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Psych Testing Private Practice With Government Contracts
Location: United States -> Virginia -> Fairfax
Industry: Health and Medical > Medical Practices




Business Summary

DHA-USA, founded in 2011, is an established psychological testing and assessment private practice just outside of Washington D.C. in Fairfax, VA.

The business has established, fully funded, multi-year contracts good through 2022, serving the Veteran's Administration, Department of Defense, military contracting companies, and Law Enforcement agencies doing disability and pre-employment evaluations.

The business also has a long-standing relationship with the court system (Fairfax, State of Virginia) for mental status and NGRI evaluations.

In addition, there are a substantial number of private client referrals for psychological, psychoeducational, ADHD, IQ, and Forensic testing.

The business is perfect for one or more Clinical Psychologists who want to buy a turn-key, established, and very profitable practice.

Included in the sale are all psych testing kits, existing website with top ranking organic SEO presence and click to call rate, an existing set of ongoing running advertisements (psychology today etc.), and a very high word of mouth referral rate.

The business also has an A+ rating with the BBB and has won multiple awards for best psychological testing and evaluation services in NoVa region.

The current office space has room enough for multiple practitioners. This is an ideal set up for partners who wanted to provide counseling and testing at the same location.

Financing is available. No money down options available. The business is Completly DEBT FREE and currently, with only one practitioner, it is running at $250,000 ''net'' per year income after all the business expenses are paid. A third party valuation of the practice is $1,000,000 plus. However, the owner is offering a direct peer to peer sale (no broker involvement) for $600,000 until Jan. 20th 2018. If no qualified offers are made by that date then the sale process will be turned over to broker and the sale price will increase.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $590,000
Cash Flow:   $290,000
Cash Flow Type:  EBITDA
Inventory:  $35,000
Seller Financing:  Yes

About The Business

Year Established:  2011
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Time limited transition support / consulting by current owner.
Reason For Selling:  Owner wishes to pursue less all-consuming career options due to young children & a growing family.




Print Listing Id: 700308424
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Also See: Franchise Opportunities > Franchise Resales > Virginia Businesses For Sale > Virginia Franchises For Sale > Virginia Business Brokers



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