802 Buyers Online Now
Buy Business Sell Business Business Brokers My Account
Photos Website Map
Asking Price$404,000
Revenue$949,328 EstablishedUndisclosed
Cash Flow$182,675 Employees27 full-time
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Absentee owner profited $182,675 in 2015! Since starting this business the owner has realized over 305% growth and sales are continuing to increase. This thriving practice is a leader in Trauma Therapy which is unable to keep up with demand and has to turn away new clients. Unexpected relocation of the owner to a new state has enabled this opportunity to be available for a new owner to take advantage of the abundant growth opportunities. Two offices service a 60 mile radius of Omaha.

Witnessing the effects of helping a large and diverse demographic of clients by making a lasting impression on their lives drives this dedicated staff. This practice provides services from newborns whom require supervision of parental visitations to seniors living in nursing homes whom need mental health therapy and any stages in between. The following specific services are offered supervised visits, therapeutic visitation, family support work, individual and family therapy, parenting time, intensive family preservation, chemical dependency evaluations, and an internship program. Most services are in home unless a neutral location is required. Contracted with the State of Nebraska as an in-network provider for Nebraska Family Collaboration as well as other State and Federal payer sources. Most clients are court ordered to receive these services versus electing to receive mental health therapy.

The fact that over 80% of their Therapists are dually licensed and trained in Trauma Focused/Cognitive Behavior Therapy distinguishes this business from competition. Barriers of entry into this industry are high due to main payer sources having slow and rigorous credentials to authorize licensed staffed agencies to bill them as well as practices becoming in network with NFC which has gone 4 years without adding a new provider.

Growth opportunities such as selectively hiring additional Therapists to obtain the clients being turned away as well as leveraging the second rural office to be more profit driven. There are two aspects of this business: clinical and operational. Originally the seller was clinical but has delegated clients to the staff in place and is currently running this business entirely operational, remotely via phone and bi-monthly onsite visits. New owner does not need to be a licensed professional and seller is willing to educate on the industry procedures and regulations.

Reason for Selling: Summer of 2015 Moved to New York
Personnel: 1 Manager, 23 Licensed Therapists, 3 Community Service Workers, Internships
Support to Buyer: Seller is willing to train and assist Buyer for 90 days after Sale onsite and remotely
Additional Information:
Location and Service Area: Two locations serving clients in a 60 mile radius of Omaha – specific counties Douglas, Sarpy & Cass
Building: Located right off the interstate with easy access
Employees: 1 Manager, 23 Licensed Therapists, 3 Community Service Workers, Internships
Clients: Age range 0-100, newborns to seniors
Services: Supervised visits, therapeutic visitation, Family Support Work, Individual and family therapy, Parenting Time, Intensive Family Preservation, Chemical Dependency Evaluations, Internship Program
Referrals: NFC, Project Harmony, Magellan, Probation, Pretrial Release, Golden Living, Law Firms, Regen 6 and word of mouth. Average
Payer Mix: BCBS, Coventry, NFC, Medicaid
Current Owner’s Responsibilities: Remotely operating via phone and bi-monthly visits. Owner responsible for financials

Financial Overview
Gross Sales
2015 $949,328
2014: $620,304

Owner Profit/Cash Flow
2015 $182,675
2014: $124,415

Growth/Sales Trends: 53% Growth from 2014 to 2015
Profit Margin: 19%
Multiple: 3.5
Fair Market Value: 2014 Cash Flow x Multiple = Price
$124,415 x 3.5 = $435,452

Due to the seller’s urgency for a timely transition a discount of $31,452 from the Fair Market Value found above positions the business List Price at $404,000

Funding Example
Purchase Price: $404,000
10% Buyer Down Payment: $40,400
15% Seller Financing: $60,600
75% Bank Loan: $303,000

$117,299Net Operating Income (Profit)
290% Return on Down Payment in Year 1
Facilities:Location and Service Area: Two locations serving clients in a 60 mile radius of Omaha – specific counties Douglas, Sarpy & Cass Building: Located right off the interstate with easy access
Training/Support:Seller is willing to train and assist Buyer for 90 days after Sale onsite and remotely
Seller Financing:15% Seller Financing: $60,600
Sale Reason:Summer of 2015 Moved to New York
Ad #78624
Seller Reference #HEA009
The information in this ad has been provided by the business seller or representative stated on this ad. BuyBusiness.com has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Please read our Terms of Service before responding to any ad on our website.
Contact This Seller
Cortney Sells
The Firm Business Brokerage
402.998.5288
Name
Email Address
Message