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- RE: Profitable West Coast Mental Health Practice
- Contact: Mike Richards
- License #: S.0197495
Quick Facts
| Asking Price: | $4,100,000 | |
| Annual Revenue: | $2,686,038 | |
| Net Profit: | $1,456,164 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $15,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2011 | |
| Employees: | 21 | |
| BBN Listing #: | 951430 | |
| Broker Reference #: | 101-23463 |
Business Overview:
SBA PRE- APPROVED! A highly reputable and profitable mental health practice is now available for acquisition. This practice has established itself as a leader in providing comprehensive mental health services to a diverse clientele, including individual therapy, group therapy, family counseling, and specialized treatment programs. With consistent financial performance (On pace for +20% Growth over 2023) and impressive revenue metrics, this business ensures easy accessibility for clients and a steady flow of new referrals. The practice is known for delivering high-quality care, supported by numerous positive reviews and strong referral relationships. The practice utilizes evidence-based treatment methods and stays current with industry advancements. The current owner is willing to provide a smooth transition period to ensure continuity of care and operations. The buyer can continue using the practice's NPI and Medicaid number to maintain contracts with major insurance providers. For certain insurance plans, billing under the Clinical Supervisor as Incident Billing is required for all associated employees, and direct credentialing for licensed employees using the practice's NPI and TAX ID. The Clinical Director has expressed happiness and a long-term commitment to staying with the practice under new ownership. The practice manages an average of 1,400 patient visits per month and is covered under multiple insurance plans with several contract agreements for client referrals. It also holds a State Certificate of Approval, allowing it to host master level interns who contribute to revenue generation and provider retention. Recognized as a Culturally Linguistic Specific program by the State, the practice benefits from higher billing rates. For more information and to discuss this confidential listing in detail, please contact the listing agents. Please note that the lease agreement will be managed directly between the buyer and the landlord, and is not handled by First Choice Business Brokers. For a quick response to your inquiry, please contact listing agent Mounir Bousaid (RE# S.0178371; Business Broker Permit# BUSB.0006910) & Mike Richards (RE# S.0197495; Business Broker Permit# BUSB#0007145). Please use reply to this ad button to contact us.
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Property Features and Assets:
This is a leased location of 5,359 square feet with a Total monthly rent of $8,395. Lease ends 10/2029. Seller is active with 9 Full Time, 9 Part Time, & 3 Contract employees. Hours of operation are 9 AM – 7 PM, Monday - Friday. $15,000 in FF&E included in the asking price. No special license required.
Reason for Selling:
RelocationAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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