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Office Sharing Opportunity in Phoenix

CASH FLOW

Specifications

  • Price
    $28,000

  • Location
    West Valley, Phoenix

  • Employees
    1 FT, 1 PT

  • Intangible Assets
    Opportunity to join an established practice as a partner, can choose your focus of practice

  • Lease
    Build-out: Great opportunity to join a practice with a nice space, ready to go! The building is in a great area with foot traffic and is close to the interstate, schools, and many residential homes.

  • Reason for Sale
    Previous psychologist retired

 

  • You don’t have to find and hire your own staff
  • The office is set up and ready for clients
  • Perfect for either an established dr. looking to downsize, or a budding dr. looking for their first practice
  • Our client is looking for a partner in an existing psychology practice in the West Valley area of Phoenix, Arizona.
  • This opportunity will be to work alongside a psychologist with an established practice since 1981
  • Currently works three days per week.
  • Located in a complex built in 2008
  • The office is in an upscale community with easy access to the 101 and 51 freeways.
  • Internet service is provided by Cox and an Astra Phone system allows for the doctor to connect to the phone system at any time to check messages. 
  • A new server was installed in 2018 and the MediSoft software was updated in 2018. The office is professionally-cleaned three times per week.
  • The staff currently includes a full-time billing/office manager and a receptionist who is currently working part-time.

 

Business Highlights

  • Year Established: 1981
  • Location: West Valley, Phoenix
  • Services: Psychology or complimentary service
  • Systems for 24-hour access:  Astra Phone Systems, Cox Communications
  • Building: Built in 2008
  • Hours: Buyer’s discretion
  • Reason for Opportunity: Previous psychologist retired
  • Employees:  2:  1 FT Billing/Office Manager, 1 PT Receptionist (willing to work full-time)
  • Growth Opportunities: Address marital counseling, PTSD, and pediatric patients without referring out
  • Current Owner’s Responsibilities: Psychologist

Financial Highlights

  • List Price: $28,000
  • Assets Included in Purchase
    • Build-out: Great opportunity to join a practice with a nice space, ready to go!  The building is in a great area with foot traffic and is close to the interstate, schools, and many residential homes.
    • Intangible Assets: Opportunity to join an established practice as a partner, can choose your focus of practice

Employees

  • Billing/Office Manager (1 FT) 
  • Receptionist (1PT, willing to work FT)

Valuation Details

Cost to Create – Already established and completely built out, a new owner would avoid the headache of starting from scratch; furniture and fixtures in place; perfect as an investment business or for a psychologist looking to start or expand without having to worry about start-up costs or hassles

Funding Example

Purchase Price:                         $28,000

50% Buyer Down Payment:     $14,000

50% Seller Financing:               $14,000

*Seller financing to be paid over the first year.

 

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