Company Overview
American HealthCare Capital is pleased to exclusively introduce an Outpatient Speech Therapy practice for sale in El Paso, Texas. The company provides skilled, compassionate, and effective speech and language evaluations and therapy for all ages, Pediatrics (70%) to Geriatric (30%). The goal is to improve their patients’ quality of life in the areas of communication, cognition, and swallowing. Services are provided to private clients, school districts, insurance clients, hospitals, and home health. They are unique because they provide services other speech therapy offices do not offer, such as adult dysphagia and participation in a cleft palate clinic.
Financial Overview
The company accepts nearly all major insurance plans, state Medicaid, Medicare, and private pay. Gross collected revenue has remained relatively stable, ranging between $450,000 and $550,000. In 2022, the company generated $544,083 in revenue, which declined to $481,000 in 2023 following the non-renewal of a major contract due to staffing constraints. Revenue rebounded in 2024 to nearly $560,000, and the company projects approximately $500,000 in revenue for 2025. While the business has been modestly profitable, the owners have not prioritized growth or profitability to date. They believe that with scale, there is significant potential to improve margins and overall financial performance.
There is an increased need in the El Paso area for Speech Therapy, and the seller feels there are many opportunities for a new owner to increase admissions and add additional contracts.
Staff Overview
The seller is seeking retirement, but the remaining staff are expected to stay on under new ownership.
Asking Price
The asking price for this opportunity is $250,000, which excludes cash, receivables, and working capital.