Busy Physical Therapy Medical Office ,Fully Equipped. 5 Therapy Rooms, Gym/Exercise Area, Doctors Office, Receptionist Area, Waiting Area, 1 Bathroom. Also Offering Basement. Established Medical Practice is available for sale. This is a great opportunity to have a thriving practice with great potential, or establish a second location. This practice is located within a health club and between schools at 303 Brook Ave, Bronx, NY 10454. This practice has an outstanding reputation in the Park Slope community and is located within a well known 139th Main street heart of Bronx, Patient love the “spa like” environment and have full access to amenities. Over 80% of the patient case load are from walk-ins and the rest from the direct physical referrals as well as the surrounding high schools. The practice currently accepts the following health insurances: Healthfirst, Fidelis, Affinity, Metroplus, Medicare, Medicaid, Orthonet, Cigna, United Healthcare, Blue Cross Blue Shield, Amerigroup/Healthplus, GHI, Humana, Aetna, Oxford, Wellcare, VNS, Americhoice, 1199, 32BJ, N-F, and W/C. A fast growing orthopedic and sports physical therapy practice. The office generates approximately 40-50 patients per day for 5 days a week. Excellent AC system t/o the office as well as heated rooms. Each room provides with its own sink ( hot and cold water ) for multiple purposes. The practice is a turnkey operation with vital staff and standard operating procedures in place. The office is well equipped and consists of 5 treatment tables with a private rooms for privacy, horizontal leg press machine, cable column, UBE, treadmill, upright stationary bike, rebounder, plyometric boxes, physioballs, free weights and ankle weights, and electric stimulation/ultrasound unit, and cable TV in each room. There is a separate office and a front desk. Separate bathroom and basement included. Ideal for Adult or Pediatric Occupational Therapists, Opticians, Internal Medicine, Multi-disciplinary specialists, Voice Teachers, Tutor/Learning Specialists, Child Psychologists/Play Therapists, Nutritionists, Social Workers, Acupuncturists and Administrative Professionals. Financial overview - Monthly rent for this office which approximates 2000 square feet is $2,000 first year and $2500 second year and a $100 increase every year thereafter. As mentioned earlier, the practice has consistently grossed near $500,000 per year with low AR, streamlined operating costs and no bad debt. All furniture, fixtures, software, accurate databases of referral sources and patients, and equipment necessary to operate the business are included, with a total estimated expenses per month of approximately $4,500. This is a tremendous opportunity for anyone looking for a solid foundation upon which to grow.
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