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Businesses For Sale   >>   Medical Practices Businesses For Sale

Busy Psychology / Counseling Practice

Location  Ohio,United States
Asking Price Range  < $250K
Gross Revenues  $365000
Net Profit / Cash Flow  $250000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1976
Number of Employees  1 - 3
Inventory  5000
Relocatable  Yes
Number of Employees  1 - 3
Real Estate  Leased
Training  Transitional support and training available.
Reason for Sale  Moving out of state.

Established and respected Counseling Center has developed a large and loyal client base over the past 35 years. Established in 1976 by two psychologists, the practice is ready to provide a comfortable living for a small group, or can grow into a larger practice. Key features include: Positive community reputation Highly profitable Well-established Cutting edge management systems: Paperless office with website, online appointments and intake procedures, EHR and electronic billing Over 5000 clients in the patient database since electronic recordkeeping began in1998. New intakes range between 3-10 every week from well-established referral sources. Practice Information Population Served: Children, adolescents, adults, couples and families. Growth Potential: Client base has consistently grown over the years. Lake County is middle-class, economically diversified and stable. Referral Sources: Former patients, physicians, attorneys, pastors and website. Office Information Lease Terms: Leased through July 2012 in a Class-A medical building. Lease is renewable or practice may relocate elsewhere. Leasehold Rent: $3100 including cleaning. Premise Details: Approximately 1500 SF on third floor of medical building. Elevator access. Public transportation. Offices: Nicely furnished and move-in-ready, adjacent to a pediatric practice. Suite includes 3 therapy offices, 1 fully equipped playroom, office, receptionist counter, waiting room, kitchenette and bathroom. Financial Information Revenue Sources: Insurance with some private pay. No Medicaid, EAP or contracts. Most managed care contracts are in the name of the group. Will assist in seeking addition of the buyer(s) on the contracts if desired by the purchaser. Practice Price: $195,000. Includes furniture, business name, website, phone, training for EHR/electronic billing and introduction to referral sources. For more information please contact or email James Davidson Ph.D., 216.402.5064.

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