1. SOUTHMOOR PSYCHOLOGICAL SERVICES
FOR SALE TO QUALIFIED PROVIDER

2. 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.

3. 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.

4. 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
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.

5. 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: $ per month
Building Owner: Dr. Carl Lipe, DDS
This information is confidential and propriety and may not be disclosed without permission.

6. 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.

7. 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.

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

9. Present Marketing of Practice
Psychology Today Magazine, Listing of Providers
Websites:
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

10. 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.

11. 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

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

13. 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.

14. 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.

15. Contact
Dr. John “Jack” McInroy, Ed.D., Licensed Psychologist 6825 E. Hampden Avenue, Suite 102, Denver CO
Phones: office: , cell: , Home:
Website:

16. 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