(SOLD) Profitable Cash-Based Psychology Practice

Business Information:

The company has been in business since 1982 and their services include professional psychological expertise within the judicial and legal systems, neuropsychological and psychological evaluations for all ages, legal assessment (personal injury, worker’s compensation, employment, family, disability, criminal and elder law cases), gifted placement testing for children, fitness for duty and pre-employment testing for municipal and corporate clients throughout the Southwest.

A diverse range of legal, corporate and municipal clients.  The company has grown steadily over the last 4 years and in 2019, they are projected to generate approximately $712,000 in revenue with an adjusted EBITDA of $492,929 (69.25%).  No insurance billing, fee for service with retainer paid in advance.  Referrals come from individuals, attorneys, claims managers and insurance adjusters.

Seller is willing to remain on staff for an agreed-upon term to ensure a smooth transition for new ownership and is willing to mentor a clinical psychologist or neuropsychologist in all facets of forensic psychology.

The practice is pre-qualified for SBA financing.

Detailed Information: