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**Seller Financing Available** This Northern California Physical Therapy and Fitness Center Company is a California S Corporation and was started 19 years ago by the current Owner. Their Physical Therapy Services utilize the latest in Rehabilitation Equipment and top of the line fitness machines that are non-intimidating, user-friendly and low impact. They also offer Aqua Therapy three times per week, which is not found in any physical therapy operation in the entire region. Anything from neck or back pain, sprains or tendonitis, hip or knee pain, limitations in joint range or motion following injury or surgery, postural or balance problems, nagging headaches or any other musculoskeletal problems, Physical Therapy can provide relief and positive results. Conditions that can be treated include Sports Rehabilitation, Orthopedics, Arthritis, Osteoporosis, Balance Therapy, Stroke & Neuromuscular Re-education, just to name a few. Also included is a 24-Hour Gym where members have key-card access to a wide range of fitness equipment, pool and hot tub use. Strength Equipment, Cardio Equipment, Personalized Instruction and a Friendly Environment is what you will find at the Fitness Center. Financing Comments Sellers are willing to finance up to 50% of the purchase price over 5 years at 8% interest. Amount actually financed is based on the purchase price of the business and the quality of the Buyer. Asking Price: $250,000 Gross Revenue: $185,586 Cash Flow: $171,486 Down Payment: $162,500 FF&E (Included): $150,000 Inventory: $4,000 Financing: Yes Broker: ProEquity Asset Management Corporation License ID: 01870526 Location: Siskiyou County, California Year Established: 2001 Number of Employees: 2 Real Estate: Leased Building Sq. Ft.: 1,896 Rent: $2,430.00 Per Month Lease Expiration: 11/30/2023 Facilities: Is Property Leased: Yes Real Estate Available: No Days Open: Monday, Wednesday and Friday Hours Open: 8:00am to 5:00pm Website: www..sunbeltnetwork.com/sacramento-ca/buy-a-business/listings/listing-det Market Outlook/ Competition: Competition Description Two of the big advantages of this location is the availability of Aqua Therapy, which no competitors offer in the region. Also the size of the facility and breadth of equipment offered (especially considering it comes with a full 24-Hour Gym) which no competitor in the region has available. There are 2 other much smaller physical therapy locations in the region, and they do not offer the depth of experience and treatments as this location, and both are not as established. Growth & Expansion: Growth / Expansion overview A large portion of the business directly comes from word of mouth and repeat customers, as well as direct physician referrals. Ownership has always operated at 3 days per week (M-W-F from 8am to 5pm), and new Owners could greatly increase revenue by operating at 5 days per week. Currently, the Owners do not do any advertising, and new Ownership could start advertising which would greatly increase revenue as well.
Listed: Apr 21, 2022
Updated: 3 days ago
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