Outpatient Mental Health Practice For Sale
Virginia Beach, VA
| Asking Price: | $799,900 |
| Gross Revenue: | $963,396 |
| FF&E: | $5,000 |
| Cash Flow: | $227,702 |
| Rent: | $2,960 |
| Established Year: | 2018 |
Listing ID: 2203031Listing provided by BizBuySell
BUSINESS DESCRIPTION
This outpatient mental health practice is well established with a great reputation. They provide medication management and therapy for children and adults. There are currently over a half dozen providers and full-time support staff in place. The business takes all major insurance companies and offers in-person at their leased office space or virtual telehealth appointments. Revenue has been steadily increasing year over year and is on track for another growth year. However, there are still several growth areas for a new owner to expand the business.
DETAILED INFORMATION
Location
Virginia Beach, VA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,550
Lease Expiration
31/10/2024
Employees
10
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Located in an office park with easy access and lots of parking
Competition
Other competitors in the area but this team is experienced and has a great reputation for providing high quality services.
Growth & Expansion
Additional Marketing to get more patients, add more providers, add additional therapies
Financing
TBD
Support & Training
Whatever is needed but at 2 weeks included in the offer.
Reason for Selling
Scaling back
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