Status: Sold
**Under Contract** Very Successful Therapy Business - Listing #: NAPFL001-N69
Asking Price:$1,450,000
Cash Flow:$415,417
Gross Revenue:$1,149,544
EBITDA:N/A
FF&E:$25,311
Inventory:N/A
Rent:$3,990
Established:1987
Business Description
Multiple locations and growing Therapy Business
Experienced management already in place allows you to own this business with no
prior experience in this industry or healthcare. This long-established
Therapy practice is being run remotely by the owner. The revenues and
profits have grown steadily and have fared well this year even after the
virus hit. The Company is using in-person sessions, Telehealth and
Zoom Sessions to drive the growth this year
prior experience in this industry or healthcare. This long-established
Therapy practice is being run remotely by the owner. The revenues and
profits have grown steadily and have fared well this year even after the
virus hit. The Company is using in-person sessions, Telehealth and
Zoom Sessions to drive the growth this year
Detailed Information
- Real Estate:
- Leased
- Building SF:
- 3,000
- Lease Expiration:
- 10/23/2022
- Employees:
- 17
- Furniture, Fixtures, & Equipment (FF&E):
- Included in asking price
- Facilities:
- There are multiple offices for this business and a buyer has the option of signing new long-term leases
- Competition:
- Most of the competition is single providers who can only see a fraction of the patients that this Provider handles with a large, experienced staff.
- Growth & Expansion:
- This business is primed for continued growth, through satellite locations. The owner has the ability to get new Counselors hired and into the billing exchanges which are generally closed to smaller practices.
- Support & Training:
- There is a full time manager in place so the owner will provide two weeks training included and would be available for a fee afterwards if needed.
- Reason for Selling:
- Retirement