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Mental & Behavioral Health Outpatient Facility – Absentee Run

Price: $2,200,000

Annual Revenue: $1,265,780

Net Cash Flow: $443,690

Industry: Health Care

Location: Middlesex County, New Jersey

This practice provides therapeutic services for Anger Management, Anxiety, Depression, Eating Disorder Behavior, Panic attacks, Self-harming, and suicidal tendencies along with Dual Diagnosis. Services are also provided for Bipolar Disorder and ADHD and Psychosis. The practice is licensed by DCF and DMHAS.

Set in an outpatient facility, the practice provides distress tolerance, emotion regulation, interpersonal effectiveness using DBT, and other therapy disciplines. The current census averages between 55-65 patients and have the opportunity for expansion. This practice provides services covered by insurance and is in-network with major providers in the market they serve.

Employees: ABSENTEE – Fully Staffed nine employees – Managers Therapists, Full-Time Therapists, Part-Time Therapists and a Psychiatrist on Staff.

Listing Details

Reason For Sale:

Retirement

Training & Support:

The owner will provide a smooth transition. 30-day transition. Additional based on agreeable employment arrangement. Key staff in place will remain post-sale for the new owner.

Operation

Absentee Owner?: Yes

Summary

Potential Growth:

At present, this business is run ABSENTEE – with minimal ownership involvement and supervision. A hands-on operator or larger organization that can deploy resources to facilitate growth would have a positive impact on the practice. The practice currently has an active client database, which is growing at a steady pace. Additional resources focused on marketing, program offering expansion, and developing services offered in existing verticals and increasing the census via organic growth would facilitate the normal growth of the practice. The practice is licensed for PHP and IOP and currently provides services at a minimum level in these areas of care. The opportunity exists to develop a FULL continuum of care in these areas.

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