Adult & Geriatric Psychiatry Practice

Encino, CA
Los Angeles County

Los Angeles County

Asking Price: Annual Revenue:
$495,000 $673,101

Services: Medical, Dental

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RE: Adult & Geriatric Psychiatry Practice Broker: Chris Ververis
License #: 02066622
Owner Financing is Available!
$200,000 down payment and SWC balance for 36 months at 6% interest

Quick Facts

Asking Price: $495,000
Annual Revenue: $673,101
Net Profit: $387,452
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $10,000
Real Estate: Not Disclosed
Year Established: 1991
Employees: 6
BBN Listing #: 91205142
Broker Reference #: 140-00050

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Business Overview:

This Adult & Geriatric Psychiatry practice has been established for nearly 30 years. The primary Psychiatrist is ready to retire but is willing to structure either seller financing or an earn out so a new Psychiatrist can take over with confidence that 30 years of referral sources and relationship will be transferred to him. Serious seller who has prepared his business for sale with the help of a Certified Public Accountant (CPA). He has all the necessary documents ready for due diligence, including tax returns, leases, equipment lists, financial statements and more. For more information including a detailed confidential opportunity summary with financial information and photos, please email Listing Agent Chris Ververis. Please use email reply button of this ad to contact us.

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Property Features and Assets:

This is a leased location of 1,400 square feet with a Total Monthly Rent of $2,700. Seller is active in the business with 2 Full Time and 4 Part Time employees. Hours of operation are 9-5 Monday - Friday. A Medical License is required. $10,000 in FF&E included in asking price.

Reason for Selling:

Seller is relocating.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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