Buying a Therapy Practice & Selling for Millions
Dec 29, 2022•58 min
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Episode description
A husband & wife bought a therapy practice for $120k, almost dumped it, then grew it for 8 years when PE came knocking. (This is a rebroadcast from November 2021.)
Themes from Neil's interview:
- Growing a mental health practice from $615k/year to $2M.
- How working in your acquired business (not on it) can save you
- Owning a business with your spouse
- Equipment leasing as a solution to keeping overhead costs low
- To sue or not to sue (the seller, post-acquisition)
- Preferring businesses for sale rather than cold outreach to owners
- When to sell a fast-growing business
Reach Neil at:
Get complimentary due diligence on your acquisition's insurance & benefits program:
Learn more about Walker Deibel's done-with-you buy-side advisory:
Connect with Acquiring Minds:
- See past + future interviews on the YouTube channel
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter
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