opportunities: Expand number of facilities served; open additional clinic; direct marketing; expand services to ABA (Autism), psychiatric treatments, ADHD, audiology
      Current Owner’s Responsibilities: Business Management; Seller does little to no billable hours

      Funding Example
      Purchase Price:$1,850,000
      10% Buyer Down Payment:$185,000
      15% Seller Financing:$277,500
      75% Bank Loan:$1,387,500

      A 10% down payment of $185,000 profits $257,690 in the first year after debt payments, which is 139% return on investment!

      Description
      The experienced and accredited staff in place allows the business to run itself, without active oversight from the Owner.  Nine full time, eight-part time and twenty-three casual employees (working less than a traditional part-time employee) are currently on staff.  The full-time employees include a Clinical Manager, therapy technician, two occupational therapists, one certified occupational therapist, and four speech language pathologists.  The causal employees include 20 therapists.  The business is fully accredited and all therapists hold state licenses and national accreditation.  A new owner does not need to be a licensed therapist.

      There are three revenue sources for the business: medical facility contract based (10%), clinical insurance (56%) and educational (34%).  Focus is on occupational and speech therapy, but other services could also be provided in areas including dementia, cerebral palsy, stroke, traumatic brain injuries and swallowing issues, based on therapist expertise and training.  The business is very nimble and can collaborate with facility based therapists, providing an additional scope of experience and knowledge.  

      Growth opportunities include expansion of service area, adding additional contracts, opening additional clinics, direct marketing (current referrals outside contract relationships are word of mouth), expand services to ABA (Autism), psychiatric treatments, ADHD, audiology.  

      A 10% down payment of $185,000 profits $257,690 in the first year after debt payments, which is 139% return on investment!


       
      Print Listing
  • Lease / Asset Information
    • Rent Rent Deposits
      Lease Ends
      Accounts Receivable Square Feet
      Inventory Inventory Included No
      Furniture, Fixtures, and Equipment (FF&E) FF&E Included No
      Other Assets Assets Included No
  • General Business Info
    • Other Information
      Employees Part Time Employees
      Hours Open Days Open
      Year Established
      Training
      Selling Reason
      Property Features
  • Images
    •  
Additional Listings by this Broker
cryotherapy-spa-with-great-buildout Cryotherapy Spa with Great Build-Out
        Financial Overview List Price:$90,000 Gross Sales 2017: $113,403 Annualized Owner Profit/Cash Flow 2017: $15,460 Annualized Valuation:   Cost to Create –  It would take far more time and ene....
State:  Nebraska
Asking Price:  $90,000.00
  
asphalt-paving-patching-with-poured-concrete-services Asphalt Paving & Patching with Poured Concrete Services
If you are looking for an in-demand asphalt paving business in a town booming with construction, then look no further than this gem.  Started in 2010, this business has experienced rapid growth since 2014.  Working on commercial and residen....
State:  Tennessee
Asking Price:  $2,020,000.00
Gross Sales:  $1,332,521.00
midwest-manufacturing-company Midwest Manufacturing Company
The products are manufactured at their Nebraska plant anddistributed across North America.  Salesand management staff are in place and are equipped to handle operations.  Over 50% of sales are throughout retailstores, with the majority of t....
State:  Nebraska
Asking Price:  $860,000.00
Gross Sales:  $1,744,053.00
event-planning-production-with-large-inventory Event Planning & Production with Large Inventory
List Price:$489,000 Gross Sales     2017: $728,448 2016: $792,203 Owner Profit/Cash Flow    2017: $251,576 2016: $141,154 Profit Margin: 35% Multiple: 1.95  Valuation: 2017 Cash FlowxMultiple=Price    ....
State:  Nebraska
Asking Price:  $489,000.00
  
it-support-for-chicago-department-of-aviation IT Support for Chicago Department of Aviation
Providingexcellent IT support as a subcontractor to the Chicago Department of Aviation,this business has an incredible 70% profit margin.  With very low overhead, all work is completedon-site, so no office or the related expenses are needed.&n....
State:  Illinois
Asking Price:  $1,830,000.00
Gross Sales:  $591,212.00
Page size:
select
Page: of 7
Items 1 to 5 of 35
About the Broker....

The Firm Business Brokerage

Cortney Sells
11550 West Dodge Road
Omaha, Nebraska 68154
Phone: 402.998.5288
Fax: 402.939.0857
Broker's Website
My BuyABiz Listings
Contact Broker About This Listing...

Contact Information

Contact Name Cortney Sells
Phone # 4029985288
 

Request Information

First Name
Last Name
E-Mail
Phone
Timeframe
Available Amount Down
Comments
CAPTCHA image
Enter the code shown above in the box below
Register for Updates
Similar Listings
There are no items to be displayed.

The information for this listing was received from the Seller, and is not guaranteed. Neither the Broker nor BuyaBiz has verified the listing information, and the Broker does not ensure the accuracy of the listing details. The User is solely responsible for verifying all information. BuyaBiz does not ensure the accuracy of, endorse, or recommend any listing.