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Broker Name:Ronald Cervelli
Broker Email:contactus@regalconsultants.com
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Early Intervention Physical Occupation Service
(Services)
Orange County , NY
Listed Price: $ 450,000
Listing ID: SVS379

Listing DetailsGross Revenue: $ 804,698
Cash Flow: $ 99,571
FFE: $ 90,000 (Included in Price)
Inventory: $ 1,500 (Included in Price)
Reason for Sale:

The sale is due to the owner’s family responsibilities.


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.


OperationsYear Established: 2010
Days & Hours of Operation: Mon.-Fri. 9am-5pm
Non-owner Payroll: $ 40,000
Employees: 34
Absentee Owner: No
LocationLease Expire: 0000-00-00
Lease Security: 2000
Monthly Rent: $ 1,023
Square Footage: 1500
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.


SummaryBusiness Description:

Excellent business opportunity to own this physical-occupational therapy center that offers a full range of therapeutic & educational services to children. This 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. 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. The company is privately owned and operated by a practicing licensed physical therapist. 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 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. This successful children’s therapy center business is operational five days per week, closed weekends, with hours from 9:00 am to 5:00 pm. 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.


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.


Potential Growth:

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.


Financing/Terms:

Is available to a qualified buyer with an appropriate down payment.