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Mental Health Clinics in Chicago Metro

Location: Chicago Metro

ID: (#201087)

201087
Price:$750,000
Revenue:$1,381,257
Cash Flow:$203,924
FF&E (Assets):$24,000
Inventory:$0
Real Estate:$0

Overview

This mental health company serves both third-party and private-pay patients and is located in the Chicago metro area. Founded in 2021, the company has since expanded to multiple locations and employs a team of 15, including 14 clinicians and 1 administrative staff member.

The owner is seeking a strategic partner to purchase 70% ($562,500) of the company so they can focus on patient care.

Details

Reason for Selling:

Owner is seeking strategic partner

Established:

2021

Employees:

15

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

Included in the sale are: - Office Equipment - Office Furniture - Computers and supplies

Competition:

The biggest competition is dealing with society’s stigma on Metal Health. There are plenty of patients for everyone in the area.Current marketing channels used are: - Website - Word of mouth referrals - Chamber of Commerce (attends once a month) - Significant sponsor of 3 charity events each year - Social media will be starting soon

Opportunities for Growth:

There is space in each of the locations to accommodate 10 more providers, total. Adding a new location each year would be feasible to give time for community acceptance and get all the staff trained with full caseloads. The seller recommends the following growth strategies: - Increase web presence - Update the website - Increase networking efforts - Social media with Google Reviews

Support and Training

The owner is committed to staying on board, focusing primarily on patient care and providing supervision. Additionally, the owner will offer support by connecting the new partner with all necessary resources and professional referral networks.

Broker Contact Information

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