Mental And Behavioral Health Psychology Practice

Price: $3,300,000
Annual Revenue: $2,762,000 Net Cash Flow: $825,000
Health Care Albany County, New York
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This is a unique opportunity. Owner is seeking the right opportunity/partner to take this practice to the next level. Owner is willing to stay on for several years. The ideal structure would allow the owner to retain equity and participate in accelerating growth. The goal would be providing a greater financial gain for the buyer’s future and the owner upon their final exit. The business growth has multiplied since 2020 with the implementation of telehealth. The practice has tripled in size and has a plan in place to do the same or more in the next five years.

The owner has created a practice with a respected reputation that is statewide and provides services which make them unique.

The current administrative and provider employees are all W2 and would stay on seeking growth opportunity within the new organization. The network of providers is highly specialized and know the complexities required to do the exams for the unique services provided.

Each provider is either licensed by the state of New York or working under a Limited Permit issued by the state of New York under the license and supervision of the owner.

Plenty of room for growth for the right owner/investor. The owner is secretive and selective. Information to vetted and qualified investors only.

Listing Details

FFE: $5,000(Included in Price)

Reason For Sale: Retire in 5 years & continue the success, legacy & advancement of the practice.

Training & Support: Owner wiling to stay on for several years and help continue growth.

Operations

Employees: 25

Location

Monthly Rent: $6,333

Square Footage: 2,300

Facilities Information: Will be shared with qualified buyers.

Additional Information

Competition:

Will be shared with qualified buyers.

Potential Growth:

Yes. Will be shared with qualified buyers.

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Mike-Farruggia-synergy-business-brokers-ny

Michael Farruggia Senior M&A Broker

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