UNDER AGREEMENT-Well-Known and Respected Behavioral Health Practice

Norfolk County, MA

UNDER AGREEMENT-Well-Known and Respected Behavioral Health Practice
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Asking Price: Get Financing: $540,000

Cash Flow: $185,000

Gross Revenue: $900,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Lease Rate: N/A /SF

Established: 2009

UNDER AGREEMENT-Well-Known and Respected Behavioral Health Practice

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Business Description

**UNDER AGREEMENT** This private practice specializes in relationship issues including marital and family relationships, as well as personal health and wellness. This practice is the largest group of affiliated behavioral health providers in their area, with roughly 750 patients, and insurance providers and physician practices prefer to make referrals to large groups over independent providers. This business has been highly successful, with yearly sales of more than $900,000 and Seller Income of $185,000.

If the acquirer is another healthcare provider or facility, there are significant synergies to be realized. Existing office staff could take on current daily activities eliminating the current office staff salaries. This business would be a natural fit for an existing psychiatry practice, or general primary care healthcare practice. However, an owner does not have to be a therapist themselves and can take over running the general operations of the business.
According to IBISWorld, Over the five years to 2017, industry revenue is anticipated to increase at an annualized rate of 2.8% to $6.9 billion, including 1.3% growth in 2017. More patients have visited behavioral therapists to address numerous ailments, including anxiety, substance abuse and personality disorders. Profit is expected to increase slightly from 9.0% of industry revenue in 2012 to 9.9% in 2017.

Attached Documents


Detailed Information

Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
2 PT / 10 IC
Financing:
This business should qualify for an SBA loan with a 10-20% down payment.
Support & Training:
Will be available
Reason for Selling:
To concentrate on other opportunities
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(from currently available funds)
 
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Sarah Grossman

Business Listed By:
Sarah Grossman

BayState Business Brokers

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Sponsoring Broker:
Marc Gudema, CBI


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