American HealthCare Capital is pleased to offer a comprehensive mental health clinic established in 2003. Located in upstate New York, the company provides a full range of services including Psychotherapy, Psychological Testing, and Mental Health Evaluations.
The company’s payer mix is approximately 90% Private Insurance and 10% Private Pay. Over the past three years, the company has remained consistent and annual revenue and is projected to increase revenue by 10% in 2020. In 2018, the company collected $414,518 in gross revenues and was profitable. In 2019, they increased their annual revenue and collected $467,085 in gross revenue. In 2020, they have increased despite COVID-19 and collected $567,566 in gross revenues and treating approximately 160 patients per week. In 2021, they grossed approximately $170,000 through March and are projected to collect approximately $680,000 in gross annual revenue.
The seller is looking to retire but may be interested in staying on for the right opportunity.
The asking price for this opportunity is $500,000.
If you would like to learn more, please contact us for a Confidentiality Agreement that will allow us to share more detailed information with you.