How Do I Value My PT Practice? Comparing 2 PT Clinics, $1M Revenue, Different Profit Margins with Dave Kittle

15/07/2022 21 min Episodio 26
How Do I Value My PT Practice? Comparing 2 PT Clinics, $1M Revenue, Different Profit Margins with Dave Kittle

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Episode Synopsis

​If you started a new physical therapy practice would your goal be to run a cash flow positive business and add hundreds of thousands of dollars in value to your community? But did you know that two similar physical therapy (PT) clinics can have such different profit margins? How much PT clinic income is possible with a little effort and new thinking?This week's Dave Kittle Show episode, Dave Kittle will talk about two private physical therapy practices that were bringing in 7-figures or more each year. After months of analyzing reports for the top performers, there was an enormous range between what different PTs did with their time, services provided, and pricing. With a little thought and effort he discovered he can help your clinic achieve better, more predictable results and value in the near future!We will touch on such topics as:Have you ever wondered how to value a PT clinic?What are the things that are highly valued in the field of private practice?There are several aspects you should focus on to improve your practice's performance and reach a new level of success. A successful practice is a gainful, stable business as well as an investment with a great value that can be sold in the future.The only thing more intimidating in business than optimizing a conversion rate is cash-flow.When a practice is valued, the real estate investor wants to see what tangible and intangible practice improvements have been made to increase value. P.S. Subscribe, rate, and review HereAnd, if you like what you hear from the host, Dave Kittle, then it's possible that he and his team, The Fieldmaker Group, may be interested in acquiring some or all of your physical therapy practice.Connect with him on:Email: [email protected]: @davekittleLinkedIn: https://www.linkedin.com/in/davekittle/orCall (646)-781-8884 Hosted on Acast. See acast.com/privacy for more information.