Always hire a broker or attorney specializing in healthcare transactions to review the purchase agreement. They can help navigate complex state-specific licensing boards and regulations. What To Look for When Buying a Physical Therapy Practice
Look for areas with a high population of seniors or retirees, as they are frequent users of PT services. buying a physical therapy practice
Before signing any agreements, you must peel back the layers of the business to ensure its health. Focus on these key areas: Always hire a broker or attorney specializing in
Don't just focus on the purchase price. Negotiate the transition period (how long the previous owner stays to help), non-compete clauses, and accounts receivable. Before signing any agreements, you must peel back
Buying a physical therapy (PT) practice is an ambitious move that offers a shortcut to business ownership compared to starting from scratch. By acquiring an established clinic, you inherit an existing patient base, trained staff, and functional infrastructure. 🏗️ Phase 1: Due Diligence and Financials