Fresno, CA Psychiatry Office | Established 24 Years | Strong Word of Mouth Referrals | Top of Local Google Search

Asking Price:
$1,000,000
Sales:
$1,000,000
Profit:
$500,000
Year Established:
2000
Multiplier:
2.0x

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SellerForce® presents an established psychiatry office that has been helping clients in the greater Fresno area of Central California since 2000. For nearly 25 years now, they have been treating general psychiatry illnesses and chemical dependency, with a specialty in providing office-based opioid detoxification. The office typically sees anywhere between 20 and 30 clients every day, with the average client visit generating $150.

Within the early days of the seller’s practice, they reached out to primary care physicians and hospitals for referral, putting them touch with a network of potential clients soon after their launch. The practice has now reached the point where over 90% of their patients are sourced through word-of-mouth personal referrals as well as their position on the top of Google search results for psychiatrists in Fresno.

Current ownership spends over 40 hours per week evaluating patients, performing psychotherapy and medication management. Testing, running lab orders, and scheduling their patients’ next appointments is handled by 2 office staff and nurse practitioners/physician assistants as needed, based on referral volume.

The practice has strengthened their organic traffic flow by hosting a blog on their website related to mental health and welfare. They supplement their highly organic marketing strategy with professional presentations, TEBRA, and PatientPop.

One of the largest assets that this acquisition has to offer is their scale potential and opportunities to optimize their operations. For instance, if a buyer is interested in cutting down on their workload while simultaneously growing operations, they could assess the value of leveraging nurse practitioners and/or physician assistants to provide services that don’t require the doctor.

The practice could increase the number of clients that seek their services out by building upon their existing marketing tactics. They could aggressively pursue local referral sources like primary care doctors and hospitals and enhance and optimize their digital marketing to strengthen their online presence and better reach new clients.

This deal has over 2 decades’ worth of experience providing mental health services, and it shows in their quality and their excellent reputation. They have a healthy amount of scale potential to look forward to and are in a position where they could be shaped into a much stronger and much more streamlined practice than ever before.

The ideal buyer would have a California medical license, good screening, and hiring skills to hire new nurse practitioners/physician assistants, and the know-how to manage reviews on their website.

If you’re interested in learning more about this opportunity and what it has to offer, then please contact SellerForce today for more details from our broker team.

 

Listing ID: SF322

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