NextCompany

Physical Therapy Practice, Established Referrals

Maryland physical therapy practice treating orthopedic, TMJ, and chronic pain

On NextCompany since September 3, 2026 (42 days)

MD areaEstablished 1990
Financial summary
Asking price
$1,650,000
Gross revenue
$662,850
Cash flow (SDE)
$426,897

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Business overview

This Maryland physical therapy practice treats orthopedic, spine, TMJ, lymphedema, vertigo, and chronic pain patients. The business has operated since 1990. Contracts with state correctional facilities in Hagerstown and Cumberland support referrals. The practice participates with most major insurers in Maryland, Pennsylvania, and West Virginia. The clinic occupies 3,000 square feet of a 10,000 square foot building the owner holds separately. Asking price is $1,650,000 on $662,850 of gross revenue. Cash flow is $426,897. The owner plans to retire at the end of 2026.

Who is a good fit for this business

  • Owner-operators with physical therapy or orthopedic experience who will run this Maryland clinic.
  • Buyers who can work a Medicare-majority payer mix across Maryland, Pennsylvania, and West Virginia.
  • Buyers who can use a limited mentoring period as the owner retires at the end of 2026.
  • Buyers ready to work with experienced administrative and clinical staff already in the clinic.

Details

Reason for selling
Owner anticipates retiring at the end of 2026
Real estate
Owned, available separately

Frequently Asked Questions

This listing is a physical therapy practice in Maryland. The clinic treats orthopedic, spine, TMJ, lymphedema, vertigo, and chronic pain patients. The business has operated since 1990 as an independent S-Corp.

The owner holds the office building separately through an LLC. The practice occupies 3,000 square feet of a 10,000 square foot building. Tenants occupy 90% of that building. Drivers find parking beside a major highway at a handicapped-accessible clinic.

The asking price is $1,650,000. Gross revenue is $662,850. Cash flow is $426,897. The listing does not include seller financing.

The owner anticipates retiring at the end of 2026. The owner can remain for a limited time as a mentor or consultant. Experienced administrative and clinical staff support daily operations.

The clinic holds off-site contracts with state correctional facilities in Hagerstown and Cumberland. Those contracts add referral volume beyond the clinic floor. Medicare beneficiaries make up the majority of patients.

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