Established Outpatient Mental Health Clinic - SOLD

Business Overview:

Available for acquisition is a unique opportunity to own a long-established Comprehensive Outpatient Mental Health clinic with deep roots and wonderful reputation in the community. The clinic specializing in both, individual and couple/family therapy including children and adolescents.

Experienced staff consists of 13 therapists seeing patients both in person and via telehealth, and 1 full time office manager, who takes care of all office administrative duties and customer service. Patients come from direct referrals to personnel as well as agency referrals from various sources averaging 20 new patients each month. Billing is currently outsourced.

The clinic is on all major insurance and most small area panels. The billing mix is approximately 70% insurance and 30% private pay. With a stable clinical team and an outstanding reputation for several decades in the community, this clinic could thrive with the energy of a new owner.

This business would be a natural fit for existing psychiatric or mental health practice or any professional in the field interested in their own practice. More information is available with signed NDA and proof of financial capabilities.

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Property Features and Assets:

The beautifully set up office is located in the desirable part of Oakland County and operates out of leased space consisting of 1,750 sq ft main offices including lobby, receptionist area, restroom, kitchen and 8 offices. Additionally, there is an add-on suite that includes 3 more offices, conference room and a small restroom. The lease has 3 years left and expires in March of 2024. Great local traffic with ample parking available.

Market Competition and Expansion:

The business has been continuously demonstrating the highest quality in the field. Superb reputation and established name in the community allow the company to depend on their agency referral base. The revenues could be increased by contracting additional professional staff. Participating in additional networking, further community engagement and fresh marketing efforts are all great ways to increase revenues. The owner currently does not have any formal marketing strategy, but would be happy to share several ideas that worked well in the past.

Reason for Selling:

Selling due to family commitments.

Additional Details:

Documents:

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