Psychotherapist Practice

Not Disclosed, IL
Lake County

Asking Price: Annual Revenue:
$149,000 $166,654

Services: Medical, Dental

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RE: Psychotherapist Practice Broker: Terry Flanagan

Quick Facts

Asking Price: $149,000
Annual Revenue: $166,654
Net Profit: Not Disclosed
Cash Flow: $126,051
Total Debt: Not Disclosed
FF&E: $1,000
Real Estate: Not Disclosed
Year Established: 2015
Employees: Not Disclosed
BBN Listing #: 43494955
Broker Reference #: 4202-14901

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Business Overview:

The therapist specializes in working with individuals who worry, act impulsively, appear inattentive, are moody, or are just struggling. She provides individual and family therapy as well as comprehensive psychological testing. When working with children, the therapist utilizes therapeutic games and activities to identify and teach how to manage problematic patterns of behavior that interfere with relationships, school, or self-esteem. She also works to assist parents and provide strategies for home.

The practice currently sees 7 patients per day on average. The active patient population is 67 patients. Patients are seen by appointment only. The therapist accepts insurance which makes up 95% of the patient population. Of the 95%, 90% of the patients are BlueCross/BlueShield. Five percent of the patient population are cash payment. Claims are filed electronically.

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Property Features and Assets:

The office is located in a professional office building in an upper-scale community. The 900 square foot office consists of a waiting area with three individual offices available for therapists. Adequate parking is available. Good signage in a densely populated, high traffic area. Assets= $1,000

Market Competition and Expansion:

There is reasonable competition in this growing field. The competitive advantage is this practice is unique in that the therapist incorporates play and/or talk therapy, psychological testing, executive functioning training and parenting to provide the most comprehensive approach. She works closely with parents so that you know treatment goals and progress status. The fields of talk therapy and testing are growing to meet the increased demand due to increased awareness of mental health issues and improved identification of both children and adults at risk. Growth potential exists in the addition of therapists into the office and an addition of office hours. The practice is located in an area with higher then normal discretionary spending ability allowing for access to therapeutic treatment

Reason for Selling:

The therapist wishes to relocate out of state.

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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