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The Dave Kittle Show

Owner Sold 3 Physical Therapy Clinics to Golden Bear (2 Year Transition) with Mike Studer

Ep. 85
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Are you a business-owner who is ready to retire, but wants to make sure that your clinic is in good hands? How can you make a smooth transition from being the owner-operator of a physical therapy clinic into someone who can focus on other things? 


This week's The Dave Kittle Show episode, Dave Kittle will be joined by Mike Studer. Mike received his physical therapy degree from the University of Missouri-Columbia in 1991. He received his postprofessional MHS degree in physical therapy with neurologic emphasis from the University of Indianapolis. He has been board certified as a clinical specialist in neurologic physical therapy since 1995 and has been designated a certified exercise expert in the aging adult (CEEAA) by the Academy of Geriatric Physical Therapy since 2011. Mike has served as the vice president of the Academy of Neurologic Physical Therapy of the American Physical Therapy Association (APTA) and has been the chair and vice-chair of several special interest groups at the national level in each of the Academies of Neurologic and Geriatric Physical Therapy, including balance and falls, stroke, and the practice committee in neurology. 


You can learn more about Mike here: www.mikestuder.com


We will touch on such topics as:

  • What does it take to successfully run three physical therapy clinics that earn 1.5 million in revenue? How does your location and the programs that you’ve offered have an edge to potentially grow your business? 
  • How will you consider selling and exiting your business that earns millions? 
  • Is it possible to sell 3 Physical Therapy Clinics during the pandemic? How much money are they worth and what will your transition be like? 
  • What are the financial advantages and disadvantages you need to consider when looking for a buyer? 
  • How will you negotiate your offer during the exit phase of your clinic? How will you help with the transition and explain the potential changes to your employees? 
  • What should practice owners look for when exiting or selling, in regards to the legal team? 
  • You have to be watchful with the potential broker that you align yourself with.


P.S. Subscribe, rate, and review Here


And, if you like what you hear from the host, Dave Kittle, then it's possible that he and his team, The Fieldmaker Group, may be interested in acquiring some or all of your physical therapy practice.


Connect with him on:


Email: Dave@Conciergepainrelief.com

Instagram: @davekittle

LinkedIn: https://www.linkedin.com/in/davekittle/

or

Call (646)-781-8884

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