SOLD!!!! This long established and very highly regarded practice is ideally situated in Bergen County, New Jersey, within 20 minutes of NYC. This multidisciplinary center includes ABA, OT, SLP, PSYCH, and PT. It has both Insurance based providers (primarily for ABA) and the rest is Private (SLP, Psych, OT, PT). The practice’s seniority in the field has resulted in an excellent reputation, with streamlined word of mouth referrals from area schools, healthcare providers, mental health providers, and insurance companies. The office provides center-based services with minimal cancellations and excellent attendance. The practice is credentialed and participates with over five insurance carriers for some services while others are out of network. The practice is an approved DOE Clinic within the State of NJ and currently is contracted with Special Services providers in Bergen County. The practice sees a variety of patients, typically ages 2 to 21 treating a diverse caseload of diagnoses and patient populations including but not limited to Autism Spectrum Disorder, ADHD, developmental delays, Down syndrome, and many more.
Despite COVID, the practice has increased productivity and capacity, and continues to grow at a fast rate. During the closure, telehealth services were provided and continue to be provided for some patients to ensure continuation of care for families uncomfortable with resuming in person services. The practice also has a variety of school contracts for the above-mentioned services and continues to foster relationships with schools (public and private) all around Bergen County.
FACILITIES The Center includes two fully equipped sensory gyms alongside three additional therapy rooms with table top, educational and therapeutic equipment, all in good condition, The back ofice is fully equipped. There is free parking including handicapped parking and an elevator to make the practice wheelchair accessible. The office is located within walking distance from center of a family friendly, sought after town. The lease is reasonable and transferable. The office has options for electronic billing as well as a credit card machine and check scanner.
PRACTICE STATISTICS: The practice consistently grosses over $500,000 and a net income over $100,000. The practice averages over 40 patients and three active school contracts serving over 200 students. Full practice statistics and financials are available for review.
STAFF: There are over 25 contractors in addition to a full-time clinical coordinator and the owner who assist with guidance and leadership. All staff are eager to stay on under new ownership.
TERMS Asking price is $225,000.00. Full financial and practice analytics are available to serious and qualified buyers. The practice owner is open to flexible terms if there is a minimum down payment of 50% upon closing, with the remaining 50% paid in full within 12-24 months. The owner is committed to a successful transition and would stay on as needed for up to 6 months.
Serious inquiries -Please email the practice owner at therapycenter48@gmail.com in confidence for details.