Opioid Rehab Practice with Dedicated Physicians and Low Attrition – Has Accepted Offer
Price: $2,000,000
Annual Revenue: $1,150,000
Net Cash Flow: $501,000
Industry: Health Care
Location: Hamilton County, Ohio
This business has an accepted offer. Please view our other Healthcare Companies for sale.
Well-established private drug/opioid rehab practice which provides evidenced-based treatment, combining psychiatry with Suboxone medical support, to stabilize prescription drug/opiate addiction and facilitate recovery.
This turnkey practice has an excellent reputation as one of the Midwest’s most qualified practitioners of opioid-related treatments and addiction recoveries.
All revenue is generated from private pay (no insurance) with consistently high gross margins, and low overhead. 6 hand-picked, dedicated physicians with service agreements will stay on with the new owner. The current owner only works about 8 hours/week. — Considerable room for growth as well.
Listing Details
Reason For Sale:
Retirement
Training & Support:
Very turnkey practice. -- Seller is willing to stay on for a transition period that the new owner is comfortable with.
Operation
Employees: 8
Location
Square Footage: 2000
Facilities Information:
The practice is located in a historic building with excellent lease terms. -- Sale includes all records, computers, and furniture.
Summary
Competition:
This practice is located in an ideal, established location in Cincinnati and close to public transportation.
Potential Growth:
This business can be expanded considerably by implementing social media advertising and a new website.