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- RE: Psychology Clinic With Diverse Service Offerings
- Contact: Joe Coculo
Quick Facts
Asking Price: | $900,000 | |
Annual Revenue: | $1,800,097 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $210,446 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 953653 | |
Broker Reference #: | Not Disclosed |
Business Overview:
The company is a well-established multi-specialty mental health practice with nearly 40 years of experience and has grown to become a leading mental health practice in the region.
It offers comprehensive clinical services, including psychotherapy, psychological and neuropsychological testing, biofeedback, psychiatric prescribing, and transcranial magnetic stimulation (TMS).
Key Strengths and Differentiators:
- Large Volume and Waitlist: The company has a substantial patient base and a long waitlist, indicating strong demand for their services.
- Multi-Specialty Approach: Their team includes prescribers, psychometricians, psychologists, and TMS specialists, providing a comprehensive approach to mental health care.
- Established Partnerships: They have contracts with five school systems, the Division of Vocational Rehabilitation, and Hackensack-Meridian, solidifying their reputation and reach.
- Training and Development: The company employs and trains students, investing in future talent and contributing to the mental health field.
- Virtual Services: Their large virtual practice expands their accessibility and reach.
- Experienced Staff: The support staff has an average of 10 years of experience, ensuring efficient operations and high-quality patient care.
- Psychological Testing Niche: The clinic has a strong focus on psychological testing, including autism evaluations, serving a specific market need.
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Market Competition and Expansion:
- Increased Patient Volume: Hiring more therapists could significantly increase the number of patients seen.
- TMS Restart: The company is in the process of restarting its TMS services, which could attract additional patients seeking this specialized treatment.
- Virtual Psychotherapy: Expanding their virtual psychotherapy offerings could further enhance accessibility and reach.
Reason for Selling:
RetirmentAdditional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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