Should We Buy This $1.25 Million Physical Therapy Practice? with Richard Leaver & Steve Tolger

10/03/2023 39 min Episodio 94
Should We Buy This $1.25 Million Physical Therapy Practice? with Richard Leaver & Steve Tolger

Listen "Should We Buy This $1.25 Million Physical Therapy Practice? with Richard Leaver & Steve Tolger"

Episode Synopsis

Buying a physical therapy practice is like buying a new pair of shoes: do you want to wear the same old thing, or do you want to step up your game? Are you ready to commit your time and energy to it? What are the pros and cons of buying a physical therapy practice worth $1.25 million?   This week's The Dave Kittle Show episode, Dave Kittle will be joined again by Richard Leaver & Steve Tolger. Richard is a seasoned professional having demonstrated expertise in all facets of outpatient therapy services management with a strong track-record of creating long-term value and ability to successfully grow in various challenging and complex market environments. He is a licensed physical therapist with an MBA from University of Michigan and Board Certification in healthcare management, earning the distinguished Fellow of American College of Healthcare Executives (FACHE) Credential. Prior to joining Alliance, Leaver worked at ATI Physical Therapy as Vice President of Operations for Washington State. And Steve is the Vice President of M&A and Partnerships in Alliance Physical Therapy Partners. You can learn more about Richard, Steve, and Alliance at their website here - www.allianceptp.com We will touch on such topics as:How to get a listing of a physical therapy practice for sale with a value of  $1.25 Million How approximately a practice is valued What are the fears or doubt or uncertainty that would require a little bit more inspection in a physical practice? What are the financials of a physical therapy practice with an asking price of 1.25 million?  What are some ways you can maximize the value of the business? If the owner is willing to partner and stay on as a therapist or consultant their business if going up to speed with the owner being a physical therapist to buy the practice. What are the metrics to look at with the current market for a private practice? How can the seller and buyer build a relationship with trust? 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.