Psychotherapy Center For Sale

Queens, NY (Queens County)

Seller Financing Available
Psychotherapy Center For Sale

Asking Price:$1,760,000

Cash Flow:$366,084

Gross Revenue:$1,536,265

EBITDA:N/A

FF&E:$55,000

Inventory:N/A

Established:2008

Psychotherapy Center For Sale

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Business Description

Highly Profitable Practice With Great Growth Opportunity

This well known practice is a managed care provider of psychotherapy and counseling services in an outpatient setting. It is a well run community based private practice with three convenient locations. The business has experienced steady growth since the practice began operations in 2008. And the growth potential for the future is significant because of the strong demand for these services in the New York City area.

Detailed Information

Employees:
43
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business as currently structured consists of facilities in three New York City locations. All three facilities are located in residential apartment buildings that offer professional office space. All have desirable leases with 5 year renewal clauses.
Competition:
Competition is not a major consideration because the demand for managed care psychotherapy and counseling services in New York City is greater than the ability of the current professional practices to meet it. And because of the high caliber and established reputation of this practice it is regularly a beneficiary of unsolicited new referrals.
Growth & Expansion:
The ever constant need for these services provides a continual opportunity for growth. And the success and solid reputation of this particular practice has not gone unnoticed because the owner has been approached by community leaders from various New York City neighborhoods asking him to open additional facilities in their respective communities. And, most importantly, this practice has enjoyed significant growth in 2016. Based on the P&L of June 30, 2016, it is currently on target to bring in total revenue of $1,800,000 to $1,900,000 in 2016.
Support & Training:
Seller will provide training and support to the new owner as needed in order to assure an orderly transition. Terms to be negotiated.
Reason for Selling:
Owner is relocating

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Tony Torella

Business Listed By:
Tony Torella

Excelsior Business Group LLC

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Memberships & Certifications:
Indicates membership in The New York Association of Business Brokers (NYABB).

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