Growing Behavioral Health Practice with Multiple Locations For Sale
Boston MetroWest Area
Listing Number: 1634
Asking Price: $650,000
Gross Revenue: $1,200,000
Cash Flow: $220,000
A well-respected and successful behavioral health practice with experienced clinicians is available for sale. The practice offers outpatient counseling and medication services to individual, couple, family and group therapy clients in multiple communities around MetroWest Boston.
This business is run semi-absentee and has a strong staff in place. A buyer does NOT need to be a licensed therapist to purchase and run this company. The current owner does NOT see patients (does not generate revenue). The current owner is available for a transition period to help ensure continued success of the practice.
Health insurance is accepted so an industry buyer would have the option to pursue an asset sale whereas an individual buyer entering the industry may require a stock sale. Both types of offers will be entertained.
The recent opening of a new location presents a growth opportunity that has just started to show in the 2019 financials.
The practice has several avenues for continued growth: adding more therapists, expanding into the available additional office space, adding new insurance providers to those currently accepted and establishing a virtual platform.
- Semi-absentee Owner
- Buyer does NOT need to be a licensed therapist
- Strong staff in place
- High demand from new clients; no marketing efforts
- Fantastic acquisition for an industry buyer