Husband-and-wife duo stretch into ownership role at local physical therapy center - RichmondBizSense

Jack Jacobs December 6, 2022 0

Janie Schneider has gone from worker to proprietor astatine a long-running carnal therapy session adjacent Innsbrook.

Schneider and her husband, Vinny, precocious bought the Center for Physical Therapy and Sports Medicine astatine 3920 Springfield Road from Tourage Rafeei, who founded the session much than 20 years ago.

Terms of the woody weren’t disclosed but included some the signifier and its building. The existent property changed hands for $950,000, per Henrico’s online spot records.

Both Schneiders are carnal therapists and Janie worked astatine the session for six years anterior to the deal. Vinny joined the clinic’s attraction squad erstwhile they bought the signifier and had worked successful the Tri-Cities country beforehand.

Rafeei is helping with the transition, and erstwhile helium leaves the session the Schneiders program to question different carnal therapist to regenerate him.

Not included successful the woody was the South Richmond outpost of the Center for Physical Therapy and Sports Medicine, astatine 1011 Hioaks Road, Suite A. Rafeei said helium sold his involvement successful that session successful March to Andrew Osowski, who had been an worker of that determination and present co-owns that session with Rafeei’s erstwhile concern spouse Richard Linkonis.

Rafeei, 64, said helium sold the clinics arsenic helium prepares to discontinue and relocate to California, wherever helium plans to unbend a spot and perchance go a researcher successful his field.

“It was clip for maine to gradually retire. I cognize for immoderate radical it’s early, but I person different plans,” helium said.

He said helium floated the thought of a modulation to Janie a mates years ago, but negotiations lone began successful earnest respective months earlier the woody was inked successful mid-October.

“She knew the ins and outs of the practice, truthful it was a cleanable fit,” Rafeei said.

He said helium wanted to merchantability to locals to support a community-oriented spirit astatine the practice.

“I worked precise hard for the practices, they were similar my babies. I enjoyed moving with the patients and moving successful the community,” helium said. “I didn’t privation to merchantability that to a firm buyer, adjacent if I was paid more. I decided to support it independent.”

Rafeei founded the signifier successful 2000 with a occidental Henrico outpost adjacent Regency that moved to the existent Springfield Road determination astir 2 years later. He opened the Richmond session successful a downtown spot successful 2004, and that session relocated to its existent determination respective years aft it archetypal opened.

Including the Schneiders, the Henrico session has a 10-person squad moving from its 4,600-square-foot office, which has 15 attraction tables.

Janie said they program up to $100,000 successful renovations, which is expected to see caller equipment, flooring and different improvements. The Schneiders financed the acquisition done a indebtedness from Truist Bank.

The caller owners besides program to grow the clinic’s prenatal and postpartum services, a benignant of attraction they consciousness is underserved successful the region.

Also connected the drafting committee is simply a tendency to turn the concern with different location.

“We decidedly privation to look for a 2nd clinic, whether opening a caller abstraction oregon purchasing an existing one,” Janie said.

The Henrico session changes hands arsenic new-to-market concatenation Cora Physical Therapy opens a section outpost successful Chesterfield. Earlier this year, RVA Physical Therapy opened a 2nd determination successful Midlothian.