Listing #1592
Location: Worcester County, MA
Description: This is an incredible opportunity to own a successful outpatient behavioral health clinic with multiple locations in Massachusetts. The company provides a multidisciplinary approach to behavioral health services for children, adolescents and adults. The clinic focuses on evidence-based therapy, psychological and neuropsychological assessment, and psychiatric medication management services. The company is credentialed with most major health insurances and was able to negotiate a higher reimbursement rates per visit than its competitors. The company has an impeccable reputation in the industry with a constant waiting list of patients looking to book appointments. Currently, the company operates with 21 employees (9 full time/ 12 part time). Whether the prospective buyer owns an out of state mental health facility, and is looking to expand services in Massachusetts, or run an existing healthcare business (i.e. Addictions facility, Nursing Home, Residential or Outpatient Mental Health Treatment Facility, Nutritional Behavioral Health Services, etc.), this highly profitable opportunity will compliment any healthcare business. The company currently provides services out of their four locations. The COVID-19 pandemic has not slowed this business down. The company swiftly adopted and converted all of its client base to virtual telehealth sessions.
The demand for behavioral health services continues to rise, as the patient population grows. This makes it a uniquely favorable time to step into this expanding area of healthcare.
Financial Information:
Yearly Gross: $1,141,550
SDE: $240,638
Real Estate: Lease (4 locations): $5,916/ for all 4 locations
Financing: Pending SBA Pre-Screen
Asking: $1,250,000
General Information:
Year Established: 2013
Type of locations: Medical Office Buildings
Reason Selling: Owners are looking to stay on with the company for a few years, with a potential retirement plan
Employees: 9 FT 12 PT
Franchise: NO Home-based: NO Re-locatable: NO
County: Worcester County
For more information, please contact:
Company: ROI Corporation a BBANE Affiliate
Broker: Denis Mezheritskiy
Phone: 781-682-6209 ext. 264
Email: prospect@roibusinessbrokers.com
