Seventeen years established Comprehensive Outpatient Rehabilitation Facility that does business as a physical therapy center and a home healthcare staffing business in south florida. Business has been rapidly growing in last several years due to the company's outstanding reputation and brand name in the healthcare community. Staffing part of the company is about 90% of total sales. Company employs, schedules, and administers about 80 physical, occupational, and speech therapists/assistants as independent contractors to do evals and treatments as sub-contractors for home healthcare companies. Net margin is about 30% for this business. Patients are given excellent care and company is relentless in its on-time scheduling and quality of treatment notes and documents it gives the end customer. Staffing side of the business operates as a CORF which gives it a major competitive advantage because it is licensed to do the widest range of home health therapy. New owner also has the ability as a CORF to expand the business by performing healthcare staffing for ALF's, skilled nursing facilities, and on-site therapy for physician offices. For its staffing services, company only bills the home health care company, not medicare or any other insurance carrier, and gets paid within a 15-30 day cycle. Company just opening another branch office in another county within south florida, and sales are expected to increase significantly as a result. Company's 1,600 sq ft PT clinic operates as a CORF and has around 40 patients; insurance mix is 60% workers comp, 30% medicare, and 10% other insurances (including in-network HMOs). Billing is does in-house except for medicare patients. Company also sees a few of its own patients from the PT facility in the home. Therapists that are used on the staffing side of the business also staffs the company's PT clinic.Owner is relatively absentee and wanting to sell for family reasons. Seller states annual sales to be $2,297,041 and annual net income to be $630,329. Asking price of $2.25M. Please contact Martin Berliant at 561-827-1181 or email for more information. Nondisclosure agreement is required.