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Is My Solo Physical Therapy Practice Sellable? Revenue & Profit REVEALED - with Nathan Kadlecek
If you've been in business for a while and feel that it might be time to sell, there are a few questions you should ask yourself before making that decision: “Is MY Solo Physical Therapy Practice sellable?” “How much would I be looking for?” What are the processes of finding out if MY Physical Therapy Practice is actually sellable? This week's The Dave Kittle Show episode, Dave Kittle will be joined by Nathan Kadlecek. Nathan is the Owner of Kadalyst Wellness and Physical Therapy in Monterey, CA. Nathan attended Harding University in AR, where he received his bachelor’s degree in Exercise Science and played DII football. After Arkansas, he attended Columbia University where he received his Doctorate of Physical Therapy. Nathan has a passion for treating orthopedic and sports injuries spanning from low back, hip, knee, foot/ankle, and neck pain, in addition to post-surgical rehab. Of these most common areas of injury and pain, lower back pain, chronic pain, and sports injuries are his greatest professional interest. Nathan is currently looking to sell his solo practice that’s fully built out for a motivated doctor of physical therapy or movement professional who’s looking to acquire the entire solo practice, including but not limited to: Lease agreement, Past patient/client list, Office that’s a 2 minute walk from the Pacific Ocean, Positive reputation in the community for the last 3 years, Office/gym space refurbishments, Free weights and rehab equipment, 9 exclusive parking spots for patients, Practice that grossed $262,000 in revenue in 2021, Owner compensation over $100,000 (salary plus profit/owner perks). If you’re interested in speaking with Nathan about interviewing to possibly acquire his practice, you can contact him at nathan@kadalystpt.com. DIsclaimer: We are not brokers/advisors, and we are not receiving any commission or fee for this potential deal. In this episode, we will touch on such topics as: The benefit of taking over the practice if you bought it. How can you start on first base or second base as opposed to starting from scratch? How to value the practice and what are gonna be the components, the tangible or intangible assets of the practice? What are the elements before you go ahead with the valuation of your firm? The past patients list are the biggest assets in your practice. Having a good number of past patient information is vital in the success of your practice. How to find a creative solution to this deal where they can get into your practice, they can take over. P.S. Subscribe, rate, and review Here And, 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: Dave@Conciergepainrelief.com Instagram: @davekittle LinkedIn: https://www.linkedin.com/in/davekittle/ or Call (646)-781-8884