Visit volume and schedule density
Visits per week, visits per referral, cancellation rates, and therapist productivity are the operating metrics every buyer models first.
El Paso Owner's Guide · Physical Therapy, Rehab & Sports Medicine
Physical therapy is one of the most actively consolidated specialties in healthcare, and platforms are paying well for clinics with steady visit volume, diversified referrals, and therapists who stay. The question is whether your clinic is built to sell — or built around you.
The Local Market
An active population, Fort Bliss, workers' compensation volume, and an aging demographic keep El Paso rehab schedules full. Buyers include regional PT platforms, hospital-affiliated groups, and therapist-owners — and all of them underwrite the same fundamentals.
Visits per week, visits per referral, cancellation rates, and therapist productivity are the operating metrics every buyer models first.
Referrals spread across physicians, orthopedic groups, workers' compensation, and direct access price far better than one surgeon's pipeline.
Commercial, workers' compensation, Medicare, and cash-pay each carry different rates and denial profiles — documented margin by payer is persuasive evidence.
Credentialed therapists who stay, and a clinic director who is not the seller, are what make the earnings transferable rather than personal.
Free Estimator · No Email Required
Move the slider. This uses owner's discretionary earnings (SDE) — net profit plus your compensation, personal expenses run through the clinic, interest, depreciation, and one-time costs. Multi-clinic groups are frequently valued on EBITDA instead, which usually produces a higher multiple.
$180,000 / year
Which of these are true today?
Illustrative Range
Estimated enterprise value
$603,000 – $1,008,000
That’s roughly 3.4× to 5.6× your owner’s earnings, before any real estate you own.
Every box you check is a lever you can still pull before you list. Owners who fix the books and the lease first routinely land at the top of their range instead of the bottom.
Illustration only — not an appraisal or an offer.
Step by Step
Three years of P&Ls and tax returns, reconciled, plus visit volume by month, referral source breakdown, payer mix with margin, therapist productivity and compensation, cancellation and no-show rates, and receivable aging.
Not a broker's opinion, and never a platform's opening number. We commission a certified valuation from an independent NACVA-credentialed appraiser — the caliber of report banks, buyers, the IRS, and courts rely on.
Every visit handled by an employed therapist rather than by you personally is earnings a buyer can finance. Start reducing your caseload well before listing.
Therapist licensure and credentialing, billing documentation and audit exposure, Medicare and workers' compensation compliance, referral relationships and any compensation arrangements, employment agreements and non-competes, lease terms, and unpaid taxes.
No word to your patients, your referring physicians, or your therapists. We market blind on clinical and financial profile to vetted, financially verified buyers under NDA — so you compare offers rather than react to one.
Offers, escrow, quality-of-earnings and compliance review, credentialing transition, therapist retention, earnout and transition structure, and funding. We stay on it through closing.
Costly Mistakes
If the schedule is built around you, the buyer is purchasing your calendar, not a clinic. Building therapist capacity first changes the multiple more than anything else.
A single referring group can redirect your volume with one decision. Diversification is worth more than another year of revenue.
Buyers and lenders review charts against claims. Gaps become clawback exposure, indemnities, and holdbacks against your proceeds.
If you cannot show what each payer actually yields, the buyer will model your worst contract across the whole book.
Therapists are the asset, and they are recruitable. Confidentiality until the right moment protects exactly what the buyer is paying for.
PT consolidators routinely propose earnouts and employment terms alongside the price. The structure often matters more to your outcome than the headline.
Questions Owners Ask
Straight answers, no hedging. If yours isn’t here, call us and ask it directly.
Established clinics commonly trade between roughly 3 and 6 times owner's discretionary earnings, and multi-location groups are often valued on an EBITDA multiple that lands higher. Referral breadth, payer mix, therapist retention, and how much treating you personally do determine where you land. Only a certified independent valuation survives a lender's underwriting.
Ownership and clinical practice rules vary by structure, and buyers range from licensed therapists to platforms with clinical leadership in place. Confirm ownership and supervision requirements with your own healthcare counsel.
Most buyers want a transition, and platform buyers often propose employment for a defined period. The length, your caseload, and your compensation during it are all negotiable — and worth negotiating carefully.
It is among the largest discounts in this category, and it often shows up as an earnout tied to volume you no longer control. Adding referral sources before listing typically returns far more than it costs.
Qualified buyers can access SBA 7(a) financing up to $5 million, and healthcare services are a favored lender category. Clean financials, compliant documentation, and a defensible independent valuation are required. SBA pre-qualification is a preliminary, non-binding lender assessment, not a loan commitment.
Not from us. Your clinic is marketed blind to vetted buyers who sign a non-disclosure agreement before they learn who you are, and referrer communication is planned jointly at the right stage.
Where we work
Whether your physical therapy clinic sits on the east side, downtown, out in the valley, or across the state line in Doña Ana County, the sale process is the same: verified financials, an independent certified valuation, and a confidential, competitive market of qualified buyers. We meet owners at a time and place of their choosing.
Physical Therapy Clinic Owners · Confidential
One confidential conversation with a partner — not a coordinator. We will tell you where your numbers put you today, what would move the multiple, and whether now is your moment.