Financing: $250,000.00 Down and $100,000 over 3 years @5%
Reason for Selling:Seller is retiring.
Long-established (17 years), 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 county. Licensed NYS Speech
Pathologists. Special Education services by NYS Certified Special Ed Teachers. Contract w/Ulster County 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's 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 hours 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 information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.