$450K Revenue Speech Therapy Clinic in El Paso, TX

TXPT1X - $450,000 Revenue Speech Therapy Clinic in El Paso, Texas

Company Overview
Broker is pleased to exclusively introduce an Outpatient Speech Therapy practice for sale in El Paso, Texas. The company provides skilled, compassionate, and effective speech and language evaluations and therapy for all ages, Pediatrics (70%) to Geriatric (30%). The goal is to improve their patients’ quality of life in the areas of communication, cognition, and swallowing. Services are provided to private clients, school districts, insurance clients, hospitals, and home health. They are unique because they provide services other speech therapy offices do not offer, such as adult dysphagia and participation in a cleft palate clinic.

Financial Overview
The company accepts nearly all major insurance plans, state Medicaid, Medicare, and private pay. Gross revenue for 2023 was $481,014. In 2024, they are on pace to gross $450,000. There is an increased need in the El Paso area for Speech Therapy, and the seller feels there are many opportunities for a new owner to increase admissions and add additional contracts.

Staff Overview
The seller is seeking retirement, but the remaining staff are expected to stay on under new ownership.

Asking Price
The asking price for this opportunity is $250,000, which excludes cash, receivables, and working capital.