Profitable Psychological Testing and Assessment Practice For Sale

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This independent assessment firm is a unique practice that specializes in providing comprehensive psychological evaluations for children, adolescents, and adults.  These assessments are conducted for a variety of reasons including ADHD disorders, Autism Spectrum disorders, behavioral problems, school problems, emotional difficulties, and patients preparing for surgical treatments like bariatric weight loss surgery.  Additionally, the firm provides consultation services, immigration evaluations, and Independent Educational Evaluations for Special Education eligibility.

Sunbelt Business Brokers of Dallas Metro and Bill Nicholson present this excellent opportunity to own an established provider of psychological assessments and evaluations with significant market differentiation, proprietary and market-proven methods and an extremely loyal customer base.  Approximately 80% of the gross revenues are from the clients' insurance claims.

Note that the Buyer has to be a licensed psychologist or licensed psychological associate (LPA) to acquire the practice.  This professional healthcare practice may be eligible for 100% bank financing for a new licensed owner.

Competition:

The mental services industry is highly fragmented. The top 50 outpatient companies account for less than 20% of the segment revenues. Demand for mental health and assessment services is on the increase due to an increase in mental health disorders in the United States. The profitability of individual facilities depends on controlling costs and attracting physician referrals for assessments and evaluations. This practice benefits from consistent referral sources and is well known for providing superior client services in the marketplace. The firm has a stable staff of four contract personnel and has very efficient operations.

Growth Potential:

Significant growth opportunities can come from hiring additional psychologists and therapists. Due to the firm’s market-proven assessment processes and client outcomes, growth can be achieved in this practice by leasing a larger space to see more clients on a daily basis when the current lease expires.

Training/Support:

Owner will provide 30 days of support and training.

Sale Reason:

Relocating to another state to care for parents.