Physical Therapy Clinic Feasibility Study in the Charlotte-Concord-Gastonia, NC-SC Metro Area

Charlotte therapy clinics: fourteenth of 39 classes

In SBA's Charlotte-Concord-Gastonia, NC-SC file, physical therapy clinics rank 14th among 39 classes, and the area stands 26th of 406 for the class. SBA's file for Charlotte adds up to 29 loans and $12.1 million across FY2017 to FY2026. Two ratios frame the class: 1.13x for location quotient and 1.67x for median loan against its national counterpart ($250,000). From $121,500 to $679,000 is where the middle half of Charlotte loans fall. Clinic loans here are somewhat more common than nationally and clearly larger than the national middle.

Mecklenburg County in North Carolina holds 12 of the 29 loans and York County in South Carolina 5. 7(a) against 504 for Charlotte: not printed. For Charlotte, the franchise share is not printed. Since no holder has 5 of the Charlotte loans, none is listed.

No year-by-year series

Charlotte's therapy file has no printable year, because each year falls beneath the display floor. That does not mean any year was zero. No printed cancellation or charge-off rate for Charlotte. Because no individual year can be printed, the page rests entirely on its totals and ratios. That is enough to place the class, but not to say whether lending has risen or fallen, and a study should not imply otherwise.

Mecklenburg County holds 12 of the 29 loans, which leaves the rest spread across other counties, most of them below the line for a printed tally. A borrower outside Mecklenburg should therefore not assume the record lacks precedent for its own county. At the same time, the 5 loans in York County show that the South Carolina side of the area has activity of its own, and a study for a South Carolina site should say which state's licensing and rules it relies on.

Sizing a Charlotte-area clinic

Treatment rooms and staffing set the ceiling on visits, what each visit earns turns on payer mix, and the referral base decides whether the schedule fills. Budget the build-out against the $250,000 median, show the ramp to the visit level the debt needs, and remember that the lease is a fixed obligation the study must carry. At 1.67x the national median, a lender will want the budget line by line, and the study should lay it out so that the request is sized against evidence and not against an area average.