Established Mental Health Clinic for Sale - Salt Lake City Area
Business Description
The practice specializes in comprehensive mental health services, focusing on treating depression, anxiety, and ADHD, while offering advanced diagnostic tools like Quantitative Electroencephalogram (QEEG) testing to develop personalized care plans. Established in 2006, this highly regarded clinic is now available for $550,000 as the seasoned owner plans to retire.
Operating from a spacious 3,750 sq. ft. facility, the clinic features 5 exam rooms (with potential to expand to 7), a dedicated testing room, a welcoming waiting area, a fully equipped kitchen, a storage/records room, and 12 parking spaces. The practice employs three nurse practitioners and subleases space to a psychologist, fostering a strong collaborative care environment. Included in the sale are office equipment, furniture, computers, and ADD/ADHD testing supplies, valued at approximately $20,000.
Growth opportunities abound, including leveraging untapped marketing channels like social media and search ads, optimizing exam room capacity, increasing provider recruitment, and improving billing practices. With a solid patient base and minimal local competition, this well-established clinic is poised for expansion. The retiring owner is open to supporting a smooth transition and is available for up to 6 months.
Operating from a spacious 3,750 sq. ft. facility, the clinic features 5 exam rooms (with potential to expand to 7), a dedicated testing room, a welcoming waiting area, a fully equipped kitchen, a storage/records room, and 12 parking spaces. The practice employs three nurse practitioners and subleases space to a psychologist, fostering a strong collaborative care environment. Included in the sale are office equipment, furniture, computers, and ADD/ADHD testing supplies, valued at approximately $20,000.
Growth opportunities abound, including leveraging untapped marketing channels like social media and search ads, optimizing exam room capacity, increasing provider recruitment, and improving billing practices. With a solid patient base and minimal local competition, this well-established clinic is poised for expansion. The retiring owner is open to supporting a smooth transition and is available for up to 6 months.
About the Business
- Years in Operation
- 19
- Number of Employees
- 4
- Facilities & Assets
- Included in the sale are:
- Office Equipment
- Office Furniture
- Computers and supplies
- ADD/ADHD testing equipment
Estimated total value of all included tangible assets: $ 20,000. Detailed list available upon request.
One 3,750 sq. ft. facility is well-equipped with:
• 5 exam rooms (with potential to expand to 7)
• 1 dedicated testing room
• A spacious waiting area
• A fully functional kitchen
• A records/storage room
• Front office space for up to 4 employees
• 12 dedicated parking spaces - Market Outlook / Competition
- The owner reports marketing efforts have been minimal since the practice has always had enough patients to the owner’s liking: Current marketing channels include:
- Website
- Word of mouth referrals
The Owner reports there is very minimal competition in his space. - Opportunities for Growth
- Growth Opportunities:
- Increase marketing efforts (the practice has never used FB, Google Ads or radio and minimal boot on the ground advertising)
- Maximize the current space (there are 2 extra rooms that could be converted in to exam rooms)
- Increase provider recruiting efforts (room for 2 more FT)
- Improve billing practices (the code 90833 is being underutilized)
- Apply for MC/MD
- DeNovo growth
- Acquisitions
About the Sale
- Seller Motivation
- Owner is ready to retire
- Transition Support
- The Owner is available to transition the new owner(s), if needed. Ideally the Owner would like to retire sooner, rather than later, but willing to stay for up to 6 months.
- Financing Options
- Up to 10% of the total purchase price
Listing Info
- ID
- 2376094
- Listing Views
- 600
Listing ID: 2376094 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.