1. Home
  2. Businesses for Sale
  3. New York
  4. Educational Services / Schools

Business for Sale Summary

Speech/Language Therapy Practice - 26930

Business Type: health/medical/dental practices,healthcare related services,misc. servicel/non-classifiable,professional services,social services,new to market,seller financing available,educational services / schools
Owner Financing
Speech/Language Therapy Practice
Get Instant Access to the Business Financial Information

Take Action

This Listing Has Not Been Added to Your Portfolio Add this listing to your portfolio to view confidential financial info
View Financials Free Get the Address Click Here
*Some information is only available to registered members. Please login or register to view confidential information.
This business has received 25 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $350,000 Down Payment $250,000
Gross Revenues $560,000 Lease Remaining Register Free to View
Owner’s Cash Flow $250,000 Number of FT Employees Register Free to View

Financing

$250,000 Down and $100,000 over 3 years @5%

Business Description

Long Established(17 yrs) well regarded NYS Dept. of Health approved and contracted agency providing speech therapy and special education services to children(birth to 3 yrs) in Ulster and Orange counties. Licensed NYS Speech Pathologists.Special Ed services by NYS Certified Special Ed Teachers. Contract w/Ulster Cty for itinerant speech therapy for preschool children w/disabilities (age 3-5). Nearing retirement, owner reduced gross from $900k and 20 professional employees. Can be easily increased with significant need in Orange, Ulster and surrounding counties. If new owner operates the company as a home based business- new owner would add the $37.4k of rent to owner net cash flow.. As PLLC, business can provide speech services for private pay, insurance, adult speech therapy and nursing homes, etc,. Two owners only work 15 hrs a week each and do not see patients. Can be replaced by one full time owner. Business can only be purchased by licensed speech pathologist. Proof of funds required Seller has reduced wages by hiring CFY Speech Pathologists. Revenue has decreased slightly but there has been a profit increase. Contact broker Joseph Stansky for more details.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.