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30+ Year Speech Pathology Practice

Cincinnati, OH
listing image
Asking Price:$295,000
Gross Revenue:$555,000
FF&E:$6,000
Cash Flow:$127,000
EBITDA:$127,000
Established Year:1993
Listing ID: 2063968Listing provided by BizBuySell
BUSINESS DESCRIPTION

The retirement aged owner of this 30+ year business provides a full range of diagnostic and therapeutic services for individuals with communication disorders and language – based learning problems. In addition to speech pathology the business also provides orofacial myofunctional services. Through accurate diagnosis and early intervention, the staff helps children and adults realize their full potential as communicators by improving speaking, articulating, learning, and other language skills.

The business is offered as an asset sale, free and clear of debt. The owner will train in all aspects of the business and will be available to ensure a smooth transition. Other highlights include:

SBA loan qualified
Uses medical billing software
Long term relationships with many private schools
Over 80 years of staff experience with this practice
Clean books and records – all numbers are verifiable
Much growth potential – mostly word of mouth advertising

DETAILED INFORMATION
Location
Cincinnati, OH
Inventory
Not Included in asking price
Real Estate
Leased
Employees
9
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The offices are located in very nice areas of Cincinnati. They are attractively decorated and very comfortable for all of their clients.
Competition
There is competition, but this practice has succeeded because of the quality of their speech pathologists and the excellent reputation of the company for over 30 years.
Growth & Expansion
For the most part, the company’s growth and success has come from referrals from current and past clients. Growth could be achieved by spending money on advertising / marketing, in addition to adding to the list of school contracts.
Support & Training
The owner will train in all aspects of the business and will be available to ensure a smooth transition.
Reason for Selling
The seller is of retirement age.
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Dan Long
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