Mental Health Center

Price: $15,000,000

Location: New York City

Industry: Service Businesses

Listing ID: 592022

World renowned neuropsychological evaluation center using state-of-the-art technology and synoptic testing. Based on the evaluation results, they provide customized cognitive treatment plans which can be long term and ongoing. They also partner with schools, parents, and prep centers to evaluate students for learning challenges. The Business was founded by a well-respected and published scholar and neurologist who is now semi-retired. Referrals flow into the center independent of the founder and patients are diagnosed and treated by board-certified neuropsychologists, psychologists, speech-language pathologist, and brain trauma therapists. There are a total of about 40 employees split evenly between clinicians and admins.

Their main source of reimbursements come from workers comp with the rest coming from no faults, service liens, and commercial insurance plans.

Multiple locations in New York City.

Listing Details

Gross Revenue: $11,100,000

Cash Flow: $4,000,000

EBITDA: $4,000,000

Reason For Sale:

Retirement

Training & Support:

Will provide

Operation

Year Established: 1985

Employees: 40

Location

Square Footage: 4,500 sq/ft