.png)
Asking Price
$870,000
Profitable and Efficient Psychiatry and TMS Practice
Placer County, CA
Asking Price:
$870,000
Cash Flow:
$435,066
Listing No:
2211932
Gross Revenue:
$608,392
FF&E:
$250,000
Base Rent:
Year Established:
2015
Inventory:
This is an opportunity to average a 72% cash flow margin for a physician working part time or an experienced healthcare investor.*
The real opportunity is that this is a largely TMS-treatment based practice. The doctor doesn't administer the treatments.
The practice's TMS support structure is streamlined, the office is well established in the community, and the office manager can train the buyer and any staff they want to bring onboard on how to run the practice. It's turn-key for a psychiatrist and will save them at least a year or two of trying to figure it out through trial and error and expensive consultants.
For a psychiatrist owner, this means you can build your own private practice while continuing to work your current job or work full time for this practice and dramatically grow the revenue. In addition, the psychiatrists feel a great sense of job satisfaction and professional fulfillment seeing patients quickly and positively respond to TMS treatment.
For an investor, the opportunity is that you can have low overhead by continuing to have a part-time psychiatrist or you can have a full-time psychiatrist and grow the practice faster.
*Only investors currently involved in healthcare in CPOM states and familiar with MSO-PC structures will be considered.
TMS treatments represent an estimated 50-60% of annual revenue. Medication management accounts for the remainder, with those numbers fluctuating based on the year.
Business Details
Location: Placer County, CA
Real Estate: Leased
Building SF: N/A
Lease Expiration: N/A
Employees: 3
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: Located in a high-end, well-maintained business park in an affluent area of the Sacramento metro. The main office includes a beautiful waiting room, which provides an additional layer of comfort as patients wait for treatment. The 4 office rooms are large enough to serve as patient treatment rooms. One corner office is currently used for the doctor and one space is set up as a patient treatment room. The buyer could change the remaining 2 offices into treatment rooms either for TMS or another service.
Competition: Psychiatrists and TMS are in high demand in the area, and there is more need than available psychiatrists. New patients contact the practice even when advertising is turned off. Be positioned to hit the ground running with an efficient, systematized practice that would take years to build from scratch.
Growth & Expansion: The growth potential is exponential. A doctor who wants to have a full schedule could easily increase revenue on a large scale by working full-time. The practice could easily absorb the incorporation of mid-levels and additional novel treatments such as Spravato therapy, Ketamine therapy. Credentialing with all major payors would also be advisable. A large percentage of patients find the office organically through their health insurance listing
Financing: The business is SBA prequalified. Some seller financing potentially available to qual
Support & Training: The seller will stay on to transfer care for 2 weeks for 20 hours a week and be available for transfer of care inquiries/questions or to consult for a negotiable amount of time at her hourly rate.
Reason for Selling: Retirement