Established Psychiatric Practice For Sale
Location Massachusetts,United States
Asking Price Range $500K - $1.0M
Gross Revenues $356337
Net Profit / Cash Flow $179607
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2000
Number of Employees 4 - 5
Inventory 25000
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Owned
Training Will train for 4 weeks @ no cost.
Reason for Sale After establishing and growing the business for the past 12 years, Dr. just wants to practice medicine.
Description The business is an established and profitable Psychiatric practice. The practice consists of one full time psychiatrist (the owner), one part time psychiatrist and one part time psychologist. The two psychiatrists prescribe medications and the practice provides care from pediatrics to geriatrics. The office staff has been with the practice for several years and is experienced in every facet of medical billing and office management. The practice has a substantial active patient roster, contracts with all the major insurance carriers and several regional carriers. The price includes a 500 sq ft office condo, the practice, and the insurance accounts receivable. The doctor would like to continue to practice after the sale.
Sales Price: $650,000
Contact: John Gledhill
Phone: 508-732-4100
Click Here To Contact Seller
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