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.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.