NEW FOR SALE
Occupational Therapy Business for Sale
NEW FOR SALE
Occupational Therapy business for Sale
Medical Business Brokers is exclusively selling this NDIS Registered Occupational Therapy practice on the NSW Mid North Coast. Set is a large provincial town offering excellent lifestyle and living costs this young business has served the owner well however it is time for them to relocate overseas. The practice is operated by a single OT who works by choice around 25 hours a week and has built a fast turnover in excess of $100K per annum with next to no costs. The business has several contracts in place with an insurance company and other rehab groups on an SLA however to date this revenue is largely untapped at present. The owner has the business registered as an accredited NDIS provider and as this income stream its more profitable it has been pursued. The owner currently turns away work from both NDIS and the insurer due to family commitments. With the OT seeing patients at their own homes, this business has little to no overheads which sees the owner earning a full time market wage working part time hours. Significant scope exists here for a buyer to take this business to full time and increase earnings substantially. The business is all ready for a commercially minded practitioner or owner to also introduce a contracting workforce to cover more of the NDIS load. The owner can offer a solid hand over including templates and files for the NDIS audit preparation. Current NDIS registration is set to expire in February 2022. For current OT’s that are working for a wage, now is your time to take over this opportunity, double your earnings and grow a stable business. Vendor finance may also be an option.
- Single Practitioner OT – will depart after handover as relocating overseas
- In excess of $100K turnover working average of 25 hours a week
- NDIS registered provider until Feb 2022 – turning away work
- Owner profit c$90,000 per annum
- Minimal to non existent costs due to working from home base and visiting clients in their residences
- Substantial upside for single practitioner
- Ability to grow a contracting workforce
- Strong handover including NDIS audit templates and preparation for a new owner
Priced to sell at $50,000 (no GST)
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