Owning a business gives you time freedom, but are you one of the owners who are thinking of selling your own practice? Who are you going to sell it to? Should you talk to multiple buyers and get offers? How will you sell your practice at its maximum value and fair market rate? Do you need a broker or not to sell your business? Or have you sold your practice but don’t want to start from scratch and do franchise opportunities?

This week's Dave Kittle Show episode, Dave Kittle will be joined by Michael Gorman. Dr. Michael Gorman, Founder of iMove PT, is a physical therapist, private practice owner, and entrepreneur. He started St Louis Physical Therapy in 2002 and grew it to 7 locations. After 15 years, Michael sold his 7 clinics to a national healthcare company. He continued treating patients in the practice for another 2 and a half years before leaving completely. Michael attempted to acquire Dean Volk’s 2 clinic location practice (Volk PT), however, the Covid pandemic destroyed that potential deal. So, instead he started the iMovePT franchise to provide patients with a one on one treatment experience. You can connect with Michael Gorman at iMove PT to learn more about franchise opportunities at https://imovephysicaltherapy.com

We will touch on such topics as:

  • Can a practice owner that has one or two locations and at least a million in revenue get 7x EBITDA?
  • Sometimes, when you are the owner of your practice, you forget what it is like to be an employee.
  • What kind of practice do you want to have where you are going to make the most money that you possibly can?
  • You have an opportunity to share what you have learned and give others an opportunity to be self-employed that can truly create something for themselves and their family.
  • Who would be a good fit for getting franchise opportunities?

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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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