The sale is a process that starts with a Letter of Intent (LOI) which includes the offered sale price. As a sole practitioner, you will need to understand your taxation and financial responsibilities, including paying yourself a salary. Practices for Sale. If your practice rents space, the lease your business holds can affect a sale. This is when the purchase agreement and any other applicable documents such as employment agreements, consulting contracts, earn-out plans, non-compete clause, or shareholders agreements are signed. Mental Health Counseling – Large Group Practice Oregon Counseling Services $2,110,000. The psychology practices listed come with a range of modalities and services. Connect With Us; Twitter Linked In Facebook Subscribe to RSS feed for Medical Practices For Sale in CA As a seller, you are in good shape with a fair lease. Learn more. Selling a practice is a complicated process for [...], We were able to have a successful sale of our speech pathology practice thanks to the dedication of [...], Tanya and Anthony were so wonderfully helpful with the whole valuation process - from the beginning to the [...], As sellers of a long owned regional sole physiotherapy general practice, engaging HCPS to steer us through the [...], From the initial contact with the team at Healthcare Practice Sales we have had a great experience. Front office location. From beginning to end, this process can take anywhere from a month to several months depending on the complexity of the transaction. Established in the community for 12 years. Psychology Practice Business Opportunity For Sale In Denver, Denver County, California, CA. Our experienced team of practice brokers and appraisers provides full lifecycle guidance throughout the selling process. He administers neuropsychological and psychological evaluations. ID: 4117, Long Running Well Established Psychology Practice, Coastal Suburb North-East QLD. When you’re ready to step into the next stage of your career, and sell your business, you can submit your own classified – free and easy. Silver State Psychology, LLC is owned by Ivan Hronek, Psy.D., a licensed psychologist in the state of Nevada. Sacramento County, CA:We just doubled our net and successfully moved to 100% telemedicine visits. Since 2010 Healthcare Practice Sales has been successfully selling Physiotherapy, Chiropractic, Podiatry, Psychology, Speech Pathology, General Practice, multidisciplinary and other healthcare clinics with outstanding results. SAVE IT to your computer, then email the saved file to Practice Consultants. How to Sell a Private Practice or Counseling Center, Applying the 5 Love Languages to Self-Love: How to Love Yourself, 50 Loving Sentiments We All Should Say More Often, 25 Affirmations to Align Yourself with the Greater Good, Zero Motivation to Go to Work but Can't Call in Sick Again? Generally, this is a lower priced sale. This [...], I engaged the team at HCPS to sell my Chiropractic practice in Brisbane after I attempted to sell [...], I used HCPS a few years ago as a buyer when I purchased my first clinic in Melbourne. Provider staff includes psychiatrists, clinical psychologists, Licensed Marriage and Family Therapists (LMFT’s) and Licensed Clinical Social Workers (LCSW’s). Training area. We provide a cost-effective route to market for business owners and their representatives and a one stop shop for aspiring entrepreneurs and business buyers. They have provided [...], Many thanks to the whole team at Health Practice Sales. This means you can guarantee that, when selling, your centre is reaching the right audience – someone looking to enter the allied health or medical arena or expand their existing portfolio – meaning a better price for your business. We [...], I contacted the team at HCPS when it came to sell my practice in Seymour which has been [...], I am very grateful for the expertise of Anthony, Kimberley and the team at HCPS in guiding me [...], I found every part of the sale of my Podiatry practice, in the short time-frame I allowed for [...], From beginning to end, it has been an absolute pleasure working with the team from Healthcare Practice Sales. Founded by a team of clinical psychologists in 2017, The Psychology Practice is a psychological consultancy practice based in Singapore, and home to popular Psychology Blog which chronicles interesting and important clinical issues, news and articles … What if I’m not ready to retire or leave? Buy and sell almost anything on Gumtree classifieds. Alternatively, you might be wanting to put your business up for sale. A business broker can be very helpful throughout the process, although they do receive anywhere from 5-10% of the sale price. You can call us on 1300 652 361 or by sending an email to firstname.lastname@example.org. Find A Business Broker near you. #2016607012 Businesses often sell for anywhere from 1 to 10 times EBITDA, with mental health practices averaging more like 1-3 times EBITDA and the rapidly growing tech companies being the type that can sell for 10 times EBITDA. ... View Practices For Sale. Refresh is actively seeking partnerships with solo and group practice owners across the country. COVID-19 Practice Resources for Psychologists Clinical Psychology Practice for Sale By Manitoba Psychological Society February 12, 2014 February 27th, 2014 News Phoenix, Arizona (Maricopa Co.) | Professional Services Businesses for Sale – Legal and Accounting Businesses for Sale | Find More Business with Asking Prices Between $1M and $5M. We are now selling our long established successful psychology practice located in a beautiful historic village near Newcastle. The reason I did not choose this option was because I wanted to preserve the branding of Urban Balance and did not want it swallowed up by a larger brand. Due to the growth in the nu more ›› Health, Beauty & Fitness > Health & Medical Medfin’s Practices for Sale classifieds are the best place to start. Established in 1996, the website is an international marketplace of businesses for sale. 7 years in Southside QLD for Sale. There are many ways to make a deal and people can choose to leave completely or they can choose to: It’s important to have a team of advisors including: How long does it take to sell a business? This phase is similar to being “under contract” when selling a home. Reception area and group service area. Sign up to receive updates on new listings by email. My broker told me that, on average, it takes a year to sell a business. From the time I founded Urban Balance in 2004 to when I sold it to Refresh Mental Health in 2017, it grew to … You must be a California licensed physician or have one as a partner to buy this reputable practice with several locations in Sacramento and Placer County CA that includes 5 medication prescribing clinicians in addition to a multidisciplinary team with 18 treatment rooms. Please get in touch with us if you have any questions about the practices and clinics for sale, organise a valuation of your practice, or to enquire about the sale process. Annual collec I chose not to go in this direction because these professionals were often missing the mission driven and relational components of a counseling practice. Other larger practices, hospitals and EAPs may be interested in buying practices. I was concerned the focus would be on growth and profits and the quality of care might be compromised. This practice provides primary care medical services to adolescent through geriatric patients. How much salary the owner was drawing and how that affects profits, Quality of staff, staff retention, morale, and if the they will stay if the owner sells, What’s the value without the owner’s contributions if they plan to leave after the sale, If there are there good leases with low rent and multiple year terms, Strength of the referral stream and if referrals coming from multiple channels, The amount of contracts and the contracted rates with insurance companies, EAPs and other referral streams, If the branding goes beyond the owner’s name as a recognized entity in the community, Compliance with professional, ethical and legal standards of practice, If you own assets such as equipment or commercial real estate, Web presence, Google rankings and online reviews, When you are ready for a change in your life. #2016607012 Dominant practice in the region, over 22 years old ... $225,000. $900,000.00 For Sale: Solo gastroenterology practice in Anchorage, Alaska Highly specialized clinic that provides services to Children, Adolescents, and Adults. You will need to decide on a fee structure and a billing policy and know your accounting requirements. My counseling practice was my baby. Education/Psychology Practice for Sale Anne Arundel County, MD Seller Financing Available. If you are interested in any of our listed practices, please complete our Confidentiality Agreement. It took a year and a half for me to sell Urban Balance, but I took my time and considered multiple offers. Practice Type Please choose ... Accounting Practice For Sale Chiropractic Practice For Sale Dental Practice For Sale Financial Planning Practices Medical Practice For Sale Optometry Partnership Opportunity Optometry Practice For Sale Pharmacy Approval Number For Sale Pharmacy For Sale Pharmacy Partnership Opportunity Physiotherapy Practice For Sale Leave the Rat Race behind, your own practice is here. Reputable practice with several locations in Sacramento and Placer County CA that includes 5 medication prescribing clinicians in addition to a multidisciplinary team with 12 treatment rooms. Speak to our team and we’ll guide you through the process of selling your psychology practice. Speak to our team and we’ll guide you through the process of selling your psychology practice. How can I find out the value of my practice? For questions or further information about Refresh Mental Health, please contact Will Hartje at email@example.com or Jeff McNeill at firstname.lastname@example.org. The final phase is “attorney review”. Based on the Sunshine Coast, the psychology businesses listed for sale are located all across Australia. Buyers want below market rent, as well as the flexibility to terminate the lease anytime. Want to speak to our team? As well as psychology listings, we also have osteopathy, occupational therapy, physiotherapy, chiropractic, podiatry and speech pathology. Choose your speciality, state and start exploring your options of existing healthcare businesses for sale. For Sale. Choose your speciality, state and start exploring your options of existing healthcare businesses for sale. I chose to tell my leadership team because I wanted their help in making a good choice for all of us. In this context ePractice psychology practice management software as a management tool has taken the art of managing administrative functions of a psychology practice to the next level by automating these tasks and allowing the psychologist lot more time dealing with patient's problems and devising treatments. 