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Psychotherapist Practice In Lake County For Sale

Lake County, Illinois
Asking Price:
$199,000 (USD) Furniture / Fixtures included
$166,654 (USD)
Net Profit:
$126,051 (USD)

The therapist specializes in working with individuals who worry, act impulsively, appear inattentive, are moody, or are just struggling. She provides individual and family therapy as well as comprehensive psychological testing. When working with children, the therapist utilizes therapeutic games and activities to identify and teach how to manage problematic patterns of behavior that interfere with relationships, school, or self-esteem. She also works to assist parents and provide strategies for home.

The practice currently sees 7 patients per day on average. The active patient population is 67 patients. Patients are seen by appointment only. The therapist accepts insurance which makes up 95% of the patient population. Of the 95%, 90% of the patients are BlueCross/BlueShield. Five percent of the patient population are cash payment. Claims are filed electronically.

Property Information

Premises Details:

The office is located in a professional office building in an upper-scale community. The 900 square foot office consists of a waiting area with three individual offices available for therapists. Adequate parking is available. Good signage in a densely populated, high traffic area.

Business Operation

Expansion Potential:

The fields of talk therapy and testing are growing to meet the increased demand due to increased awareness of mental health issues and improved identification of both children and adults at risk.

Growth potential exists in the addition of therapists into the office and an addition of office hours. The practice is located in an area with higher then normal discretionary spending ability allowing for access to therapeutic treatment

Competition / Market:

There is reasonable competition in this growing field. The competitive advantage is this practice is unique in that the therapist incorporates play and/or talk therapy, psychological testing, executive functioning training and parenting to provide the most comprehensive approach. She works closely with parents so that you know treatment goals and progress status.

Reasons for selling:

The therapist wishes to relocate out of state.

Trading hours:

Monday-Thursday 1pm-8pm

Years established:
4 Years

Other Information

Support & training:

Will train for 4 weeks @ no cost
The buyer needs to be a licensed partition able to provide psychological therapy. This includes Ph.D, PsyD, LCSW and LCPC level qualifications. The practice treats conditions such as:

Behavioral Issues
Developmental Disorders
Learning Disabilities
Obsessive-Compulsive (OCD)
Oppositional Defiance
Peer Relationships
School Issues
Self Esteem

Furniture / Fixtures value:
$1,000 (USD) - included in the asking price
This business can be relocated.

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