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Acquiring Minds

Buying a Therapy Practice & Selling for Millions

58 min • 29 december 2022

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

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