Business Details
Company Profile
Listing ID: VANCOBC002-N392
Location: Metro Vancouver, BC
NAICS: 62134
Industries: Physical Therapists
Business Highlights
- Well established for over two decades
- Great location in the hub of a densely populated area
- Multidisciplinary healthcare practices provide one-stop solution to patients
- Stable history of profitability
- Large patients base
- Technology system in both administration and patient management in place
- Valuable electronic clinical records in place
- Staff handle day-to-day administration
- Adaptability in the ever-changing healthcare industries
This multidisciplinary therapy clinic operating from a hub location in the Greater Vancouver Metropolitan Area has a long history of good service, reputation, and profitability. Multidisciplinary healthcare services include physiotherapy, chiropractic, registered massage therapy, acupuncture, and kinesiology.
With a large client base, this is an attractive opportunity for an existing therapists clinic looking for growth by acquisition, or an investor interested in the healthcare industry.
A customized layout for multidisciplinary practice, dedicated staff for daily administration of direct third-party billings, and technology system in both administration and patient management provide a turn-key opportunity to the new owner to grow the business to the next level.
The clinic temporarily closed during the pandemic. Since reopening, the therapists have been fully booked. Efficiency in patient management enables zero waiting times for patients, meeting social distancing requirements provided by the government and health agencies.
Type of Sale: Share Sale
Operational Balance Sheet Inclusive of: Furniture, Fixtures, & Equipment / Goodwill / Normal Net Working of $20,000
BUSINESS ASKING PRICE
$350,000Normalized Financial Summary
| YEAR | REVENUES | SDE | EBITDA |
| PROJ. 2020 | $590,000 | $256,000 | $196,000 |
| FYE 2019 | $445,000 | $236,000 | $157,000 |
| FYE 2018 | $374,000 | $221,000 | $155,000 |
| FYE 2017 | $416,000 | $217,000 | $166,000 |
** SDE - Seller’s Discretionary Earnings
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Metro Vancouver, BC