10 Things to Do. Sometimes the unexpected happens and it’s best to be prepared rather than to make a “fire sale” out of urgency. My counseling practice was my baby. If you own a psychology practice and are looking to expand your business’ service area across the state or nationwide, view the listings for sale at Healthcare Practice Sales. Stay on as a full or part-time employee or consultant, Work as a full or part-time employee or consultant for the parent company, Stay on as an investor in the practice or the parent company, Keep in mind that you will likely be asked to stay in your current role for a transitional period from anywhere from one month to one year and that you will likely be asked to sign a non-compete agreement (which is standard business protocol). With a dedicated clinic sales team to focus on the needs of our healthcare clients we take the hard work and stress of selling your practice so you can focus on your existing practice. They often work with people who are moving into retirement and average around 1x EBITDA. It’s important to have an exit strategy even if you don’t plan on selling, why? A good accountant or CPA who will explain things like closing costs and taxes related to the sale. Use the Search Businesses For Sale option to find Health and Medical Services businesses for sale, franchises for sale or shops for sale in Australia. Browse our list of new Franchise or Business Opportunities and compare offerings or request more information. So let us sell your practice for the best price with minimal involvement from you. It’s never too early to become informed about your choices. It’s possible to sell your business in 1-3 months if you choose a simpler process, like selling without a broker. This, of course, is unlikely! It takes time (sometimes years) to prepare your practice to sell. I’m grateful that I continue represent Urban Balance as the Founder through my writing, speaking and media work and am extremely happy about this next chapter of my career! The length of this depends on the complexity and organization of your business. Chiropractor , Seymour Chiropractic Centre, A Range of Psychology Businesses For Sale, Psychology Practices Offering Different Modalities and Services, You aren’t just limited to one state – we list psychology, from all over Australia. Depending on the findings during this phase of discovery, the initial offering price may be renegotiated. Looking to Buy or Sell a Psychology Practice? With more and more Australians making the decision to seek help for their mental health, psychology is fast becoming an in-demand profession in Australia. Need a Business Broker to help you buy or sell a business? New York Optometry Practice For Sale Private optometry practice for sale in greater NYC, lower Hudson Valley, New York area in a wonderful suburban … Buy and sell almost anything on Gumtree classifieds. Want to speak to our team? As well as psychology listings, we also have, Long Running Psychology & Wellbeing Clinic 52km North East of Melb CBD. ID: 4062. Well established practice originally setup in 2012 by current owners [...], Originally setup in 1996 by current owner. Businesses are valued according to their EBITDA or “yearly profit.” Your accountant or a CPA will be able to calculate this after reviewing your tax returns. Fill it out; “sign” your name using double slash marks: //your name//. To be freed to pursue other opportunities, Retirement or to have more work/life balance. Medfin’s Practices for Sale classifieds are the best place to start. Private Equity firms are sometimes interested in mental health practices, just as they have been buying and corporatizing dental, chiropractic and physicians practices in recent years. Certified Practice Valuations. We opened a second practice in the lovely Upper Blue Mountains in February 2020 due to a growing need for services … Busy Psychology Practice / Est. Seller Financing. As a psychologis… If you’re looking to move your whole psychology practice to another suburb or state, you’re interested in expanding your brand, we’re the best place to. Healthcare Practice Sales provide sale listings for allied healthcare practices and medical clinics exclusively. The first step to starting your business is to get an Australian Business Number (ABN). Once the LOI is signed, the seller is under “exclusivity” and can not talk with other prospective buyers or anybody else about the transaction. Profitable Cash-Based Psychology Practice For Sale Contact Seller. Find psychology practice sale ads. It’s wise to keep your interest in selling close to the vest so that staff don’t get nervous or competitors don’t take advantage. advice, diagnosis or treatment. I was very happy with my broker, Mike Adhikari, and would recommend him highly. Based on the Sunshine Coast, the psychology businesses listed for sale are located all across Australia. Joyce Marter, LCPC is the Founder of Urban Balance and public speaker. Brisbane Psychology Practice / Est. [...], I had the type of business that not often goes up for sale, so it took a little [...]. For sale in Bentleigh is an established Medical Practice. Save this Business Print. [...], We have had such a great experience with Anthony and the team at Healthcare Practice Sales selling our [...], I engaged HCPS to value my practice as one of my staff was eager to buy it. Venture Capitalists will often buy behavioral healthcare practices at a lower rate. A corporate attorney, possibly one who specializes in mergers and acquisitions in smaller businesses in the service industry. Description: 2020 Net Profit $140,511 (semi-managed) Brisbane Southside location – psychology practice is part of busy medical centre hub. Running a psychology practice means you are also running a business. I chose Refresh Mental Health because they are experts in behavioral healthcare, own and operate practices throughout the country who maintain their own branding, and are focused on clinical excellence and quality of care. * Outstanding Psychology Practice – Regional Victoria. We’re experts in medical practice sales, optometry practice sales, surgery center sales, practice appraisal, and financing. This business operates 6 days (Mon – Fri 8AM -5.30PM and Sat 8Am – 12PM). Psych Central does not provide medical or psychological When you’re ready to step into the next stage of your career, and sell your business, you can submit your own classified – free and easy. Whether you’re looking to buy, or you’re interested in putting your psychology business up for sale, we can provide no-obligation valuations. As a buyer you are able to discover the reasons why the former business owner is selling so that you can make an informed decision. Selling my practice was a very big decision. The next phase is a period called “due diligence.” Due diligence is a process where the prospective buyer verifies that all is as presented. Large patient database [...]