Outpatient Mental Health Practice For Sale
Virginia Beach

This outpatient mental health practice is well established with a great reputation. They provide medication management and therapy for children and adults.   There are currently over a half dozen providers and full-time support staff in place.  The business takes all major insurance companies and offers in-person at their leased office space or virtual telehealth appointments.  Revenue has been steadily increasing year over year and is on track for another growth year.  However, there are still several growth areas for a new owner to expand the business. 

Listing Number:

22995

Category:

Practice Sales - Medical/Dental/Vet

Location:

Virginia Beach
$799,900

Financial Information:

Gross Revenue:

$963,396

Listed Price:

$799,900

Down Payment:

$0

Total Income:

$227,702

Year Established:

2018

Lease Information:

Square Feet:

2550

Total Rent:

$2,976

Lease Expiration:

10/2024

Lease Options:

N/A

Asset Information:

Leasehold Improvements:

$25,000

Equipment / Fixtures:

$5,000

Inventory:

$0

Other Assets:

N/A

Additional Information:

Full-Time Employees:

0

Part-Time Employees:

0

Special License Required:

Opt-patient mental health practice

Contract Staff:

10

Training Period:

2 weeks

Reason for Selling:

Scaling Back

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First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker, Terms of Use before responding to any ad.

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Timothy Johnson
Office: (757) 866-2321 | Cell: (757) 741-8797
License #:

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Outpatient Mental Health Practice For Sale
Virginia Beach

Listing Number:

22995

Category:

Practice Sales - Medical/Dental/Vet

Location:

Virginia Beach

Listed Price:

$799,900
brokerPhoto
Timothy Johnson
Office: (757) 866-2321 | Cell: (757) 741-8797
License #:
This outpatient mental health practice is well established with a great reputation. They provide medication management and therapy for children and adults.   There are currently over a half dozen providers and full-time support staff in place.  The business takes all major insurance companies and offers in-person at their leased office space or virtual telehealth appointments.  Revenue has been steadily increasing year over year and is on track for another growth year.  However, there are still several growth areas for a new owner to expand the business. 

Financial Information

Gross Revenue:

$963,396

Listed Price:

$799,900

Down Payment:

$0

Total Income:

$227,702

Year Established:

2018

Lease Information

Square Feet:

2550

Total Rent:

$2,976

Lease Expiration:

10/2024

Lease Options:

N/A

Asset Information

Leasehold Improvements:

$25,000

Equipment / Fixtures:

$5,000

Inventory:

$0

Other Assets:

N/A

Additional Information

Full-Time Employees:

0

Part-Time Employees:

0

Special License Required:

Opt-patient mental health practice

Contract Staff:

10

Training Period:

2 weeks

Reason for Selling:

Scaling Back

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker,
Terms of Use before responding to any ad.

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