Opioid Rehab Practice – Sold
Price: $2,000,000
Annual Revenue: $1,150,000
Net Cash Flow: $501,000
Industry: Health Care
Location: Cincinnati Area, Ohio
This business has been sold. Please view our other Healthcare Companies for sale. Contact us if you are interested in selling an addiction treatment center in Ohio or anywhere else in the world.
Well-established private drug/opioid rehab practice that provides evidenced-based treatment, combining psychiatry with Suboxone medical support, to stabilize prescription drug/opiate addiction and facilitate recovery.
This turnkey practice has an excellent reputation as one of the Midwest’s most qualified practitioners of opioid-related treatments and addiction recoveries.
All revenue is generated from private pay (no insurance) with consistently high gross margins and low overhead. 6 hand-picked, dedicated physicians with service agreements will stay on with the new owner. The current owner only works about 8 hours/week. — Considerable room for growth as well.
Listing Details
Reason For Sale:
Retirement
Training & Support:
Very turnkey practice. -- Seller is willing to stay on for a transition period that the new owner is comfortable with.
Operation
Employees: 8
Location
Square Footage: 2000
Facilities Information:
The practice is located in a historic building with excellent lease terms. -- Sale includes all records, computers, and furniture.
Summary
Competition:
This practice is located in an ideal, established location in Cincinnati and close to public transportation.
Potential Growth:
This business can be expanded considerably by implementing social media advertising and a new website.