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Businesses For Sale > Business For Sale in Jefferson County, Kentucky (KY)

Multi-Location Psychotherapy Practice for sale in Jefferson County, KY

Jefferson County, Kentucky (KY)

Asking Price: Gross: Cash Flow:
$ 620,000 $ 1,860,240 $ 331,984

Furniture and Fixtures Value:
$ 25,000 (included in the asking price)

Inventory Value:
(not included in the asking price)

Real Estate:
(not included in the asking price)

Business Summary:
This is an opportunity to acquire a growing multi-location counseling group. Although the practice serves clients of all ages, they've built a reputation in the community for their work with youth and their expert-level approach to therapy. As a result of their healing work, the practice has built strong relationships with schools in the area. This has led to growth opportunities that present great potential to the acquirer. The practice collects fees when services are rendered through third-party payers and from clients as an out-of-network provider. While the majority of clinicians are fully licensed, the practice also provides services through student interns at a reduced rate. The clinical team is comprised of over 30 therapists and interns. The owner has built out a strong leadership team, which makes this opportunity one that is turn-key and perfect for a strategic buyer, or therapist who has dreamed of owning a thriving practice.

 

   
Year Business was Established: 2016
   
Number of Employees: 20 FT/13 PT  
   
Facilities / Terms of Lease: The company operates out of multiple locations in Metro Louisville.  
   
Potential Growth/Expansion: School-Based Counseling has been developed and is an active part of the business. This model of services can be replicated in other school districts and presents great growth potential for the practice. If a new owner wishes to expand beyond private pay clients they can explore paneling with insurance companies.  
   
Competition: Mental Health is a highly fragmented industry. As a result, patients and their families seek out practices with established histories of patient success stories. Word of mouth, community involvement, and positive patient reviews are variables that help lead to differentiation in a market. The pandemic magnified the mental health crisis in America. Destigmatization and growing acceptance of the societal, personal, and economic benefits of comprehensive mental illness treatment have been supporting the industry’s growth in recent years.  
   
Reason for selling: Relocation & Other Business Interests.  
   
Seller Reference Number: 1902-18358
BusinessMart.com Listing Number: 309001
 

 

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Buying a Business Resources
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Getting Into Business: Multi-Location Psychotherapy Practice
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For more info contact:

Evelyn Correa

Murphy Business & Financial Services
727-725-7090

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