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Target List
Physical Therapy by State

1,217+ Physical Therapy Practices for sale in IndianaOff-market acquisition targets

1,217+ acquisition-ready physical therapy practices mapped in Indiana.

Who this page is for. Buyers sourcing off-market physical therapy practices in Indiana.

Companies
1,217+

Updated Jun 6, 2026. See your match on a free live map.

1,217+
Companies
Free
For buyers
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What we hold on physical therapy in Indiana

This is a call list you can work this week.

43% of the companies we hold here carry a named owner AND a way to reach them on the same record. That is the number that matters, not the 64% who are merely named. Owner email is not the channel in this vertical; the phone is, and it is the practice's listed line rather than a personal mobile.

Measured64% named owner · 63% listed phone · 19% owner mailing address

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Physical Therapy data sources

Indiana physical therapy practice businesses are sourced from OpenStreetMap records, SBA loan registry data, and state business license filings where available. Each of the 1,217 mapped companies is scored using years in operation where known, customer review signals, and estimated revenue to produce the Acquisition Fit Score used to rank targets. Request the map, then book a 30-minute target review to rank the top 10, decide who deserves verified contacts first, and tighten owner outreach.

Indiana's physical therapy market presents a compelling acquisition landscape, with 1,217+ mapped PT businesses operating across the state. The Midwest's strong healthcare infrastructure and aging population demographics support consistent demand for rehabilitation services. Indiana's business-friendly regulatory environment and relatively lower operating costs compared to coastal markets make the state attractive for both independent practitioners and multi-location operators seeking geographic expansion. The state's economy, anchored by manufacturing and logistics hubs, generates a steady patient base requiring occupational and sports rehabilitation services. This extended ownership period indicates mature, cash-flowing operations with established patient relationships and operational systems, making them attractive acquisition targets for larger healthcare platforms and consolidators.

Ownership intelligence
67%
Owner-operators named

Serava has matched a registered owner-operator (the named decision-maker behind the business) to 815 of 1,217 physical therapy practices in Indiana. Sourced from public business registries and provider directories, cross-referenced and deduplicated against operating businesses. The named owners and their contact signals unlock inside your deal map.

Indiana has 1,217 mapped physical therapy practice targets distributed across multiple markets, including New Haven, Fort Wayne, Fishers, Rockport, Muncie.

Top 6 Indiana physical therapy practice targets

Contact info locked

INTEGRITY P...

New Haven, Indiana$3M to $4.5M est. revenue
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INTEGRITY P...

Fort Wayne, Indiana$3M to $4.5M est. revenue
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THERACARE I...

Fishers, Indiana$1.2M to $1.9M est. revenue
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STEPPIN U...

Fort Wayne, Indiana$1.4M to $2M est. revenue
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PROREHAB I...

Rockport, Indiana$3.1M to $4.7M est. revenue
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CENTRAL I...

Muncie, Indiana$1M to $1.5M est. revenue
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Unlock all 1,217 physical therapy practices

Ranked target map, available contact signals, websites, fit-score rationale, shortlist export, and outreach angles. Free for qualified buyers.

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Frequently Asked Questions

How many physical therapy practices are for sale in Indiana?

Serava.AI has mapped 1,217 acquisition-ready physical therapy practices in Indiana. The primary market is Westfield with 76 mapped companies. These are active, operating businesses with a minimum of 5 years in business, scored for owner exit readiness and financial profile. Not all are actively listed for sale: the majority are off-market targets that have not yet engaged a broker.

What is the typical revenue of a physical therapy practice in Indiana?

Revenue for physical therapy practices in Indiana varies by size, but most SMB-scale targets in our database fall in the $1M to $15M annual revenue range. Serava.AI provides revenue estimates benchmarked from payroll data, OSM business data, and SBA loan records.

What should I look for when buying a physical therapy practice?

Key signals for a high-quality physical therapy practice acquisition include: a long operating history (15+ years in business), stable recurring or repeat revenue, strong online ratings (4.0+ with 20+ reviews), an established local customer base, and a skilled technical workforce. Serava.AI's Acquisition Fit Score (0 to 100) weighs all of these factors and benchmarks each company against your specific buyer criteria.

How do I find off-market physical therapy practices in Indiana?

Many physical therapy practice business acquisitions start with off-market research before an owner runs a brokered process. Serava.AI maps physical therapy practice companies in Indiana using years in business and local market data, then helps qualified buyers prioritize outreach with available contact-signal coverage.

What is the typical asking price for a physical therapy practice in Indiana?

Physical therapy practices in Indiana typically trade at 3x to 6x EBITDA, depending on revenue concentration, customer contracts, and owner dependency. A business with $2M revenue and 12% EBITDA margins ($240k EBITDA) would price between $720k and $1.44M. Businesses with recurring contracts, a long operating history, and clean books command higher multiples.

Which areas in Indiana have physical therapy practices available for acquisition?

Indiana's 1,217 mapped physical therapy practice targets are spread across multiple markets. Active areas in the Serava.AI database include New Haven, Fort Wayne, Fishers, Rockport, Muncie. Because the physical therapy practice market in Indiana is distributed across many smaller cities rather than concentrated in a few metros, buyers searching this state will find targets across a wide geographic range. Serava.AI scores and ranks all targets by acquisition fit regardless of city size.

Top cities for physical therapy practice acquisitions in Indiana

Westfield76 companies

About this data

Serava.AI maps physical therapy practice acquisition targets in Indiana from OpenStreetMap records, Companies House (UK), SBA loan registry data, and state business license filings. The 1,217 mapped companies are each scored 0 to 100 on acquisition fit using years in business, customer review ratings, and estimated revenue. Scores above 80 represent high-priority outreach targets with strong succession signals. Data is refreshed regularly via our automated scraping pipeline.

Top Cities in Indiana

Westfield76

Province Guides

How to buy a physical therapy practiceSearch fund deal sourcing guideOff-market vs listed businesses

Physical Therapy in Other Regions

California479,643Texas156,392Florida142,000New York118,000Illinois86,000Pennsylvania79,000

How this data is sourced

Serava maps 1,217 physical therapy businesses in Indiana from public registries, licensing boards, and owner contact enrichment. We filter out chains, nonprofits, and the inactive records we can detect, but some listings may still be inactive or mis-tagged.

Each is scored 0 to 100 on years in business, succession signals, and contact reachability, so the result is a ranked set of owner-led targets that are not posted on any marketplace.

Built and maintained by Serava, founder Sadra Khorvash. Last updated October 2026.

Other Industries in Indiana

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Physical Therapy acquisition targets in Indiana

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