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Behavioral Health Practice For Sale
Location: United States -> New Jersey -> South Jersey
Industry: Health and Medical > Medical Practices




Business Summary

Highly lucrative, well-established private practice with an excellent reputation for sale, with a mix of commercial insurance and self pay patients. Practice has 8 part time psychiatrists and 8 licensed therapists and gross over $1.5 million in revenues a year. Recently started TMS, and have contracts with insurance to cover it, so there is a big potential there. Open 6 days a week with over 15000 out patient visits/year. We do not market or advertise but thrive on having established a reputation in the community.

The practice is located in South NJ and approx 20% of the practice is children. There is a big need for Child Psychiatrists in the area. Plenty of room to still expand as we are turning away many referrals each day. Current owners have other commitments. A new owner could make changes in the administrative structure and get substantial savings through operational efficiencies. The current owners (three Psychiatrists) are willing to stay on as independent contractors.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $1,500,000
Cash Flow:   $75,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  2009
Number of Employees:  10 - 19
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  Yes, willing to stay on
Reason For Selling:  Other commitments




Print Listing Id: 700288141
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Also See: Franchise Opportunities > Franchise Resales > New Jersey Businesses For Sale > New Jersey Franchises For Sale > New Jersey Business Brokers



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