Physician Psychiatry Practice - Almost 300 Acti...

Columbia, SC
Lexington County

Asking Price: Annual Revenue:
$250,000 $308,000

Services: Medical, Dental

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RE: Physician Psychiatry Practice - Almost 300 Acti... Broker: Katherine Harris

Quick Facts

Asking Price: $250,000
Annual Revenue: $308,000
Net Profit: Not Disclosed
Cash Flow: $157,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 2
BBN Listing #: 827353321
Broker Reference #: COLUMSC001-N1365

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Business Overview:

Well-known successful Psychiatry Practice located near Columbia, SC: The practice has been serving the Richland and Lexington county areas for more than 30 years and the Doctor is ready to retire. The Doctor's specialty is to diagnose and treat mental disorders, such as depression, anxiety disorders, bipolar disorders and personality disorders. Treatments are a mix of medications and psychotherapy. Patients are seen only 3 days a week as the Doctor has scaled back and as a result is booked 5 months in advance. There is room to grow and bring on more patients in this practice with almost 300 active clients. Being independent the practice can be run your own way. To help improve the transition the Doctor is willing to stay on for 4 weeks at mutually agreeable terms. This business is a great fit for a new Doctor starting a practice, a relocating Doctor or a current practice looking to grow. The owner is asking $250,000 for the business and is willing to consider an earn-out with $100,000 down and the remainder paid over times under defined terms. The current free-standing office is available for sale at $149,000 or lease for $1,500 per month. The new owner could also move the practice to a different site. Cash flow shown includes an estimate for office space of $1500 per month. Without this expenditure, Cashflow is $175,000. Please respond to the information request or call Katherine Harris at 803-779-2919. An NDA and Buyer Profile will be requested.

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Additional Details:

  • The property is owned.
  • 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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