PEDIATRIC OCCUPATIONAL AND SPEECH THERAPY CLINIC

Worcester County, MA

Seller Financing Available

listing image
Asking Price:$955,000
Gross Revenue:$1,460,868
Established Year:2000
Cash Flow:$547,009
FF&E:$100,000
BUSINESS DESCRIPTION

On offer is a well-established pediatric occupational and speech therapy clinic that has been operating for over two decades, renowned as one of the first sensory clinics in Massachusetts. It specializes in addressing developmental problems in children, such as Nonverbal Learning Disability, Sensory Integration Dysfunction, Attention Deficit Hyperactive Disorder, Autism, and more. It has built a solid reputation amongst neurophysiologists, pediatricians, advocates, ABA (Applied Behavior Analysts), and occupational and speech therapists, with pediatricians being its most vital referral source. It also sees numerous referrals from its previous and existing clients and has secured ongoing contracts with reputable insurance companies. Notwithstanding economic and internal challenges through the years, the clinic has maintained resilience and trust among its clients, resulting in its solid market position today.
The premises occupied by the clinic
span 5,422 sq ft. and are fully fitted with functional toys and suspension
equipment for children of all ages. As all assets necessary to continue operating
the clinic at its current level will be included in the sale, no additional capital injection will be necessary.


DETAILED INFORMATION
Location
Worcester County, MA
Inventory
Included in asking price
Real Estate
Leased
Lease Expiration
31/12/1969
Employees
18
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The clinic on offer has been the local go-to for pediatric occupational and speech therapy since its inception in 2000. Its longevity is a testament to its reliability and strong ties with the community and is also a key factor in attracting new and repeat clients.
Competition
The clinic is conveniently positioned centrally in the town wherein it operates, providing clients predominantly within its 10-mile radius convenient access to its premises. Its prime location is secured through a favorable lease. The clinic does not require signif icant investment in marketing and advertising, given its high volume of referrals, predominantly f rom pediatricians, children’s hospitals, and previous clients. Instead, the business invests its resources in community outreach programs focused on educating preschool-age families
Growth & Expansion
The clinic presents ample potential for further growth, which may be achieved through multiple strategies, such as opening additional off ices to capture new markets state-wide. It could also emphasize its focus on preschool-aged clients and expand its clientele to include older students (high school age and up). Moreover, the clinic could secure school contracts or expand its roster of partner insurance companies to boost its revenue potential.
Support & Training
2 weeks
Reason for Selling
retirement
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Mukesh Sharma
Transworld Business Advisors
Mukesh Sharma