Success Story: Psychcheck, LLC
From “You Are the Practice” to $950K Retirement in Costa Rica
Client: Dr. John Beck, Neuropsychologist & Founder
Specialty: Forensic Neuropsychology & Psychological Evaluation
Location: Phoenix, Arizona
Years in Business: Since 1981
Practice Sold For: $950,000
The Challenge
After four decades building Psychcheck LLC into a trusted name in forensic and neuropsychological evaluation, Dr. John Beck began considering retirement. But when he confided in his long-time colleagues, their response was deflating:
“John, you can’t sell your practice—it has no value when you leave. You are the practice.”
Fortunately, Dr. Beck’s spouse didn’t take that advice at face value. She reached out to Strategic Medical Brokers (SMB) for a second opinion.
SMB saw what others didn’t: a highly specialized, in-demand boutique practice with systems, staff, and deep-rooted valuable consulting relationships. It just needed the right buyer—and a smart deal structure and transition plan.
The Process
Dr. Beck formally engaged SMB on December 27, 2019. Within weeks, we developed a laser-focused marketing strategy targeting licensed forensic neuropsychologists across the Southwest.
Our campaign highlighted:
– Unique specialization in legal system psychological services
– Consistent referral base across law firms, and agencies
– Opportunities to scale or integrate with other psych service platforms
Then COVID-19 hit.
Rather than stall the process, we adjusted the deal structure to protect the buyer with performance-based terms and flexible transition planning. The effort paid off: we went under contract on April 2, 2020, just as lockdowns began.
The Outcome
- Closed: September 30, 2020
- Purchase Price: $950,000
- Transition Plan: Dr. Beck supported post-sale clinical handoff
- Lifestyle Gained: Early retirement in Costa Rica
“They said it was worthless. Turns out, it was nearly a million-dollar punchline.” – Dr. John Beck
What This Means for You
If you’re a solo or boutique practitioner and think your practice has no exit value—think again. The key is understanding what buyers really want and how to structure a deal that protects both parties.
📞 Schedule a Confidential Exit Planning Call
📥 3-Year Exit Planning Timeline Infographic
🔍 Explore Soft Listing Options
