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Listing ID: 3025592

Speech/Language Therapy in Ulster County, NY - 26930 For Sale

Ulster, New York, United States

$ 175,000

Revenue: $ 280,000

Cash Flow: $ 125,000

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 that already has NYS Early Intervention Provider Approval. Contact broker Joseph Stansky for more details.

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Financing Available:

175,000.00 Down & $100,000 over 3 years @5%

Reason For Selling:

Seller is retiring.

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