Asking Price: $250,000

Gross Revenue: $241,700

Cash Flow: $173,400

FF&E: $1,000 (Included in Asking Price)

A twenty-three year old, profitable Psychiatric Practice is for sale in beautiful Hawaii! The practice specializes in general adult psychiatry handling psychotherapy and medication management. The sole practitioner is a self-described old time general psychiatrist, dedicated to comprehensive assessment and individualized treatment. The practice does not do “medication management” for other practitioners. The doctor feels that the practice distinguishes itself by its accessibility, responsiveness and competence.

The practice is located in the heart of the island in an area central to commerce, government and residential areas. The Doctor sees an average of 45-50 patients a week, with an average work week of 35 hours scheduled and 10 hours emergency. The patient list over the last two years numbers 440. Although currently a solo practice, it has been an associated practice in the past. The 676 square foot office is ideally located and is only $811 a month. With collections last year of $241,700 and a SDE of $174,000, the Doctor’s retirement presents the opportunity of a lifetime for a healthy, relaxed lifestyle in this wonderful location.

For a Confidential Business Profile which has complete information about this business, please contact vradmin2@gmail.com.

Year Established: 1975

Reason For Selling: Retirement