Summary
Successful, Well Estalished Residential Psychology Practice (20+ years) servicing the general public, legal agencies and insurers Perth, W.A and Nationally. Includes handover period. Training at cost.
Revenue
$150,000 pa
Rent
$0 pa
Expenses
$10,000 pa
Net Profit
$140,000 pa
Location Details
Perth W.A and Nationally
Perth W.A and National. Currently Home Based F2F Clinic plus Telehealth Client Base with High Potential to expand and triple revenue as a result of positive long term community reputation in conjunction to incoming calls, referrals and queries.
Potential
High potential to return Psychology Practice to Corporate External Site and increase revenue to 350-500k+ per annum given currently turning away considerable Patient, GP, Legal Firms and Insurer client refferrals regularly as a result of current part time residential F2F and Telehealth capacity.
Skills
Would ideally suit New Psychology Graduate to takeover the Psychology side of the Clinic, Training in the current Medico Legal Assessment/Report Writing & Successful Business Systems Processes under the current ownership or a Business Partnership to increase annual revenue to offsite clinic arrangement. Current Owner happy to provide a Business Handover period (included in the fixed price) for the right buyer/s (must be a good fit).
Hours
7am-5pm
Lease
N/A
Employees
N/A
Reason for Sale
Early Retirement of Senior Principal Psychologist/Owner - June 30, 2025.
Owner wants to find a 'Good Fit' suitable Buyer to takeover the Psychological/Clinical Practice side of the Business and assist them to return the business to 260k+ annual revenue and increase up to potential 500k+ annual revenue.
About the Business
Well Established Psychology Practice which has been servicing the Perth, W.A & National community for the last 20 years and developed a positive community presence among GPs, Patients, Legal Agencies, Employers & Insurers. Psychologist/Owner has received regular annual W.A Psychology and Business Awards from 2019-2025. Firm on Price.
Fixed Price includes Handover Period of the Psychology Services Business with regular referrals from GPs, Private Health Funds, Psychological Assessments and Report Writing for Victims of Crime, the W.A Courts, Employers, Employees and Students.
Training in Medico Legal Assessments/Report Writing can be provided at an hourly rate (not inclusive in the fixed sale price). Owner retiring as Princpal Senior Psychologist from the Practice on June 30th, 2025.
History
20+ years established Psychology Practice.
Prior to 2018, when deciding to Semi-Retire away from the Corporate Clinic and downsize the business away from employing 2 Psychologists, 2 Counsellors, 3 Receptionists and Subleasing several rooms to other Allied Health Practitioners, the business was earning 260k+ annual income.
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