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Health Care

25+-Year Children's Speech Therapy Practice

Long Beach, CA, USA
Listed 67 days ago
Established 1998

Established in 1998, this practice has been a beacon of exceptional care, serving countless patients with unwavering dedication. Specializing in tailored speech and language pathology services, this practice sets the gold standard in personalized support and treatment. While primarily focused on pediatric care, the center also caters to adult patients. Unlock the potential of this thriving business with a dedicated team of 19 skilled and experienced employees ready to drive your success. From full-time office and administrative staff to clinical directors and speech-language pathologists, this dynamic workforce is here to assure your success. With a stellar reputation and rock-solid foundation in the area, a new generation of management and ownership can take this business to new heights. If you sign our NDA or eventually have a live tour with your agent, as you walk through the business around every corner and inside every room you will find hundreds and hundreds of therapeutic tools and resources every practice needs. Replicating these assets would cost well over $200,000. One of the best potential assets in this sale is the Owner herself, she is open to involvement either on a part-time basis or a telehealth possibility. If you wanted to replicate a practice like this, you would need to find space, negotiate leases, hire qualified therapists, train administrative staff, obtain the necessary permits and licenses, gather thousands of therapeutic tools and resources, and secure the insurance clients already connected to this business. Doing so would take years and cost hundreds of thousands of dollars. This acquisition just makes sense. Instead of spending months or years negotiating with major insurance carriers filling out mountains of paperwork with this practice you instantly have major insurance carriers from day one, names like Aetna, Anthem, Blue Shield, Cigna, Tricare and more. If you're already in this business and looking to grow by acquisition you'll find fantastic opportunities like a large location that is on a month-to-month lease which would allow you to move or merge into another space, administrative staff that could be rolled into a larger organization, many other money-saving and time-saving options that will enhance the bottom line. If you're an SLP wanting to get into your own practice, you could not find a better opportunity. Just getting to break even for most new practices takes 12-24 months. Think about all that overhead cost you would save. The increasing number of people in the U.S. suffering from speech and language disorders, including articulation, aphasia, stuttering, and others, generates a huge demand for effective treatment therapy.

Location

South Bay/long Beach/Torrance area

Employees

19

Lease Terms

Long-term lease available

Real Estate

Lease

Trading Hours

See our Confidential Offering Memorandum for more details, including a video tour of the location.

Leasehold Rent

$10,224 per annum

Management Type

This business is owner operated.

Premises Details

See our Confidential Offering Memorandum for more details, including a video tour of the location.

Support & Training

Seller is interested in staying on as an employee

Expansion Potential

See our Confidential Offering Memorandum for more details, including a video tour of the location.

Size In Square Feet

5,320

Competition / Market

See our Confidential Offering Memorandum for more details, including a video tour of the location.

Reason for Selling

Retire

Financials

Asking Price
$299K
RevenueMost Recent Year
$1.2M
Earnings (SDE)Last Reported
$134K
Assets ValueIncluded in Asking Price
$150K
Seller Financing
Not available

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