Mental Health Center - Two Profitable Suffolk County Locations

Suffolk County, NY

Seller Financing Available
Mental Health Center - Two Profitable Suffolk County Locations

Asking Price:$480,000

Cash Flow:$163,000

Gross Revenue:$579,000

EBITDA:N/A

FF&E:$20,000

Inventory:N/A

Established:9

Mental Health Center - Two Profitable Suffolk County Locations

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Business Description

This mental health center has 2 Suffolk County locations and is fully staffed with 20+ contract therapists and clinical social workers (3 bilingual) treating depression, anxiety, domestic violence, bipolar disorder, young children, marriage, family and more. Extremely well established for over 9 years and is highly profitable. In network with many of the major insurance companies, including Fidelis and United Healthcare. Referrals from surrounding hospitals, CPS, attorneys and many others. Seller is retiring and will stay for longer than usual transition period and will work for and/or consult thereafter.

Attached Documents


Detailed Information

Employees:
20
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Leased offices with good landlords
Growth & Expansion:
Perfect opportunity to add a psychiatrist to the staff to increase revenue. No Medicaid now, but could be added by securing a NYS license.
Financing:
300k down
Reason for Selling:
Retiring

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Craig Ruotolo

Business Listed By:
Craig Ruotolo

Alliance Business Ventures LLC

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