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Listed by:

Cincinnati Business Brokers

30+ Year Speech Pathology Practice For Sale

Cincinnati, Ohio, US
Asking Price:
$295,000 Furniture / Fixtures included
Sales Revenue:
$555,000
Cash Flow:
$127,000

The retirement aged owner of this 30+ year business provides a full range of diagnostic and therapeutic services for individuals with communication disorders and language – based learning problems. In addition to speech pathology the business also provides orofacial myofunctional services. Through accurate diagnosis and early intervention, the staff helps children and adults realize their full potential as communicators by improving speaking, articulating, learning, and other language skills.

The business is offered as an asset sale, free and clear of debt. The owner will train in all aspects of the business and will be available to ensure a smooth transition. Other highlights include:

SBA loan qualified
Uses medical billing software
Long term relationships with many private schools
Over 80 years of staff experience with this practice
Clean books and records – all numbers are verifiable
Much growth potential – mostly word of mouth advertising

Property Information

Real Estate:

Lease

Premises Details:

The offices are located in very nice areas of Cincinnati. They are attractively decorated and very comfortable for all of their clients.

Business Operation

Expansion Potential:

For the most part, the company’s growth and success has come from referrals from current and past clients. Growth could be achieved by spending money on advertising / marketing, in addition to adding to the list of school contracts.

Competition / Market:

There is competition, but this practice has succeeded because of the quality of their speech pathologists and the excellent reputation of the company for over 30 years.

Reasons for selling:

The seller is of retirement age and would like to fully retire after a successful transition to a buyer.

Trading hours:

Monday - Friday

Employees:
9
Years established:
30

Other Information

Support & training:

The owner will train in all aspects of the business and will be available to ensure a smooth transition.

Financing available:

SBA loan eligible

Furniture / Fixtures value:
$5,000 - included in the asking price