SOUTHMOOR PSYCHOLOGICAL SERVICES

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Presentation transcript:

SOUTHMOOR PSYCHOLOGICAL SERVICES FOR SALE TO QUALIFIED PROVIDER

Thriving Practice For Sale in Denver Clinical and Neurofeedback Practice 375 present and former clients Gross Billing: $174,837 (2010) Asking Price: $175,000 neg.

A PROFESSIONAL CORPORATION Southmoor Psychological Services is registered with the Colorado Secretary of State’s office as a “C” corporation, but for tax purposes it’s official title is Dr. John McInroy, Ed.D. dba Southmoor Psychological Services.

Southmoor Psychological Services History: SPS was formed by J. McInroy in 2007 at its new location at 6825 E. Hampden Ave, Suite 102, Denver, CO 80224. Dr. McInroy previously owned Buckingham Psychological Services in Aurora, CO for 25 years before selling it in 2000. All of the local, state and federal taxes are paid up to date.

Office Arrangements Lease: 5 year lease at $1,180 per month includes all utilities except phone and internet communication. Office Configuration: 3 therapy offices, waiting room, and administrative office. Rent from Tenants: $850.00 per month Building Owner: Dr. Carl Lipe, DDS This information is confidential and propriety and may not be disclosed without permission.

Present Occupants of Southmoor Psychological Services Dr. John “Jack” McInroy, Ed.D., Licensed Psychologist. Owner Dr. J.G. Benedict, Ph.D., Licensed Psychologist Ms. Marcia Osterros, LSW, Licensed Social Worker. Ms. Kathy McKnab, CMT, Certified Massage Therapist and Office Manager.

Building Occupants Seven Office Suites Southmoor Psychological Services (Dr. J. McInroy) Parker Chiropractic Wellness Center Four solo dental practices. Two on the ground floor and two on the second floor. One solo licensed professional counselor. ________ Convenient parking near building, near to public transportation: bus and light rail.

Physical Assets & Estimated Value 3 Offices’ furniture: $3,000 Two Computers and software: $5,000 Financial Billing software: $1,100 + tech support fee of $500.00 per year. Neurofeedback equipment: $3,800 Total: $12,900

Present Marketing of Practice Psychology Today Magazine, Listing of Providers Websites: www.DrMcInroy.com,. www.SouthmoorPsychologicalServices.com Colorado Psychological Association Website Referral American Psychological Association Website Referral Theravive Therapy Network Website Links for Shrinks Website Good Therapy.org Website Linked-In Website

Professional Services Offered Cognitive Behavioral therapy for: Clinical Depression, Anxiety Disorders, Marriage and Family, Post-traumatic Stress Substance abuse, etc. Alpha-Stim sales and treatment: anxiety Neurofeedback training for brain injuries Critical Incidents Debriefing Employee Assistance Programs.

Summary of Corporate Clients North Washington Fire Department National EAP Companies State of Washington Worker’s Compensation Federal Worker’s Compensation Pinnacle Worker’s Compensation Contracts with approximately 52 Insurance companies

Individual Clients 378 Active and Inactive Clients 25-35 Average scheduled sessions a week. Most have medical insurance, some private pay.

Financial * Therapy Session Billing Fee: $175.00 Gross Billings for 2010 was $198,840 Tax returns available Payroll is handled by outside contractor Current 4 year receivables: $50,000 (to be included in the price of the sale.) Confidential information and not to be disclosed without permission.

Arrangements for Sale of Practice * Asking Price: $175,000 with receivables. Terms: $100,000 down, remainder in 12 months (negotiable.) Owner is willing to work out a transitional period of time of 1-2 months to assist in the assumption of clients and contracts at a negotiated fee. * Confidential information not to be disclosed without permission.

Contact Dr. John “Jack” McInroy, Ed.D., Licensed Psychologist 6825 E. Hampden Avenue, Suite 102, Denver CO 80224. Phones: office: 303-753-9258, cell: 303-929-2598, Home: 303-751-5211 Email: Shrink1324@gmail.com Website: www.DrMcInroy.com

SEE WHAT COLORADO OFFERS Colorado is one of finest State in the U.S: World Class Ski Resorts 90 minutes – Denver Professional Sports: Bronco Football, Nugget Basketball, Rocky Baseball, etc. Progressive Leadership in Psychology: CPA Fine Arts & Theater Reasonable Housing Prices Excellent Schools, Colleges & Universities