Physical Therapy Clinic Feasibility Study in the San Francisco-Oakland-Fremont, CA Metro Area

Bay Area therapy clinics borrow big

The standout figure for rehabilitation and therapy clinics in the San Francisco-Oakland-Fremont, CA Metro Area is the median loan: $485,900, which is 3.24x the nationwide median for these clinics. Everything else is more ordinary. Locally the class lands at 18 of 39, the area is 20 of 406 for clinics, and a 0.74x location quotient puts them below national weight in local lending. FY2017 through FY2026 produced 35 approvals and $20.7 million.

Where the loans sit and how they are structured

A span from $105,000 to $905,250 holds the middle half of loans, with a long upper reach. Program counts: 28 under 7(a), 7 under 504. Alameda County carries 12 of the loans, Contra Costa County 9 and San Mateo County 8. Four recent years print: FY2023 recorded no approvals ($0), FY2024 recorded 6 loans and $6.8 million, FY2025 recorded 7 loans and $2.3 million, and FY2026 recorded 5 loans and $1.8 million. The earlier years, FY2017 to FY2022, stay hidden. JPMorgan Chase Bank, National Association appears in the holder data with 5 loans, $2.0 million, a custody fact.

Gaps, and what a gap means

Three items are missing from the page: franchise share, the cancellation floor and the charge-off floor. An early cohort this small cannot support a Loan Analytics rate, and the franchise count sits on too few loans to show. None of these blanks implies a zero. Because the area stretches across several counties, a clinic in one county should not borrow another county's loan counts as its evidence.

Study points for a Bay Area clinic

That median is a reason to look hard at the cost side. A study should price tenant improvements and equipment against the lease, test whether the rent is carried by realistic visits per therapist, and map referral sources and competing clinics within the site's reach. Payer mix and reimbursement per visit decide revenue, while therapist hiring and pay set the pace of growth. A lender will test payment coverage on conservative visit counts, and a request near or above $485,900 needs support for why the site justifies it. A leased clinic leaves little real estate to appraise, so the business plan carries the case.