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Counseling Practice, well established, profitable

Woodinville, Washington (King County)

Services - Health, Medical & Dental | Services - Other Personal Services

Asking Price $125,000 Inventory $500* 
Gross Income $200,000 Real Estate  
Cash Flow $188,000 Year Established 1979
FF&E $1500* Employees N/A

* included in the asking price

** not included in the asking price

Price lowered $100k! This is a very profitable and well established (28 years!), counseling practice. This Company has found the perfect "niche" to make it an extremely profitable practice in upscale and expanding Woodinville. The city is fast growing and affluent. There is a huge new fabulous development going in nearby in the valley between Redmond and Woodinville. Called the Wine Village it is comprised of shops, businesses, wineries and condos. Woodinville is a fast-growing high-end and upscale community. There is a huge opportunity to expand this business by working more hours. Current owner only works 25 hours/week on avg. The current owner has done very little advertising or promotion and has relied heavily on word of mouth and phone book listings. The business has a great website (www.woodinvillecounseling.com) and presence in the community with some free advertising in two local doctors offices. This could be expanded. Woodinville counseling is a high quality, high service business with a great reputation, just looking for the right person to take it to the next level. You ll need to be a licensed mental health practitioner/counselor (LMHC). This requires an MA/MS and passing the state s test, unless you are licensed in another state. Owner is setup with most major insurance companies and bills $150/hour.

Facilities: Located in high traffic leased office building for $395/month. Total Expenses are minimal at $500/month.

Competition: This is the oldest counseling practice in the city: est. 1979.

Growth/Expansion: There is a huge opportunity to expand this business by working more hours. Current owner only works 25 hours/week on avg. Also with increased advertising. The current owner has done very little advertising or promotion and has relied heavily on word of mouth.

Financing: Cash or Bank financing

Support/Training: Owner would like to retire but if the Buyer wants the Seller to stay on longer the Seller is willing to consider a "short" term consulting contract.

Reason Selling: Owner is retiring.

Business listed by

Robb Kelly

206-427-0898


KI Business Brokers


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