Listing ID: 80399
This is your opportunity to acquire one of the leading outpatient addiction treatment centers in Georgia!
Besides substance abuse, this clinic also treats the patients for co-occurring mental health needs and provides them with general medicine, group and family therapy.
This is all done in a leased state-of-the-art facility, with lobby, exam rooms, doctor offices, reception desk, medical records room and lab.
With $0 spent in advertising, currently, there are hundreds of enrolled patients – many who have been with the practice for over 10 years. This clinic is also in contract with 4 counties for court ordered addiction treatment.
- Asking Price: $925,000
- Cash Flow: $160,523
- Gross Revenue: $523,087
- EBITDA: N/A
- FF&E: $100,000
- Inventory: N/A
- Inventory Included: N/A
- Established: N/A
other business interest
Why is the Current Owner Selling The Business?
There are all sorts of reasons people resolve to sell operating businesses. However, the true reason vs the one they tell you might be 2 absolutely different things. As an example, they may say "I have way too many other responsibilities" or "I am retiring". For many sellers, these factors stand. But, for some, these may just be reasons to attempt to conceal the reality of changing demographics, increased competition, current reduction in incomes, or a range of other factors. This is why it is extremely essential that you not count absolutely on a vendor's word, however rather, make use of the seller's answer together with your overall due diligence. This will paint an extra sensible image of the business's present circumstance.
Existing Debts and Future Obligations
If the existing business is in debt, which numerous companies are, then you will have reason to consider this when valuating/preparing your deal. Lots of businesses finance loans so as to cover items like stock, payroll, accounts payable, and so on. Remember that occasionally this can suggest that revenue margins are too tight. Lots of businesses come under a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may likewise be future commitments to think about. There might be an outstanding lease on tools or the building where the business resides. The business might have existing contracts with suppliers that must be fulfilled or might result in penalties if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do companies in the area bring in new customers? Often times, operating businesses have repeat consumers, which develop the core of their day-to-day earnings. Particular elements such as brand-new competitors sprouting up around the location, road construction, and personnel turn over can impact repeat customers as well as adversely affect future earnings. One vital thing to consider is the location of the business. Is it in a very trafficked shopping mall, or is it concealed from the main road? Clearly, the more people that see the business often, the higher the chance to develop a returning customer base. A last thought is the basic area demographics. Is the business situated in a densely populated city, or is it located on the outskirts of town? How might the neighborhood average house income effect future income prospects?