Mental Health Practice with Existing EAP Contracts
| Asking Price: | $297,000 |
| Gross Revenue: | $477,000 |
| FF&E: | $10,000 |
| Cash Flow: | $147,000 |
| Rent: | $3,500/Month |
| Established Year: | 1979 |
Business Opportunity: Established Private Practice for Sale
Psychological Resource Associates (PRA), a highly respected group private practice in the Davis/Sacramento area, is now available for acquisition. For over 45 years, PRA has been a trusted provider of mental health services, maintaining a strong reputation and serving a community that deeply values mental wellness.
Key Features:
-EAP Contracts with local school districts: PRA holds longstanding Employee Assistance Program contracts with 2 educational agencies, offering a steady revenue stream. Recent enhancements to these benefits have significantly increased utilization rates.
-Support for Independent Clinicians: PRA currently has contracts with 14 independently licensed mental health vendors. PRA operates as a professional incubator, empowering newly licensed therapists and experienced clinicians transitioning from high-pressure environments to establish or grow their private practices. Independent clinicians receive 1099 NEC forms annually and retain professional autonomy while benefiting from robust administrative support, including insurance billing and a consistent client base.
-Exponential Growth in Revenue: Over the past six years, PRA has experienced substantial growth, fueled by heightened demand for mental health services during and after the pandemic. In the 2023–24 fiscal year utilization of EAP services surged as 20% of employees and their eligible family members embraced expanded mental health benefits, including co-pay options.
Additional Highlights:
-Located in a thriving, sophisticated community with a growing demand for mental health services.
-Fully contracted with licensed therapists, associates, and administrative staff.
-Proven ability to meet the mental health needs of educational employees and their families, with local districts eager to expand programs.
This opportunity is ideal for an entrepreneur ready to lead and grow a practice in an industry with rising demand and meaningful impact.
