How Do I Sell My Physical Therapy Business?

You have built a physical therapy practice around your clinicians, referral relationships, and the care patients receive. When you decide to sell, you need a buyer who understands those strengths and a transition that fits your plans for the practice and your own future.

Synergy Business Brokers helps owners sell profitable businesses with annual revenue of $700,000 to $250 million or more. Our award-winning team has experience selling businesses that provide physical therapy alongside other healthcare services. We help you evaluate a potential selling price, market confidentially, and compare qualified buyers.

Physical therapy practice

We help you find a buyer whose plans fit your practice, compare offers, and work through due diligence and the transition of ownership.

Discuss Selling Your Physical Therapy Practice

Discuss Selling Your Physical Therapy Practice
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Examples of Therapy and Rehabilitation Businesses We Have Sold

Our completed transactions include practices offering physical therapy together with other clinical services. Examples include:

Millenium Medical Rehab

This multidisciplinary practice offered physical therapy, chiropractic, massage therapy, pain management, and other medical therapies. Synergy sold the business to a physician seeking to diversify beyond their existing practice. The seller agreed to help with the transition before retiring.

MHH Clinical

This healthcare business provided psychotherapy, physical therapy, and occupational therapy. After receiving several inquiries, Synergy found a buyer with industry experience. The owner’s transition support helped the buyer take over while maintaining ongoing patient care.

Medical Center Plus

This Alabama pain-management practice included physical therapy and other treatments, with multiple doctors and nurse practitioners. Synergy attracted several potential buyers and completed a sale to an investment group of physicians.

Explore more healthcare businesses we have sold. Each practice had different services, staffing, and ownership goals.

What Is Your Physical Therapy Practice Worth?

Two practices with similar revenue can have different earnings and operating needs. We review your financial results and the factors that support them to discuss a potential asking-price range. Buyers will want to understand:

  • Earnings and expenses: Profitability, clinician compensation, owner compensation, rent, and unusual or nonrecurring costs.
  • Patient demand and referrals: Referral sources, appointment volume, repeat relationships, and dependence on individual providers or contracts.
  • Revenue and collections: The mix of payer and self-pay revenue, collection trends, outstanding receivables, and billing processes.
  • Clinical team and management: Staff retention, scheduling capacity, leadership responsibilities, and the owner’s role in patient care and administration.
  • Locations and equipment: Lease arrangements, treatment space, equipment condition, and room for growth.

We use this information and relevant transaction experience to explain what a buyer would acquire and where additional questions may arise.

Physical Therapy and Related Practices We Can Help You Sell

We can discuss independent physical therapy clinics and businesses that combine therapy with other services. Relevant practice types include:

Tell us about your clinical services, locations, team, and financial performance so we can discuss how your business fits our healthcare M&A services.

Prepare for a Confidential Sale

Start with recent tax returns, profit and loss statements, a current balance sheet, and an overview of your practice. A summary of your services, staffing, referral sources, payer mix, receivables, leases, and equipment helps us understand the business.

You do not need every document ready before contacting us. We help identify the information needed to present the opportunity and respond to buyer questions. Your professional advisers can help address practice-specific questions about contracts, ownership changes, and the transition.

We prepare initial marketing that does not identify your practice. Before sharing confidential business details, we request a nondisclosure agreement and information about each buyer’s background and financial qualifications. Initial discussions can use aggregate operating information without patient-identifying records.

While we manage the sale process, you and your team can continue focusing on patient care, staffing, referral relationships, and the practice’s day-to-day performance.

Compare Buyers and Plan Your Role After the Sale

Potential buyers may include an established therapy group, a healthcare company expanding its services, an investment group with an operating team, or an experienced individual buyer. We consider their financial resources, relevant experience, and plans for your clinicians and locations.

The highest headline price may come with financing conditions, deferred payments, or expectations about your continued involvement. We help you compare the complete offer and the buyer’s ability to close. After an offer is accepted, we coordinate due diligence with the parties and their advisers.

Your role after the sale should reflect your goals and the practice’s needs. You may want a defined handover before retirement, continued clinical work, or a longer leadership role. We help discuss those arrangements early, including responsibilities, compensation, and how patient and referral relationships will transition.

There are no upfront brokerage fees. Our brokerage commission is earned when your business sells.

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Ready to Sell Your Physical Therapy Practice?

Tell us about your practice and what you would like to achieve from a sale. We offer a confidential consultation to discuss your options, a potential selling price, and the next steps.

Call 888-750-5950 or email info@synergybb.com.

Contact Us to Sell Your Practice