Company Overview

PRIME exits® and American Healthcare Capital are pleased to exclusively introduce a mental health counseling practice for sale serving a wide clientele in the Midwest. Founded in 1991, this award-winning practice operates from multiple locations in three states in the Midwest. It offers a comprehensive range of counseling and specialized evaluation services for individuals of all ages, utilizing a hybrid model of in-person and telehealth sessions.

Services

The practice serves individuals from 5 to 95 years old. Core services address a broad spectrum of mental health needs, including marriage, family, family reunification, grief, loss, obsessive-compulsive disorder (OCD), trauma, and PTSD. The practice also offers evaluations and treatment for alcohol and substance use, disordered gambling, ADHD, eye movement desensitization and reprocessing (EMDR), adoption, pain management, and medication management.

Payer Mix and Patient Demographics

The practice serves a consistent patient volume, averaging 321 clients per week, with approximately 70% adult and 30% pediatric clients. Clients come from a wide range of referral sources, including word of mouth, professional referrals (pastors, doctors, attorneys), and online/radio advertising. The practice has a diversified payer mix that includes commercial payers, government payers, and cash/self-pay.

Financial Overview

The practice has demonstrated strong financial trends over the past few years with gross revenue in the $2.2 million to $2.5 million range. In 2024, total gross revenue was over $2.3 million and is currently on pace to reach $2.3 million again in 2025. Adjusted EBITDA was nearly $250,000 in 2024 after adding back the owner’s personal and non-recurring expenses, as well as excess owner compensation. It is expected to be similar in 2025.

Staff Overview and Exit Plan

The practice employs a comprehensive team that includes a mix of clinical and administrative professionals, all of whom are expected to stay on. A well-defined succession plan ensures a seamless transition for new ownership, with several key employees identified as successors for the executive and clinical leadership roles.

Asking Price

The asking price for this opportunity is $1.25 million, which excludes cash, receivables, and working capital.