American HealthCare Capital is pleased to exclusively present a Behavioral Health Practice for sale in the Mid-Atlantic area. The Practice provides therapy services, including but not limited to Mental Peace, Work & Life Balance, Women’s Issues, Spirituality, Racial Identity, Sexuality, ADHD, Depression & Anxiety, Trauma & PTSD, School Issues, Family, Marriage & Couples Counseling, etc. At the present time, the Practice consists of one (1) owner, twenty (20) therapists, and a small administrative staff. With the exception of the owner, all staff are independent contractors (Form 1099).
The practice maintains an active patient population in excess of 600+ individuals, with an average patient volume of 25-30 appointment visits per day. The practice specializes in treating African American and First Generation patients of various racial and ethnic groups. The patient population ranges in age from approximately eight (8) years of age and older.
The Practice payor mix is ninety (90%) percent commercial insurance and ten (10%) percent self-pay (no Medicaid). In 2023, the practice had $1,103,389 of gross revenue with a net operating income of $150,258. At the present time, the practice is positioned for significant growth with the high and growing demand for Behavioral Health services, constant waitlist for new patient appointments, actively recruitment of additional therapists, and recognition within the community, which a new owner could build upon.
The current owner is very interested in remaining with the practice to continue to provide Behavioral Health services to the patients. Furthermore, the other twenty (20) therapists and administrative staff are expected to remain with the practice following the transition to a new owner.
The asking price for this opportunity is $3 million.
