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Medical Practitioner Specializing In Psychiatric Services For Sale

Texas
Asking Price:
$949,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$877,000 (USD)
Cash Flow:
$445,000 (USD)

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.

Property Information

Real Estate:

Lease

Business Operation

Reasons for selling:

Approaching retirement

Trading hours:

8am-5pm

Employees:
3
Years established:
2005

Other Information

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

Negotiable for the right buyer

Relocatable:
This business can be relocated.

Contact Information

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