The behavioral mental health practice focuses on Testing AND Therapy. The testing is considered the “gold standard” for neuropsychological testing in this region (Northern Virginia / DC metro / Southern Maryland). The approach with families is personalized, thorough, and compassionate. All testing is done by doctoral level psychologists (PhD/PsyD) and no trainees. The practice takes a comprehensive approach to not just identify a diagnosis but understand the child from a 360 global point of view to capture cognitive, academic, emotional, personality, family strengths and weaknesses. Parents often call this testing a pivotal point in their child’s trajectory.
The medical practice primarily serves school aged children, which makes up 80% of their client population. 15% are adult patients and 5% are preschoolers. The primary diagnosis breakdown includes 60% Learning Disabilities / ADHD, 30% Anxiety / Mood, and 10% Autism Spectrum.
The breakdown between testing revenue and therapy revenue is 85% and 15%, respectively.
Over 90% of payment is made through out-of-pocket cash payments and the remaining 10% are funded through school systems. The business is primarily cash with no invoicing and no insurance.
Real Estate: $695,000
Reason For Sale: After 20 years of growth, the owners are seeking work / life balance.
Training & Support: The two clinician owners are happy to assist in an orderly transition to the new owners. One owner would like to stay on in a clinical capacity and step back from business and administrative duties. The other would be available for an orderly transition and then plans to step away from the business entirely.
Employees: 22
Square Footage: 2750
Facilities Information: The state-of-the-art behavioral health facility is available for purchase or lease and is located in Northern Virginia. The facility is a 2750 square foot unit overlooking a picturesque pond and a perfect setting for the client population.
The medical facility has 9 full-time W2 employees who primarily are administrative support. Additionally, 13 Clinicians are employed as Independent Contractors.
Competition:
This medical practice has a unique blend of testing AND therapy for behavioral health. In this region, the demand for their services continues to grow.
Potential Growth:
Over the past 2 years the medical practice has grown revenue by 30%. The demand for their services continues to expand in Northern Virginia / Southern Maryland region.
