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Buying a physical therapy (PT) practice is an ambitious move that offers a shortcut to business ownership compared to starting from scratch. By acquiring an established clinic, you inherit an existing patient base, trained staff, and functional infrastructure. 🏗️ Phase 1: Due Diligence and Financials
Inspect all machines and tools. Ensure they are in good working condition and factor the cost of any necessary upgrades into your purchase price. buying a physical therapy practice
Don't just focus on the purchase price. Negotiate the transition period (how long the previous owner stays to help), non-compete clauses, and accounts receivable. Buying a physical therapy (PT) practice is an