Exceptional Mental Health Services Provider Richmond Metro Area
Business Description
Great Opportunity with Medicaid Paid IDD and Crisis Management for Disadvantaged
Exceptional Mental Health Services Provider 40% EBITDA Margin!
Asking Price: $16,250,000
RVA Business Brokers is delighted to bring this incredible opportunity to purchase a a full spectrum mental health services provider. The Company has developed a comprehensive service network encompassing mental health skill-building, crisis services (featuring a residential home), and four group homes designed for intellectually disadvantaged and disabled individuals (IDD).
The Company holds the prestigious CARF accreditation for 3 programs. Revenue has grown year over year since they achieved the accreditation in 2021. The Company saw double digit revenue and triple digit EBITDA increases in both 2023 and 2024. They had their best year yet in 2024, generating $6,908,591 in Revenue and
Projected EBITDA with $2,748,859 TTM and Projected forward Twelve Months with 2 New Intellectual and Developmental Disabilities (IDD) Residential Homes and Adult Day Support coming on line of $3,275,000.
They began with mental health skill-building in 2017 and have grown to include crisis services, and 4 group homes for Intellectual and Developmental Disabilities (IDD) persons.
The Seller is an entrepreneur at heart and always has growth in mind. He is moving the team from a 6,000 sq. ft. office space to a 15,000 sq. ft. space in early 2025. He is also preparing 2 new group homes to open.
The Company enjoys an excellent reputation with patients, families, government and insurance providers, and community leaders.
The sale includes $1,200,000 in assets: the real estate? 3 IDD homes (subject to appraisal and sure up)? furniture, fixtures, equipment, and 3 vans.
It's not often you find a highly regarded mental health services provider with an excellent reputation and a 40% EBITDA Margin.
Don't wait to start the conversation!
Asking Price: $16,250,000
RVA Business Brokers is delighted to bring this incredible opportunity to purchase a a full spectrum mental health services provider. The Company has developed a comprehensive service network encompassing mental health skill-building, crisis services (featuring a residential home), and four group homes designed for intellectually disadvantaged and disabled individuals (IDD).
The Company holds the prestigious CARF accreditation for 3 programs. Revenue has grown year over year since they achieved the accreditation in 2021. The Company saw double digit revenue and triple digit EBITDA increases in both 2023 and 2024. They had their best year yet in 2024, generating $6,908,591 in Revenue and
Projected EBITDA with $2,748,859 TTM and Projected forward Twelve Months with 2 New Intellectual and Developmental Disabilities (IDD) Residential Homes and Adult Day Support coming on line of $3,275,000.
They began with mental health skill-building in 2017 and have grown to include crisis services, and 4 group homes for Intellectual and Developmental Disabilities (IDD) persons.
The Seller is an entrepreneur at heart and always has growth in mind. He is moving the team from a 6,000 sq. ft. office space to a 15,000 sq. ft. space in early 2025. He is also preparing 2 new group homes to open.
The Company enjoys an excellent reputation with patients, families, government and insurance providers, and community leaders.
The sale includes $1,200,000 in assets: the real estate? 3 IDD homes (subject to appraisal and sure up)? furniture, fixtures, equipment, and 3 vans.
It's not often you find a highly regarded mental health services provider with an excellent reputation and a 40% EBITDA Margin.
Don't wait to start the conversation!
About the Business
- Years in Operation
- 8
- Number of Employees
- 52
- Facilities & Assets
- The Company occupies 4 group homes for developmentally disabled persons ranging from 1,468 to 2,540 sq. ft.
The lease rates range from $2,200,00 to $2,424.97 monthly.
The property at 204 E19th St. is owned by the Seller and included in the price. The value is estimated (subject to appraisal and sure up adjustment) at $400,000.
Their office is located in a 5,000 sq. ft space in the Imperial Building in downtown Richmond. They have purchased the 15,000 sq. ft. office on 116 3rd St. The Seller will negotiate a fair market lease with the Buyer. - Market Outlook / Competition
- "The U.S. mental health and addiction treatment centers market was valued at $138.45 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 6.3% from 2023 to 2030, reflecting increasing demand for mental health services," reports Grand View Research. The behavioral health market size was valued at $151.7 billion in 2023 and is projected to exhibit growth at a CAGR of 3.7% from 2024 to 2032, driven by the increasing prevalence of mental health disorders.
- Opportunities for Growth
- POSITIVE INDUSTRY TRENDS
Increased Demand for Mental Health Services
- Rising awareness of mental health issues and decreasing stigma encourage more individuals to seek help, expanding the potential client base for services like crisis intervention, skill-building, and group homes.
Expansion of Medicaid and Insurance Coverage
- Broader Medicaid expansion and improvedA new owner can capitalize on these trends by focusing on workforce development, maintaining high service quality, adopting technology, and staying adaptable to regulatory and market changes.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
About the Sale
- Seller Motivation
- Seeking Other Business Opportunities
- Transition Support
- As Needed and Negotiated
Listing Info
- ID
- 2325198
- Listing Views
- 2902
Listing ID: 2325198 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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