Details - Information last confirmed on September 3, 2020

NYBH1A - $525,000 Comprehensive Mental Health Clinic located in Upstate New York

Our firm is pleased to offer a comprehensive mental health clinic established in 2003. Located in upstate New York, the company provides a full range of services including Psychotherapy, Psychological Testing, and Mental Health Evaluations.

The company’s payer mix is approximately 90% Private Insurance and 10% Private Pay. Over the past three years, the company has remained consistent and annual revenue and is projected to increase revenue by 10% in 2020. In 2018, the company collected $414,518 in gross revenues and was profitable. In 2019, they increased their annual revenue and collected $467,085 in gross revenue. In 2020, they have increased despite COVID-19 and are projected to collect approximately $525,000 in gross revenues and treating approximately 160 patients per week.

The seller is looking to retire but may be interested in staying on, in some capacity, for the right opportunity.

The asking price for this opportunity is $500,000.

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