Tennessee Mental Health Services - High Margins

Not Disclosed, TN

Asking Price: Annual Revenue:
$500,000 $719,501

Services: Medical, Dental

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RE: Tennessee Mental Health Services - High Margins Broker: Chris Ollis

Quick Facts

Asking Price: $500,000
Annual Revenue: $719,501
Net Profit: Not Disclosed
Cash Flow: $201,501
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2002
Employees: 8
BBN Listing #: 128855645
Broker Reference #: TN Health Services

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Business Overview:

Low overhead high margin business providing mental health services to nursing homes, VA hospital, and to clients across Tennessee and at a Licensed Outpatient Facility. Comprehensive services provided include evaluation, diagnosis, treatment plans, medication management, medical services, counseling services and marriage and family counseling.

In business since June 2002, contracts are established with clients, and all services are provided through contract employees. Sources for payment of services include private insurance, Medicare, Medicaid, TennCare and private payments from clients. Compensation to contract workers is made after payment for services is received.

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Property Features and Assets:

1,250 square feet facility contains business offices and facilities for client services. The office is currently on a month-to-month rental at a rate of $1,000/month. The business offices include all furnishings, phones, computers and decor (except personal items of current owners). An exam table, EKG and Oxygen station are included.

Market Competition and Expansion:

Owners state that the company has an excellent reputation with nursing homes and in the community, resulting in maintaining current clients and acquiring new clients. There are few competitors providing this service, and the office continues to receive inquiries for services from new clients. There is currently no active advertising or marketing campaign, and these have been utilized in the past. The current owners believe the business could be expanded significantly by a new owner through hiring more contract service providers to grow the existing service area, and by developing relationships through an expanded service area in Tennessee They continue to receive inquiries from other areas in TN, and have chosen not to expand to these locations. This model may be considered in other states.

Reason for Selling:


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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