This speech pathology practice, started by two colleagues 15 years ago is for sale due to the upcoming relocation of the owners. They are looking to pass it on to someone who shares the same beliefs in providing care with compassion and heart.
As a highly regarded practice in the community, they have an ongoing stream of referrals from their clients, NYCDOE, pediatricians, and local schools. The caseload is made up of about 80% pediatric and 20% adult clients. In addition to the owners,, there are 2 additional therapists eager to stay on, The practice currently provides approximately 110-115 sessions weekly.
The office space is 1,200 square feet, ADA compliant and has ample parking. There are 4 treatment rooms, each having windows, a sink, and cabinetry to store therapy materials. There is a large front office and waiting room. The office also has a file room, kitchenette and two bathrooms. The office is equipped with file cabinets, storage, therapy materials and assessments. The landlord is willing to renew the lease based on terms agreed upon between the landlord and buyer.There is a Physical therapist located in the same building as well.
The practice is in network with major insurance companies including Aetna, Cigna, BCBS, Oxford, GHI, and UHC. We also accept DOE contracts, RSA’s and private pay clients. We provide in office, telemedicine and in school therapy sessions. There is an ongoing relationships with local colleges and universities and the practice owners have served as clinical supervisors for their graduate program externships.
Full financial information but not limited to profit and loss statements, balance sheets, and tax returns for the last two years are available for review. This is a turn-key operation with much opportunity for continued growth. Gross revenue projection for 2021 is $190,000.00
Current owners can stay on for a reasonable transition period.
The practice is being offered at $95,000. For additional information, please reach out to the practice owner directly at: SLPoffice4sale@yahoo.com