Mental Health Clinic in Salt Lake City UT Area
Location: Salt Lake City Metro
ID: (#201127)
Overview
The practice offers comprehensive mental health services, specializing in the treatment of depression, anxiety, and ADHD. It also provides Quantitative Electroencephalogram (QEEG) testing, an advanced diagnostic tool that helps guide personalized treatment plans.
This well-established practice, founded in 2006, is available for sale for $700,000. The Owner, a seasoned professional, is preparing for retirement. The practice employs three nurse practitioners and subleases space to a psychologist, creating a collaborative care environment.
Details
Reason for Selling:
Established:
Employees:
Furniture, Fixtures, and Equipment (FF&E):
Included in the sale are: - Office Equipment - Office Furniture - Computers and supplies - ADD/ADHD testing equipment Estimated total value of all included tangible assets: $ 20,000. Detailed list available upon request.
Facilities:
NA
Inventory:
NA
Competition:
The owner reports marketing efforts have been minimal since the practice has always had enough patients to the owner’s liking: Current marketing channels include: - Website – www.attentionclinic.com - Word of mouth referrals The Owner reports there is very minimal competition in his space.
Opportunities for Growth:
Growth Opportunities: - Increase marketing efforts (the practice has never used FB, Google Ads or radio and minimal boot on the ground advertising) - Maximize the current space (there are 2 extra rooms that could be converted in to exam rooms) - Increase provider recruiting efforts (room for 2 more FT) - Improve billing practices (the code 90833 is being underutilized) - Apply for MC/MD - DeNovo growth - Acquisitions Expansion Opportunities - Provider’s schedules (only open half day on Friday) - Room utilization (rooms are only 75% capacity and there 2 rooms that aren’t being used) - The Psychologist space could be used and move the Psychologist across the hall
Support and Training
The Owner is available to transition the new owner(s), if needed. Ideally the Owner would like to retire sooner, rather than later, but willing to stay for up to 6 months.
Broker Contact Information
- Kevin Hulsey
- Idaho - Boise
- (208) 870-8548 Mobile
- kevin.hulsey@bristol.group
-
Appointment Only:
- Bristol Group
- Idaho - Boise
- By Appointment Only
- 800 W Main Street, Suite 1460
- Boise, Idaho 83702
- Real Estate Broker: Bristol Group