Seller's Contact Information
- RE: Well Established Psychiatry Practice Opportunity
- Contact: Andrew Rogerson
- License #: 01861204
Quick Facts
Asking Price: | $420,000 | |
Annual Revenue: | $483,468 | |
Net Profit: | $350 | |
Cash Flow: | $350,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1970 | |
Employees: | 1 | |
BBN Listing #: | 847451262 | |
Broker Reference #: | Not Disclosed |
Business Overview:
Are you looking for a great opportunity to own and operate an upmarket psychiatry provider?
For Sale: Psychiatry Practice, East Los Angeles County
This practice is owned and operated by a sole practitioner who is now ready to retire.
The practice has been operating from the same location since 1983 and is located in east Los Angeles County.
The doctor only works three days a week and is approximately $480,000 per year in gross revenue while taking home approximately $340,000.
California Psychiatry Practice for sale.
The strength of the practice is its longevity and its focus. That is, the practice offers treatment for patients of all ages, except small children. Common diagnoses are major depression, ADHD, anxiety disorders, Bipolar Disorder and psychoses.
The practice draws patients from the entire San Fernando Valley and currently consists of at least 2000 patients. It is one of the largest psychiatric practices in Los Angeles with the doctor seeing at least 100 patients per week. At least 5 new patients contact the office per week to set up initial appointments.
The office consists of a waiting room, a secretary’s office, two therapy offices, and a storage room. The doctor’s therapy office is approximately 320 square feet.
The practice has an excellent reputation, and many patients call after checking the online reviews over many years of serving the community.
Finance to buy this Psychiatry practice.
To own and operate this Psychiatry practice, you will need a valid license with the California Medical Board. If you hold the necessary license, finance is easily and readily available through an SBA lender as they have already reviewed the performance of the practice and will lend up to 100% of the purchase price.
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Property Features and Assets:
The strength of the practice is its longevity and its focus. That is, the practice offers treatment for patients of all ages, except small children. Common diagnoses are major depression, ADHD, anxiety disorders, Bipolar Disorder and psychoses. The practice draws patients from the entire San Fernando Valley and currently consists of at least 2000 patients. It is one of the largest psychiatric practices in Los Angeles with the doctor seeing at least 100 patients per week. At least 5 new patients contact the office per week to set up initial appointments. The office consists of a waiting room, a secretary’s office, two therapy offices, and a storage room. The doctor’s therapy office is approximately 320 square feet. The practice has an excellent reputation, and many patients call after checking the online reviews over many years of serving the community.
Reason for Selling:
Retiring
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
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