Therapy And Mental Health Services Clinic For Sale
Miami, FL Miami-dade County
Seller's Contact Information
- RE: Therapy And Mental Health Services Clinic For Sale
- Contact: Ashish Bhatt
Quick Facts
| Asking Price: | $600,000 | |
| Annual Revenue: | $617,027 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $329,119 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | 7 | |
| BBN Listing #: | 620026891 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
The Company is a Miami-based therapy and mental health services center founded in late 2020, that provides highly personalized service, resulting in more effective treatment while ensuring continuity of service.
The clinic treated 75 clients in its first full year up to 2021, funded through private insurance, Medicare, Medicaid, and cash payments. Its revenue and the subsequent profit have been attained generally through referral and word-of-mouth marketing. The Company achieved in one year of operation more than $800k in income, 81% gross profit margin, and $524,000 SDE in 2021. TTM income and SDE are $617k and $329k respectively, calculated from August 2021 through July 2022.
The Company offers a wide variety of clinical mental health services to clients of all ages.
The clinic’s emphasis is on Geriatric Psychosocial Rehabilitation (PSR), a program that supports clients in learning more about their mental illnesses; it develops coping skills for symptom management to work toward personal growth and recovery, primarily through skill-building groups. The clinic also offers individual therapy, group therapy, and family counseling.
The Clinic’s main competitor is Leon Medical Centers. Leon does not specialize in mental health conditions and therapy with eight locations in Miami and Hialeah, Florida. It offers therapy as one of its many services, including dentistry, cardiology, and gynecology.
Potential Growth: With mental health diagnoses skyrocketing, there will be a continued and intense need for treatment services. (According to the National Alliance on Mental Health, almost 3 million of Florida’s adults – 1 in 56 – suffer from mental health issues).
The treatment clinic has become a necessary resource in the Miami community and presents an excellent opportunity for expansion to provide specialized medical studies/services in addition to its existing services.
The Company has not done any paid marketing and significant expansion opportunities exist once proper paid marketing is undertaken.
Unlike its competitor, the Company provides a specialized and more personalized service that results in more effective treatment with a continuity of service.
The owner is amenable to staying on as long as required in the role of Therapist and Office Manager.
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Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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