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Successful Private Practice Looking To Sell
Location: United States -> Connecticut -> Fairfield County
Industry: Health and Medical > Other Health and Medical

Business Summary

Asking 1.5M

Successful private therapy practice located in downtown Milford, CT, looking to sell. Serving children and adult populations with mental health, mood, co-occurring, and substance abuse/addiction issues. Offers individual, couples, family, and group therapy. Offering in-office and telehealth services. Serves approx. 175 clients per week. All therapists in the group are independently contracted and work under their own licensure and liability insurance. Therapists consist of LADC, LPC, LCSW, and PhD. We are credentialed with Medicaid, UHC, Anthem, BCBS, Aetna and Cigna. We offer a sliding scale to clients OON or without insurance. Low overhead and fixed costs. Referrals based on reputation of practice, website, and other agencies. We have a collaborative care referral process with Yale as a step-down program form those discharging. We also have a collaborative care referral process with DepressionMD (TMS, Spravato, Ketamine treatments). Growth rate in 2020 of 22%. Gross income>700k in the last year. Single owed LLC. Owner willing to contribute/stay on during transition period. Please call 203-584-4575 to make an offer.


Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $730,000
Cash Flow:   $320,000
Cash Flow Type:  EBITDA
Seller Financing:  No

About The Business

Year Established:  2018
Number of Employees:  10 - 19
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Reason For Selling:  growing exponentially

Print Listing Id: 700354945
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