Listing ID: 83555
Company offers hope to adults, families and teens through its wide array of transformational services. Company has found that their innovative methods, integrated with reliable, traditional practice, produces long-lasting results
• Unique Services
• Maven Online” Tele-therapy
• WWW.Maryland sap.com
• DWI-DUI evaluations & treatments
Private Pay. More per session, payment in advance and lower no show factor
- Asking Price: $380,000
- Cash Flow: N/A
- Gross Revenue: $576,034
- EBITDA: $47,583
- FF&E: $46,054
- Inventory: $1,200
- Inventory Included: Yes
- Established: 1987
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:2,042
- Lot Size:N/A
- Total Number of Employees:8
- Furniture, Fixtures and Equipment:N/A
Suburban office on a bus line, close proximity to parks, shopping and restaurants
Owner will provide negotiated transition support.
Owner is retiring
• Highly Efficient internal systems and low overhead producing greater profit and margins • Mix of PRN 1099’s and employees for greater efficiency and flexibility • Tel-Therapy platform allows for greater geographic reach • Brand history, image and recognition. Company is viewed as a higher quality option, relative to competition • Referral Partners – Well organized referral database • 6,000 contacts in mail chip and HubSpot
• Pain Management: Program assessments. Education & support groups and clinical therapy. • Medical and recreational marijuana- Expand SAMM program for substance abuse for Medical Marijuana users • Operation Impact: Marijuana education • Marijuana recovery program for DOT violations • Geographic Expansion • Digital Marketing- Rebuild and Expand on-line presence • Expand Maryland SAP by recruiting additional SAP’s • Add Clinical Specializations • Spanish program expansion
The business was founded in 1987, making the business 35 years old.
The sale shall include inventory valued at $1,200, which is included in the asking price.
The company has 8 employees and resides in a building with estimated square footage of 2,042 sq ft.
The building is leased by the company for $3,681 per Month
Why is the Current Owner Selling The Business?
There are all kinds of reasons why individuals resolve to sell companies. Nevertheless, the real factor and the one they tell you might be 2 entirely different things. As an example, they might say "I have way too many various commitments" or "I am retiring". For numerous sellers, these reasons are valid. But, for some, these might just be justifications to attempt to hide the reality of transforming demographics, increased competition, recent reduction in profits, or an array of various other factors. This is why it is really essential that you not rely completely on a seller's word, yet instead, use the seller's solution along with your general due diligence. This will repaint a more sensible picture of the business's current situation.
Existing Debts and Future Obligations
If the existing business is in debt, which many companies are, then you will need to consider this when valuating/preparing your deal. Lots of businesses take out loans so as to cover things such as stock, payroll, accounts payable, etc. Keep in mind that in some cases this can indicate that profit margins are too tight. Many companies fall into a revolving door of taking loans as a way to pay back other loans. Along with debts, there may also be future commitments to consider. There may be an outstanding lease on tools or the structure where the business resides. The business may have existing agreements with suppliers that should be met or might lead to fines if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Just how do operating businesses in the location draw in new consumers? Often times, companies have repeat consumers, which create the core of their day-to-day revenues. Specific elements such as brand-new competitors sprouting up around the location, roadway building, and staff turn over can affect repeat consumers as well as adversely impact future earnings. One essential point to take into consideration is the location of the business. Is it in a highly trafficked shopping mall, or is it hidden from the main road? Undoubtedly, the more people that see the business regularly, the better the chance to develop a returning consumer base. A last thought is the general area demographics. Is the business situated in a densely populated city, or is it located on the outskirts of town? How might the local average house income influence future income prospects?