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Mental Health Clinic in Dallas Metro

Location: Dallas Metro

ID: (#201076)

201076
Price:$2,100,000
Revenue:$2,221,190
Cash Flow:$672,444
FF&E (Assets):$12,000
Inventory:$0
Real Estate:$0

Overview

The practice provides comprehensive psychiatric services, addressing conditions such as depression, anxiety, OCD, bipolar disorder, PTSD, and ADHD. They proudly offer Transcranial Magnetic Stimulation (TMS) as an innovative treatment option.

The business is valued at $3,000,000 and the owner, a dedicated psychiatrist, is seeking a business partner to acquire 70% of the practice for $2,100,000. This partnership would allow the owner to concentrate on patient care while the new partner handles administrative duties and implements growth strategies that the owner currently lacks the time to pursue.

The company encompasses a private practice, a TMS division, and a contract with Texas Tech. Established in 2014, the practice now employs seven providers, including four doctors and three nurse practitioners.

Details

Reason for Selling:

Seeking a strategic partner

Established:

2014

Employees:

9

Furniture, Fixtures, and Equipment (FF&E):

Assets include: office equipment, office furniture, computers and supplies.

Facilities:

NA

Inventory:

NA

Competition:

There is one main competitor in the area. They have 3 locations in the Dallas Metroplex and provides TMS as well. The owner has plans to ramp up marketing with direct mail, FB and Google Ads.

Opportunities for Growth:

The seller is excited about the growth opportunities he is making happen and recommends the following strategies: 1. Be aggressive to add more providers 2. Add another location or more space than the current Southlake location 3. Frisco is an area of interest

Support and Training

The owner wants to continue to work to grow the company. The owner will leverage his relationships and introduce the new partner to them.

Broker Contact Information

  • Idaho - Boise
  • By Appointment Only
  • 800 W Main Street, Suite 1460
  • Boise, Idaho 83702
  • Real Estate Broker: Bristol Group