Maryland Psychiatry Practice For Sale – $1.1M Annual Gross Revenue – Washington DC Metro
Annual Gross Revenue: $1.1M
Asking price: $550K
Psychiatry Practice for sale in the National Capital Region or The DVM in the Washington DC Metro area. This sought-after 38-year old Maryland Psychiatric practice for sale provides a wide range of psychiatric serves to adults, adolescents and children. This multi-provider psychiatric practice for sale has well-established clinicians, medical doctors and therapists who quickly assess and provide psychotherapy and mental health and wellness services for all ages.
Physician/Owner and 11 clinicians on staff including designations of: Psy.D, M.D., APRN, BC, LCSW-C, CRNP, PMH, M.S. and PMHNP plus 3 receptionists, an administrative assistant and a business administrator. All providers are willing to remain and assist in smooth transition. The practice averages 100 patients per day.
The psychiatry practice provides an extensive array of on-site and virtual mental health and wellness care services including emotional wellness, anxiety, depression, drug/alcohol dependency, martial and relationship counseling, eating disorders, weight management, bio-psycho-social therapy, chronic pain management, senior mental health services, adolescent and child psychotherapy, ADD/ADHD support, behavioral disorders, learning disabilities, medication management, health coaching, and on-site and virtual social work.
The Maryland psychiatry practice office space consists of 1,985 square feet with a month-to-month lease. The office includes six therapy offices and three administrative offices in a two-story layout. Four desktop computers, 15 laptops, 12 iPads, 2 printers, 2 copier/fax/scanner and equipment are included. Therapy offices each include a couch/loveseat, 2 additional chairs, end tables and lamps. The administrative office is furnished with desks and file cabinets. The practice uses InSync EMR, a system tailored for behavioral therapy practice management.
The practice is currently registered as a Maryland MBE (Minority Business Enterprise) and is a participant in FedConnect through which businesses can explore state and federal RFP opportunities. The practice is located The DMV providing a myriad of opportunities to grow by way of the government landscape.
The practice has a strong referral base. Adding advertising and targeted digital marketing strategies can quickly grow additional revenue base. Community outreach is another growth avenue yet to be tapped.
100% Bank Financing Available with approved credit. Inquire below.
Medical Practice Brokerage, Performance Consulting and Financing Solutions
This medical practice for sale opportunity is offered by Tinsley Medical Practice Brokers, a medical practice appraisal, medical practice brokerage, medical practice performance consulting and medical practice financing firm. Our group is a leader in physician consulting, business development, financing solutions and medical practice appraisal and pre-and post transaction consulting.