Annual Revenue: $586,700
Net Cash Flow: $378,152
Industry: Health Care
Location: Shelby County, Tennessee
This practice focuses on providing behavioral health services to the greater Memphis and neighboring Mississippi and Arkansas tri-state area. The business currently employs 3 practitioners.
The practice can easily expand by adding practitioners given the acute local and tri-state shortage of psychiatric service providers. Services typically include Medication Management, Psychotherapy, Family and Marriage Counseling, Trauma Therapy, Gender Identity, ADD Testing, Post-hospitalization follow-up care, and MAT Programs (Suboxone).
This practice is near several inpatient psychiatric and medical hospital facilities that provide a constant flow of referrals. The clinic is located on a business-owned, newly renovated standalone 2200 sq ft, 14 room, 2 story facility that provides ample room for revenue expansion across all healthcare practices.
The purchase price includes real estate valued at $425,000. The Seller will assist the new owner through transition for 6 months.
Real Estate: $425,000 (Included in Price)
Square Footage: 2,200