Location:
New York, NY
Industry:
Health Practitioner,
Therapsist / Counselor
Listing ID: 1272
View One Page Summary
UNDER LOI as of September 2022
This is an opportunity to acquire a large, established, and flourishing behavioral health practice that serves over
1,700 clients across the state of New York. The practice provides mental health counseling and case management
services to clients and their caregivers.
Services are delivered by seasoned and well-trained staff devoted to serving clients wherever they live, be it a
private residence, assisted living facility, adult home, or a nursing home. The practice serves clients of all ages
with a strong focus and competency treating senior citizens and disabled individuals.
The owner and staff, which includes licensed social workers and mental health counselors, can support and train
a new buyer to grow and ensure the smooth transition of the practice.
The business has been in existence for almost 20 years. It grew dramatically during the Pandemic.
Annual revenue for 2021 increased by 16% relative to 2020 and 52% since 2019. The business is poised to
capitalize on the strong demand for mental health services. It has a waiting list of over 1,500 clients and
generates nearly 300 referrals per month from home health agencies, hospitals, and crisis centers, among others.
Note: Pro Forma EBITDA for 2021 = 1,607,963
Listing Details
Revenue: $6,777,913
EBITDA: $1,607,963
Real Estate: (Not Included in Price)
Reason For Sale:
Retirement
Training & Support:
Owner and Staff an support and train a new buyer to grow and ensure the smooth transition of the practice, to be negotiated
Operation
Year Established: 2004
Owner Hours Per Week: average of 40 hours a week, Monday- Friday, serving as the Director, overseeing the administrative and clinical aspects of the business.
