Woodinville Counseling practice
Location: Washington > King County > Woodinville
Industry: Health and Medical > Medical Practices
Financials
Asking Price: $225,000
Gross Revenue: $200,000
Cash Flow: $190,000
Inventory: $500 (Included in Asking Price)
FF&E: $1,500 (Included in Asking Price)
Seller Financing: Cash or Bank Financing.
Business Summary
This is a very profitable and well established (28 years!), counseling practice. This Company has found the perfect "niche" to make it an extremely profitable practice in upscale and expanding Woodinville. The city is fast growing and affluent. There is a huge new fabulous development going in nearby in the valley between Redmond and Woodinville. Called the Wine Village it is comprised of shops, businesses, wineries and condos. Woodinville is a fast-growing high-end and upscale community. There is a huge opportunity to expand this business by working more hours. Current owner only works 25 hours/week on avg. The current owner has done very little advertising or promotion and has relied heavily on word of mouth and phone book listings. The business has a great website (www.woodinvillecounseling.com) and presence in the community with some free advertising in two local doctors’ offices. This could be expanded. Woodinville counseling is a high quality, high service business with a great reputation, just looking for the right person to take it to the next level.
You’ll need to be a licensed mental health practitioner/counselor (LMHC). This requires an MA/MS and passing the state’s test, unless you are licensed in another state. Expenses are minimal at $500/month.
Owner is setup with most major insurance companies and bills $150/hour.
You’ll need to be a licensed mental health practitioner/counselor (LMHC). This requires an MA/MS and passing the state’s test, unless you are licensed in another state. Expenses are minimal at $500/month.
Owner is setup with most major insurance companies and bills $150/hour.
About the Business
Year Established: 1979
Employees: 1 full time -
Relocatable: Yes
Facilities: located in high traffic leased office building for $395/month. Woodinville is a fast-growing high-end and upscale community.
Market Outlook and Competition: There is a huge opportunity to expand this business by working more hours. Current owner only works 25 hours/week on avg. Also with increased advertising. The current owner has done very little advertising or promotion and has relied heavily on word of mouth.
About the Sale
Management Training and Support: Owner would like to retire but If the Buyer wants the Seller to stay on longer the Seller is willing to consider a "short" term consulting contract.
Reason For Selling: Retirement
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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