Selling your Physical Therapy Practice

Selling Your Physical Therapy Practice

Why sell?

• To retire • To pursue other interests • To focus on patient care • To raise capital for growth • To avoid burnout

What is your practice worth?

• There are a number of factors that determine the value of your practice, including: • Revenue • Profitability • Location • Reputation • Staff • Facilities • Equipment

Finding a buyer • There are a number of ways to find a buyer for your practice, including: • Networking with other physical therapy practice owners • Working with a business broker • Listing your practice for sale online

The sales process • The sales process typically includes the following steps: • Letter of intent • Due diligence • Purchase agreement • Closing

Tips for a successful sale • Be prepared • Be realistic about your asking price • Be honest and transparent with the buyer • Be patient and flexible

Conclusion • Selling your physical therapy practice can be a complex and challenging process, but it can also be a rewarding one. By following the tips above, you can increase your chances of a successful sale.