Business For Sale Listing 154016
Psychiatric Practice – Burbank, CA
Status as of Dec-1-2008 at 05:59 PM: Active
Business Summary
This Psychiatric Practice has been operating successfully since 1991 with a Doctor (owner) that is board certified in both general and child psychiatry. This is an out-patient practice with a mixture of 75% adults and 25% children and a 20% focus of this practice on Eating Disorders with the balance in all other categories. There is a mixture of psychotherapy (individual and couples and family therapy) and psychopharmacology (about 75% and 25%)
Approximate ratio of patients with Insurance are 90% and those paying out-of-pocket are 10%. Insurance Providers accepted are: United Behavioral Health (UBH), Pacific Care Behavior Health & Pacific Care, Anthum Blue Cross HMO & PPO, Blue Shield, Value Options, Triwest Healthcare, Cigna Healthcare (out of network and PPO), Aetna, Healthnet PPO, and Medicare.
The Doctor does not, out of his choice, hold any hospital privileges and when somebody requires hospitalization they are referred to any of several psychiatrists in the area.
Annual Receipts are $350,000 to $450,000 and there is low overhead with only the Doctor (owner) of this Practice and 2 part time employees. NET CASH FLOW to Doctor/owner is $300,000 plus a big upside potential! SALES PRICE: $600,000.
FOR MORE DETAILS please contact us.
Categories
Industry
Location
Financials
| Sales: |
Between $100 Thousand And $500 Thousand ($450,000) |
| Profits: |
Between $100 Thousand and $500 Thousand ($350,000) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Asking Price: |
Between $500 Thousand and $1 Million ($600,000) |
