First, a note from our President and Founder:

- Justin Farmer, Esq., CBI

President & Founder of Private Practice Transitions

Webinar: The Journey of Selling or Buying a Private Practice

As a potential seller, learn strategies you can implement now to enhance the value of your practice making it more attractive for buyers in the future. As a buyer, find out what you should be looking for in a practice and what financing options exist to make your dream a reality. We’ll also discuss market trends and deal structures to ensure you are ahead of the game when the time comes.

Join us in Aurora, Colorado, November 2-5, for APTA's Premier Event, PPS 2022. This four-day event is for professionals in the physical therapy industry looking to connect with ideas, insights, and each other. While at the conference, we encourage you to stop by booth #214 and learn more about our team and the services we offer here at PPT. We will be hosting a giveaway, so don't forget to enter for your chance to win a gift basket from Olive & Cocoa full of lots of goodies! Attendees will be randomly selected from the entries and notified after the drawing.

PPS 2022 Vendor-Led Session

Be sure to stop by for my presentation titled, Selling Your Physical Therapy Practice for Top Dollar: Preparing, Planning, and Implementing a Profitable Exit Strategy on Friday, November 4th from 7:30 am - 8:30 am MDT.

FEATURED BLOG:

Common Mistakes When Buying a Physical Therapy Practice

Buying a physical therapy practice can be a lucrative investment. However, regardless of the financial decisions you have made in your life, it is likely going to be stressful. It is easy to make any number of mistakes along the way, and any one of those errors could set you back, both financially and in opening your clinic.

Continue reading to learn some of the most common mistakes people make when buying a physical therapy practice, and how you can avoid them.

Listing 1178

Established in 1954, this CPA Practice has provided tax preparation and planning, and other accounting services to countless clients with a service by revenue breakdown of 35% Business Tax Preparation & Planning, 30% Individual Tax Preparation & Planning, 23% Bookkeeping and Payroll Services, 6% Estate Work, 3% Financial Statements and 3% Advisory. The Practice is known for doing quality work and as such, has a great reputation within the community. Because of this, the Practice receives a lot of word-of-mouth referrals and has incredibly high client retention. 2022 projections show year-end gross revenues at ~$1M. The two partners are seeking a buyer that will bring additional production capacity and/or take over the Practice’s administrative functions. The partners would like to stay with the firm as employees post-transition to new ownership. With ~1,020 active clients, this is a great opportunity for any buyer looking to buy an already thriving business. 

Listing 1211

For over 43+ years, this Central Oregon practice has provided tax preparation and planning, and other accounting services to countless clients within Deschutes County and surrounding areas. The Practice’s service by revenue breakdown is 85% Tax Preparation, 10% Bookkeeping, and 5% Other. As of September 2022, the Practice has approximately ~700 active clients. Over the past three (3) years, the Practice has averaged gross revenues of approximately $489,810 (2019-2021), and 2022 projections are showing year-end gross revenues to be over $550,000! The Practice’s success can largely be attributed to its established name and loyal clients who have grown to trust the services it provides. The Practice has four (4) staff including the Owner, who is willing to stay on through one more tax season for agreed-upon compensation if desired. Don't miss out on this exciting business opportunity. 

Listing 1213

Established in 1990, this tax and accounting practice located in the southwest suburbs of Portland has offered a wide range of tax services to both business and individual clients as well as audit services to housing and employee benefit clients. The Practice’s service by revenue breakdown is 37% Housing Project Audits, 30% Tax Preparation, Planning, and Consultation, 24% Benefit Plans, 8% Payroll Audits, and 1% Non-Housing Audits. Including the Practice’s five (5) Partners, the Practice has seventeen (17) staff members serving its ~1,080 active clients. Over the past three (3) years, the Practice has averaged gross revenues of approximately $2,545,327 (2019-2021). The Practice’s success is in large part due to the dedicated and seasoned staff who are highly skilled with a strong focus on customer service. This Practice is poised for growth and increased revenue under new ownership.

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