Buying A Physical | Therapy Practice
Research nearby clinics. Is the market saturated, or is there room for a practice with a unique specialty (e.g., hand therapy or aquatic therapy)?
SBA 7(a) loans are often cited as the best option for healthcare practice acquisitions due to their favorable terms. buying a physical therapy practice
Review at least three years of profit and loss statements, balance sheets, and tax returns. Ensure the practice is consistently profitable and that you can manage any existing debt. Research nearby clinics
Securing the right funding and legal protections is the final hurdle. buying a physical therapy practice
Identify where patients come from. Are they referred by local physicians, or does the practice have a strong direct-access marketing strategy?