Group Therapy Practice with Unique Model

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Group Therapy Practice with Unique Model
Asking Price:
$350,000

Gross Revenue:
$1,300,000
Cash Flow:
$167,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

A well-respected and successful therapy practice with a unique model and therapists throughout the Greater Boston area is available for sale! Therapists provide outpatient services for a broad range of emotional and behavioral challenges and treat both adults and children throughout multiple communities in Massachusetts. The company also provides administrative support to practitioners such as intakes/referrals, credentialing and billing.

According to IbisWorld, demand for these services has increased in recent years, with more individuals visiting behavioral therapists to address numerous ailments. As social stigma surrounding mental illnesses subsides, more individuals seek services provided by the industry. Public policy is moving rapidly to mandate even better access to behavioral health care. Industry experts anticipate more growth in the future, with revenue forecast to grow an annualized 2.2% to $5.2 billion over the five years to 2023.

This business is primarily run absentee, with a strong staff in place. They will be transitioning to a virtual office, eliminating many overhead costs and allowing for the business to be run by a buyer located anywhere in Massachusetts. A buyer must be a licensed therapist to purchase and run this company.

About the Business

Location:
Massachusetts
Growth & Expansion:
The practice could add practitioners from other areas complimentary to behavioral healthcare. Additional marketing will raise awareness for the practice and continue to encourage therapists to join.
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About the Sale

Training/Support:
The seller will provide training and support to ensure a smooth transition

Listing Info

ID:
1645093
Ad Detail Views:
0

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Business Listed by

Sarah Grossman

BayState Business Brokers

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Sponsoring Broker:

Marc Gudema, CBI
BayState Business Brokers


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