Overview – An autism specialty practice that provides Applied Behavior Analysis (ABA) services in Kings County, Washington (west central) is for sale. One of the first in the region, this ABA company has built a strong reputation in the community, a steady referral base and stable staffing and clientele. The clinic currently delivers approximately 2,500-3,000 ABA hours per month.
Facilities and Location – The 2300 plus square foot fully renovated clinic is housed in “Class A” office space, with private parking lot and upgraded amenities. The facility is fully ADA-compliant, has a reception area, waiting area, six therapy rooms, two restrooms, a file room/business office, large common area and staff kitchen. There is also outdoor space which has been modified for year-round use. The practice owner owns the real estate and would give any buyer a favorable lease, and the rights to first refusal to buy the premises if it comes up for sale.
Financial Information- . Gross revenue for 2019, 2020 and first 2 quarters 2021 are as follows:
2021- (Jan-June 2021) $671,010
The staff produced 15,316 billable hours in 2020 and year to date January to June 2021 there were 10,231 hours billed. Full practice statistics and breakdown by employees are available upon request.
Payor sources include private pay, health insurance, and client-specific contracts with specific school districts. The clinic has contractual agreements for ABA services with most major insurers, including Blue Cross/Blue Shield, Premera, Regence, First Choice, TriCare, and Optum/UHC. A full schedule of fees for all services rendered is available upon request.
Staff – Current staff includes an Executive Director/BCBA, Office Manager/Receptionist, Medical Billing Specialist and an ABA Administrative Assistant/Scheduler. ABA clinical staff include an ABA Clinical Director/BCBA Supervisor, 6 BCBA/Program Supervisors, 1 LABA/BCaBA Program Manager, 11 CBT’s, and two BCBA students who are not yet licensed as LABAs. It is anticipated that all staff would stay on under new ownership and the practice owner is willing to stay on for a reasonable transition period.
Offering Terms: All offers over $395,000 will be considered. Terms negotiable. Owner is willing to stay on for a reasonable transition period.