Company Overview
American HealthCare Capital is pleased to exclusively offer a Mental Health Practice for sale in Central Ohio. The practice provides mental health counseling services to adults and families (95%), as well as children and adolescents (5%). Payer sources include 61% Medicaid, 30% insurance, 6% private pay (cash), and 3% Employee Assistance Program (EAP).
Financial Overview
The Central Ohio counseling practice has seen consistent growth every year since it was established. In 2023, they achieved Gross Revenues of $969,290 with an adjusted EBITDA of $477,000, which was 7% higher than 2022 revenues. There are numerous opportunities for continued growth upon which a new owner can capitalize. They own the federal trademark for their company name, permitting the name usage nationwide.
Staff Overview
The staff is expected to stay on post-acquisition, while the owner will assist during a short transitional period as needed.
Asking Price
The asking price for this Central Ohio counseling practice is $2.8 million..
