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Asking Price$699,900
Revenue$652,664 Established1996
Cash Flow$254,807 Employees2 full-time
FF&E$40,000* FranchiseNo
InventoryUndisclosed RelocatableYes
Real Estate$135,000 Home-basedNo
* Included in Asking Price
This company has brought mental health clinical trials to Northern New England for over 20 years.  Studies offer participants unique opportunities to receive cutting edge treatments and be among the first to benefit from recent scientific progress.  Most patients are between 18-55 and live within 100 miles of the facility.
    Participants experience the highest quality compassion, care, and attention not always available in a traditional medical practice.  Their commitment is to improve the lives of their patients through accurate diagnosis, patient education, and treatment of their disease.  Studies are carefully designed to make the health and safety of every participant a top priority.  All of the center's trials are conducted under the supervision of board certified physicians and are subject to FDA monitoring and approval.  All medical care, tests, and medications related to the trial are provided to qualified participants at no cost, and travel is compensated.
Competition:There is no real competition locally. This company is a well-established facility that is highly respected due to the high quality of the data they provide to their sponsors. In addition, their Principal Investigator is personally involved with each patient at each visit, with is above the standard of care in most trials. Taking on only a limited number of trials and patients allows the facility to never sacrifice patient care or data.
Growth Potential:This company has not solicited studies in over 10 years as all studies have been brought to them by known contacts. A stronger sales effort will pay off immediately in more trials, increased revenue, and increased profits. There is also an opportunity for the company to seek out new studies through known contacts or collaborate with businesses that charge a fee for gaining new studies.
Training/Support:The current owner is willing to stay on and train for two weeks after the transfer of the business at no charge. Should a buyer require it, she is willing to negotiate a contract for additional training time. Seller is willing to sign a non-compete agreement as negotiated.
Seller Financing:The sellers are willing to discuss providing terms to a qualified buyer upon review of the final
Sale Reason:The owner is ready to make a career change due to changes in her personal situation. She has been
Ad #96251
Seller Reference #NEWHAMP001-N9
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Jay Polimeno
603-745-9290
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