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Listing ID: 2964547

Speech/Language Therapy in NY - 26930 For Sale

New York, United States

$ 350,000

Revenue: $ 560,000

Cash Flow: $ 250,000

Business Description

Long-established (17 years), well-regarded, NYS Dept. of Health approved and contracted agency, providing speech therapy and special education services to children (birth to 3 yrs) in Ulster and Orange county. Licensed NYS Speech Pathologists. Special Education services by NYS Certified Special Ed Teachers. Contract w/Ulster County for itinerant speech therapy for preschool children w/disabilities (age 3-5). Nearing retirement, owner reduced gross from $900k and 20 professional employees. Can be easily increased with significant need in Orange, Ulster and surrounding counties. If new owner operates the company as a home-based business, new owner would add the $37.4k of rent to owner's net cash flow. As PLLC, business can provide speech services for private pay, insurance, adult speech therapy and nursing homes, etc. Two owners only work 15 hours a week, each, and do not see patients. Can be replaced by one full-time owner. Business can only be purchased by licensed speech pathologist. Proof of funds required. Seller has reduced wages by hiring CFY Speech Pathologists. Revenue has decreased slightly, but there has been a profit increase. Contact broker Joseph Stansky for more details.

Property Details

Property Type:

Lease

Operation Details

Employees:

10

Support & Training:

Yes

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