. You aren’t just limited to one state – we list psychology & other healthcare clinics from all over Australia. My client established the mixed billing practice in 2016 ($30 co-payment prior to COVID) and has been running it for 4 years. Some come completely fit out, with specially designed treatment rooms, reception areas, waiting rooms, and staff offices, whereas others are ready to be repurposed for your requirements. It was a thoughtful process; one that required much research and consultation. Optometry Practice for Sale - New York New York Medical Practices, Clinics, Therapy Centres $617,577 New Listing. For sale is a multi-location practice specializing in outpatient behavioral health services. Services include For sale: Established pain management practice in Woodbridge Virginia with average collections of over $700,000. Avoid troublesome lease situations like: The practice has a 5-year lease in a bad location. I would highly recommend Healthcare Practice Sales to anyone looking to sell their healthcare business. Quality accounting practice that provides professional accounting and tax advice to a wide range of individual, companies, partnerships, trusts and SMSFs, always seeking to deliver the best outcome for clients. I’d like to share with you all that I learned about how to sell a counseling/mental health private practice (solo or group) and the key components to consider. Alternatively, you might be wanting to put your business up for sale. Some people sell to their staff. You will also need to be able to manage administration requirements, budgeting, and business plans. I have peace of mind in knowing that the staff and clients of UB are in good hands and I’m enjoying doing the work that I most love as VP of Marketing & PR for Refresh Mental Health. 7 years in Southside QLD for Sale. Find psychology practice for sale ads. Many people, including myself, wondered how I would feel after selling my “baby.” I feel proud, relieved and freed. If you own a psychology practice and are looking to expand your business’ service area across the state or nationwide, view the listings for sale at Healthcare Practice Sales. Healthcare Practice Sales sells Allied Healthcare and Medical practices and clinics exclusively. We are excited to announce the addition of Antrice Hronek, Psy.D., a licensed psychologist in the state of Nevada, to our practice. You may find her at her personal website here, or you may follow her on Twitter. Brilliant for a younger practitioner who want to own their own quality business or as a tuck-in for a growing established practice. More Psychology Practice Businesses For Sale On BizBen.com Whether you’re looking to buy, or you’re interested in putting your psychology business up for sale, we can provide no-obligation valuations. From the time I founded Urban Balance in 2004 to when I sold it to Refresh Mental Health in 2017, it grew to over 100 therapists working from nine locations in two states. This phase is akin to the inspection process of selling a home. Contact Seller. Classifieds listing of Practice opportunities including practice products, practices for sale, office space available, continuing education products, directories, and billing services. Profitable, growing multi-location mental health practice with both brick and mortar offices and a fast growing telehealth practice available for sale or investment. View Similar Listings. Your role is negotiable. Associated Psychology Practice has been helping people in the Penrith & surrounding regions to move from surviving to thriving for over 20 years. If you’re looking to move your whole psychology practice to another suburb or state, you’re interested in expanding your brand, we’re the best place to start searching. Exploring your options of existing healthcare businesses for sale classifieds are the best price minimal! Sacramento County, California, CA: we just doubled our net and successfully moved to 100 telemedicine... Fee structure and a fast growing telehealth practice available for sale classifieds are the best price minimal. Closing costs and taxes related to the whole team at Health practice Sales sells healthcare! State and start exploring your options of existing healthcare businesses for sale the length of this on... Are now selling our Long established successful psychology practice located in a beautiful historic village Newcastle. And business buyers contract ” when selling a home you will also need be! As well as the flexibility to terminate the lease anytime may follow her on Twitter including paying yourself salary! Loi ) which includes the offered sale price as a sole practitioner, you will also need to your. Refresh is actively seeking partnerships with Solo and Group practice owners across the country psych Central does not provide or! Sat 8AM psychology practice for sale 12PM ) 4117, Long Running psychology & Wellbeing clinic North., Mike Adhikari, and would recommend him highly and taxes related to the inspection process of selling psychology! A multi-location practice specializing in outpatient behavioral Health services sacramento County, California, CA good... And EAPs may be renegotiated guide you through the process of selling a.. Average, it takes a year to sell a business in any of listed. Become informed about your choices options of existing healthcare businesses for sale in,... 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