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Idaho Business For Sale |
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| MENTAL HEALTH PROVIDER |
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| Attn: Mickie Bernard |
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| not disclosed, ID, USA |
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| Asking Price: |
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Not Available |
| Business for Sale Industry: |
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Services: Medical, Dental, Assisted Living |
Year Established: |
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2000 |
| # of Employees: |
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125 |
| Yearly Revenues: |
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$3,750,000 |
| Yearly EBITDA: |
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$971,000 |
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Business for Sale Overview:
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The March Group, LLC currently represents a growing and profitable company specializing in providing clients with therapeutic mental and developmental health services and behavior and life skills training. Revenue for 2007 topped $3.74 million, which represents year-over-year growth of 15.9% and two year revenue growth of more than 49%. 2007 EBITDA is approaching $971,000, or 26% of revenue. Revenue in 2006 was generated by: Intensive behavior intervention/developmental therapy (70% of revenue), Psychosocial rehabilitation (25%), Service coordination (3%) and mental health counseling (2%). The Companies service fee income is billed almost exclusively through the State’s Medicaid Program. Customer referrals and networking are the main avenues they currently market their services to service coordinators and the Department of Health and Welfare. Licenses are maintained in the following areas: Psycho-social Rehabilitation, Developmental Disability Agency and Clinic Option. Fully covered by professional liability, premises liability and other relevant insurance. The majority of the therapy is completed in homes or the community. Growth can be achieved in a number of ways including geographic expansion and providing additional services such as speech therapy, occupational therapy, adult services etc.
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Property Features and Assets:
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5 offices, 2 of which are offered for sale. |
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Additional Details:
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- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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