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The practice is a medical practitioner specializing in psychiatric services. This outstanding firm is well established with minimal opposition in the surrounding area. Currently, this practice accepts private-pay and insurance only, the new owner could grow this business exponentially by accepting Medicaid or Medicare. The practice operates from a 2,900-square foot facility, which is leased from a third party. The new buyer should have completed a Psychiatric Residency Program. The practice has a proven track record, supported by its longstanding reputation it maintains with its patients. With its niche range of services, the practice’s efforts focus on patients with mental illnesses within the Southern Gulf Coast of Texas. Revenue increase has averaged around 7% over the past 5 years, due to an increasing amount of local hospital referrals. Last year, the company’s total revenue was $877,670 with an SDE of $445,055. In a growing field and solid reputation, this practice continues to help new patients while maintaining its reputation with existing ones.
Negotiable for the right buyer
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