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Asking Price$299,900
Revenue$544,214 Established1975
Cash Flow$77,087 Employees14 full-time
FF&E$15,000* FranchiseNo
InventoryUndisclosed* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Available for acquisition is a unique opportunity to own a long-established Comprehensive Outpatient Psychiatric Clinic with impeccable reputation in the community. This clinic carries a prestigious CARF accreditation and provides assessment, counseling, psychotherapy, and substance abuse services.
Experienced staff consists of DO/MD’s, Ph.D LMSW’s, and LPC’s as well as office personnel, who are expected to continue with new ownership. Patients come from direct referrals to personnel as well as agency referrals from various sources amounting to approx. 35-40 new patients each month. The billing is done in house with great rate of collections. The company’s business mix consists of majority of private insurance with approx. 10% Medicare and 10% Private pay. The clinic is on all major insurance and most small area panels. With a stable clinical team and an outstanding reputation for over 23 years in the community, this clinic could thrive with the energy of a new owner.
The seller would like to retire, but is open to remain in consulting capacity if needed. More information is available with signed NDA.
Facilities:The office is located in the desirable part of Oakland County and operates out of 2,000 sq. ft. building, which is currently owned by the seller. Various options are available for relocation, lease or purchase depending on buyer’s preferences.
Competition:The business has been continuously CARF accredited demonstrating the highest quality in the field. Superb reputation and established name in the community since 1992 allow the company to depend on their agency referral base.
Growth Potential:The revenues could be increased by contracting additional professional staff. A new owner bringing fresh energy could participate in additional networking and marketing efforts.
Training/Support:Seller will provide adequate training to insure smooth transition.
Seller Financing:Negotiable
Sale Reason:Retirement
Ad #72458
Seller Reference #MI051515
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