OVERVIEW
Due to the upcoming relocation of the owner, a very well-established and highly regarded pediatric speech and language turnkey practice is available for sale in a highly desirable part of King County, in the state of Washington just outside Seattle. This is a great opportunity for a solo practitioner looking for a solid foundation upon which to build or an existing practice looking for an ideal second location.
The practice is situated in a professional building with ample parking and a very reasonable rent. The landlord is eager to give a new owner a fair and comparable lease. The office is ADA compliant with many close by professional referral sources. The practice has an active, well-established and stable client population that ranges in age from 2 years and up, focusing primarily on speech and language delays, articulation disorders, oral motor disorders, fluency, and voice. Basic therapy supplies and assessment tools are included in the sale.
LOCATION
The region possesses a critical mass of well-capitalized and innovative companies that are global industry leaders in aerospace, biotechnology, global health, research, retail, software, technology, and wireless services. The headquarters of Microsoft, Amazon, Nintendo America, and Cosco are all nearby, providing a wealth of clients. Honeywell, Aerojet, AT&T, and SpaceX are also big local employers. Insurance reimbursement from these carriers is excellent and the practice is in network with all the local major carriers including Aetna, Premera, Life Wise, Regence, BCBS, Kaiser, and First Choice
The practice consistently grosses about $200,000 per year averaging 35-40 sessions per week. There are many opportunities for growth including room and demand for a second clinician at this site.
TERMS of SALE
The current owner is willing to stay on for a reasonable transition period and will consider all offers over $185,000.00. The owner is willing to offer flexible terms if 50% is put down at closing. All serious buyers will have access to all financial information, tax returns and practice data.