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Psychiatry Substance Abuse Detox
Description: This sole practitioner owned practice offers general treatment, as well as pediatric/adolescent, chemical dependence outpatient/office detox, forensic and geriatric services.

Revenues have averaged $1.2 million over the past five years and discretionary earnings have averaged $530,000 over the same period.

All physician purchasers will be required to sign and return a confidentiality agreement along with a current Curriculum Vitae, prior to receiving additional information.
Practice/Business Type: Mental Health>Psychiatry
Opportunity Type: Practice For Sale
Region: North America
Country: UNITED STATES
State: TX
City: Houston

Location Type: Suburban
Property Type: Free Standing Bldg.
FT Doctors: 1
PT Doctors: 0
Support Staff: 6
Facility Size: 3000 Sq Ft
Seller Assist: Seller can assist buyer with transition

Houston, TX
Entity Type: S Corp
Broker Contact OK: Y
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Biz Asking Price:    $730,000     
A/R Amount:        Included in asking Price: N
FF&E Amount:        Included in asking Price: Y
Inventory Amount:        Included in asking Price: Y
 
Gross Income Current
0
Prev Yr1
$1,356,700
Prev Yr2
$1,178,400
Prev Yr3
$1,060,300
Seller Discretionary Earnings Current
0
Prev Yr1
$448,800
Prev Yr2
$531,900
Prev Yr3
$504,100

Reason For Selling: Retirement

Agent Profile

Medical Practice Brokers, Inc.
Ken Harbin
6211 Larkmount Dr.
Spring, TX 77389
281-251-7166
Fax: 888-603-1634
ken@practicebrokers.com
www.practicebrokers.com

More listings from this agent

Ken is an experienced business appraiser specializing in the medical field. His designations include the Certified Business Appraiser (CBA) from the 'Institute of Business Appraisers' and the Certified Valuation Analyst (CVA) from the 'National Association of Certified Valuators and Analysts'. Ken specializes in assisting in the sale of medical/dental practices. His area of operations includes: Texas, New Mexico, Oklahoma and Louisiana.

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