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Outpatient Mental Health Practice For Sale

Virginia Beach, Virginia, US
Asking Price:
$799,900 Furniture / Fixtures included
Sales Revenue:
$963,396
Cash Flow:
$227,702

This outpatient mental health practice is well established with a great reputation.

They provide medication management and therapy for children and adults.

There are currently over a half dozen providers and full-time support staff in place.

The business takes all major insurance companies and offers in-person at their leased office space or virtual telehealth appointments.

Revenue has been steadily increasing year over year and is on track for another growth year. However, there are still several growth areas for a new owner to expand the business.

Property Information

Real Estate:

Lease

Lease Terms:

Expires 10/2024

Leasehold Rent:

$2,550 per annum

Location:

Located in an office park with easy access and lots of parking

Business Operation

Expansion Potential:

Additional Marketing to get more patients, add more providers, add additional therapies

Competition / Market:

Other competitors in the area but this team is experienced and has a great reputation for providing high quality services.

Reasons for selling:

Scaling back

Trading hours:

M-F 9am - 5pm

Employees:
10
Years established:
2018

Other Information

Support & training:

Whatever is needed but at 2 weeks included in the offer.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

TBD

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