Mental Health Clinics in Chicago Metro

Naperville, IL
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Asking Price:$500,000
Gross Revenue:$1,381,257
Established Year:2021
Cash Flow:$203,924
FF&E:$24,000
BUSINESS DESCRIPTION

This mental health company serves both third-party and private-pay patients and is located in the Chicago metro area. Founded in 2021, the company has since expanded to multiple locations and employs a team of 15, including 14 clinicians and 1 administrative staff member.

The owner is seeking a strategic partner to purchase 70% ($562,500) of the company so they can focus on patient care.


DETAILED INFORMATION
Location
Naperville, IL
Inventory
Not Included in asking price
Employees
15
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Included in the sale are: - Office Equipment - Office Furniture - Computers and supplies
Competition
The biggest competition is dealing with society’s stigma on Metal Health. There are plenty of patients for everyone in the area.Current marketing channels used are: - Website - Word of mouth referrals - Chamber of Commerce (attends once a month) - Significant sponsor of 3 charity events each year - Social media will be starting soon
Growth & Expansion
There is space in each of the locations to accommodate 10 more providers, total. Adding a new location each year would be feasible to give time for community acceptance and get all the staff trained with full caseloads. The seller recommends the following growth strategies: - Increase web presence - Update the website - Increase networking efforts - Social media with Google Reviews
Support & Training
The owner is committed to staying on board, focusing primarily on patient care and providing supervision. Additionally, the owner will offer support by connecting the new partner with all necessary resources and professional referral networks.
Reason for Selling
Owner is seeking strategic partner
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Kevin
Hulsey
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Kevin Hulsey