Sold
Sold
Advancing Therapeutic Services
$1,000,000
Oklahoma County, OK
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Gross Revenue
$2,189,154
Owner's Cash Flow
$262,160
Min Down Payment
$100,000
Employees
19
Business Summary
The business was founded in 2007 with a clear vision of delivering exceptional therapy services to children and their families. It was established by two owners, a dedicated Speech Pathologist and a passionate Occupational Therapist, who shared a common goal of providing high-quality care. The company's foundation was built on the belief in creating an environment that supports the professional growth and development of therapy providers, further enhancing the quality of services offered.
Key Highlights
Year established
2007
Real estate
Leased
Reason for selling
The owners' reason for exiting the business is driven by their desire to maintain involvement in specific contracts that may not have been easily transitioned to other providers.
Support and training
The current owners are willing to stay on for up to 12 months to help with the transition.
Broker of Record
Sam Domino
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Consolidated Cashflow
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Gross Revenue | $8,624 | $5,265 | $4,785 |
| COGS | $6,284 | $5,310 | $1,426 |
| Gross Income | $2,340 | ($45) | $3,359 |
| Operating Expenses | $5,278 | $5,338 | $9,148 |
| Operating Incomes | ($2,938) | ($5,383) | ($5,789) |
| Net Other Income (Expenses) | ($6,053) | ($947) | ($6,643) |
| Net Income | ($8,991) | ($6,330) | ($12,432) |
| Interest | $6,758 | $7,043 | $4,350 |
| Depreciation | $1,152 | $4,627 | $2,182 |
| Amortization | $5,443 | $9,581 | $2,627 |
| EBITDA | $4,362 | $14,921 | ($3,273) |
| Add-backs | $56,205 | $49,815 | $67,588 |
| Owner's Cash Flow | $60,567 | $64,736 | $64,315 |
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Projected Free Cash Flow
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