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Psychotherapy/counseling Practice For Sale

Cape May County, New Jersey, US
Asking Price:
$185,000 Furniture / Fixtures included
Sales Revenue:
$279,000
Cash Flow:
$91,505

With over 17 years of providing quality psychotherapy services, this profitable business is a perfect fit for a strategic acquisition and/or the launch point for an entrepreneur therapist in pursuit of their own practice. The long-term staff of seasoned, licensed professionals provides a full suite of counseling services to meet the dynamic needs of individuals and families. These services are primarily provided through in-person sessions with phone/video conferences, as required.

As a result of their healing work, the practice has built strong relationships & partnerships within the community, translating into annual contract renewals, increased service demand, and expansion of clientele. The practice’s growth has been enabled by the implementation of key software tools that provide streamlined billing processes, optimization of business processes, and maintenance/retention of patient’s confidential records.

Professional therapy demand continues to grow dramatically due to pandemic impacts and the broader recognition of its benefits by society and medical insurers. Don’t miss this opportunity to capture a well-established, growing, professional psychotherapy practice with a strong foothold in their local community!

Property Information

Real Estate:

Lease

Premises Details:

The business operates from a conveniently located leased office space. All counseling rooms have been thoughtfully appointed with color tones, furniture, and décor to provide their clients a calm, private, introspective environment.

Business Operation

Expansion Potential:

The business has unlimited upside based on their stellar professional reputation, existing Employee Assistance Program (EAP) contract relationships, and long-standing community involvement. The business has the framework, tools, and processes in place to grow significantly with the recruitment of qualified, professional therapists to pursue an expansion of EAP contracts, school-based counseling, Regional Hospital contracts, group counseling offerings, telehealth partnerships, and other innovative programs.

Competition / Market:

Mental Health services is a highly fragmented industry which has been compounded by the launch of telehealth service platforms. As a result, patients and their families seek out practices with high ethical standards, strong professional referrals, and a demonstrated success rate. Maintaining strong community engagement, convenient patient access and strong referral networks are all key to differentiating practices in the fragmented marketplace.

The Covid-19 pandemic magnified the mental health crisis in the US touching all communities and social economic groups. The broad impact of the mental health crisis has destigmatized the need for counseling services, unlocked government, insurance, and private funding resources, and ushered in a boon for the industry.

Reasons for selling:

Owner looking to pursue other interests.

Trading hours:

Mon-Fri 9am-7pm; Sat By Appt.

Employees:
3 FT/2 PT
Years established:
17

Other Information

Support & training:

Will train for 2 weeks @ $0 cost.

Furniture / Fixtures value:
$2,575 - included in the asking price
Relocatable:
This business can be relocated.