Businesses for Sale

Psychiatry Practice located in Paradise

 

Medical Related Biz - Medical MD Practice

Contact Information

Gary Bayus
CBI, CBB
Prestige Business Sales, Mergers & Acquisitions

phone: (805) 773-5447
CONTACT US TODAY


Status Active  
Listing ID 3501-7299
Listed Price $947,000
Down Payment $600,000
SDE $400,000
Total Sales $650,000

Asset Info
Furn., Fixtures & Equip.† $20,000

Included in price
Not included in price


Reason For Sale

Retirement


Operations

Year Established 1994
Form of Ownership S Corp
Absentee Owner N
Franchise N
Days & Hours Monday-Friday 8-5
Years Owned 18
Business Age 18

Location

San Luis Obispo County
Type of Location
Lease Expires
Security on Lease
Location Comments

Executive Summary

Business Description

The practice is located in the heart of the central coast of California in an excellent area with middle to high-income residents.  The doctor has been working with patients in the area for over 17 years and now is ready to transition into retirement.  The practice has an active paitient count of approximately 425 patients, treating patients focusing on major depression, anxiety disorder, post traumatic stress disorder, ADHD, bipolar disorder, and some addiction patients.  The doctor currently sees patients in 15-minute increments.  Ten percent of clients are from referrals from primary care physicians and psychologists in the area.  It is common for patients to return after an absence to continue treatment.  Doctor accepts most major insurance companies in CaliforniaThe practice offers stability and substantial growth potential.  The business does not advertise, nor market.  The business is thriving from a lack of competition in the community.  Seller is willing to assist a new doctor with patient introductions and treatment.  This practice is perfect for adding to an existing practice or for any doctor considering relocating to area that wants a solid well established psychiatric medical practice.