Company Overview

PRIME exits® and American Healthcare Capital are pleased to exclusively introduce a long-established mental health practice for sale located in the Hudson Valley region of New York. The company offers psychotherapy, counseling, and neuropsychological evaluation services to a broad adult (70%) and pediatric (30%) population. The practice maintains a strong reputation in the community and benefits from longstanding referral relationships with insurers, physician groups, attorneys, and other professional sources.

Census, Payer Mix, and Operational Capacity

The practice provides approximately 70 patient visits per week with a payer mix of roughly 70% commercial insurance, 20% Medicare, and 10% private pay. Services are delivered through both in-office and telehealth formats, with 80% of sessions occurring on site. Demand remains extremely strong, and the practice is currently turning away approximately five referrals per day due to limited provider availability.

Ownership and contracted clinicians have historically supported a much larger census. As several long-tenured contractors enter retirement and scale back their hours, the practice is operating well below its historical capacity. With the addition of 2–3 full-time providers, management believes revenue could double or triple with minimal marketing investment, supported by the steady flow of inbound referrals and the region’s significant unmet need for behavioral health services.

Financial Overview

Financial performance has remained stable, with revenues between $530,000 and $550,000 from 2022 through 2024 and strong profitability driven by low overhead and efficient operations. Gross revenue is on track to reach approximately $475,000, with the slight dip driven by providers transitioning toward retirement and reducing their hours.

Profit margins have been strong, with adjusted EBITDA of approximately $187,000 in 2024 and a projection to exceed $150,000 in 2025 after accounting for owner replacement.

Staff Overview and Exit Plan

The existing staff is expected to stay on under new ownership, but several of the providers are approaching retirement. The owners are willing to remain for an extended transition of 1–2 years to support continuity, ensure a smooth handoff, and assist with onboarding new providers.

Asking Price

The asking price is $600,000, excluding cash, receivables, and working capital.