Early Intervention Physical Occupational Service

Location: New York

Industry: Services

Sold, 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 these services. 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 seventy four part time employees who are unaware of the pending sale and fully expected to remain post-closing. The business has an assignable commercial lease which expires 2029 plus additional options. The 2018 yearly gross income is $1,711,900 and the business has a yearly net income of approximately $390,000 based on an onsite owner operator and prior to any debt service.