Sell Your Psychology Practice with Expert Brokers Or View Psychology Practices For Sale

Looking at selling a psychology practice? As psychology practice brokers are we experts in psychology practice sales. Since we sold our first practice in 2014 we have assisted numerous practice owners with selling a psychology practice. While we focus on helping sellers, buyers can explore our current psychology practices for sale to find the right opportunity.

Psychology Practice Sales | Where We Work.

We sell psychology practices in NSW, Queensland, Victoria and South Australia. Naturally, many of our psychology sales have been in Sydney, Melbourne, Brisbane and Adelaide. We have however also experienced selling a psychology practice in areas such as Newcastle, Sunshine Coast QLD, Gold Coast, Wollongong, Geelong, Bendigo, Ballarat, Gippsland, Toowoomba, NSW Central Coast, Canberra ACT as well Nth Queensland and regional NSW, regional Vic and regional SA.

These psychology pratice sales have ranged from smaller sites to larger firms with multiple locations and large staff complements. If you are interested in selling a psychology practice, then we have the experience to assist.

How Do We Identify Your Psychology Practice Buyer?

Since 2014, our database of psychology practice buyers has been building week on week. This has been a result of continual branding, marketing and networking within the psychology community. Whilst our data base is extensive, we know, that also giving every sale a specific confidential marketing campaign is essential. We market across a dozen commercial websites, social media and with industry groups. This way, those who are selling a psychology practice have the best chance of confidentially finding a buyer with the right fit for the best price.

Determining A Price To Broker Your Psychology Practice

As long standing psychology practice brokers, we hold extensive sales evidence on prior transactions. This gives us a unique insight into the multiples and prices paid for a whole range of psychology practices.

This is invaluable information and allows us to benchmark your practice by looking at all the aspects of the commercial structure and then making direct comparisons to other psychology practice sales. These benchmarks include

• geographical location (city, regional, rural)
• psychology practice location (shop front, branding, in an arcade, shopping centre or medical centre or mobile / community)
• number of full time equivalent psychologists.
• reliance on owner or key individuals
• split of billings income among physios
• wages and percentages paid to staff or contractors
• sale of goods
• profit margins on billings
• diversity of treatments
• tangible assets and equipment
• lease on premises
• subtenancies
• IT and systems
• contracts with clients, schools etc
• accreditations or specific registrations such as NDIS

These are just a few factors that we assess and benchmark when deriving psychology practice values.

As experienced psychology practice brokers we can guide on a price to give you the best outcome when selling a psychology practice.

Registered Psychology Practice Valuers

As qualified and Registered Psychology Practice Valuers (R.B.V) we can provide more formal valuation reports if required. These might be for such instances as partnership buy in / buy out, family law court proceedings, divorce asset calculations or company re structure for stamp duty purposes to meet the needs of the ATO requirements. Our experience in selling psychology practices forms a strong evidence base for all valuation reports.

We can also perform expert witness work, or be called upon by the courts as independent expert psychology practice valuers for 3rd party disputes over psychology practice values. As far as we are aware, we are the only specialist psychology brokerage firm in Australia that contains a Registered Valuer. It’s important to note that an appraisal is significantly different to a valuation in its scope, depth, legality and purpose. For more details on psychology practice valuations read here.

If you are looking to buy a practice and have one identified but need an independent psychology practice valuation assessment of the business and price we can perform this. Your target practice will be benchmarked against other similar practice sales and achieved values in a comprehensive yet easy to understand report that you can use to assist in your negotiations and to be sure that you are paying the right price.

Psychology Practice Sales Process

When selling a psychology practice, we conduct extensive preparation and a confidential marketing campaign including vetting of all buyers for suitability and financial capacity.

Our firm utilises the latest in secure data room technology to house your sensitive commercial psychology business information.  This can only be accessed by vetted buyers under secure log in provided by us. Your psychology business commercial information cannot be copied, emailed, downloaded or printed. This protects your information from being sent onto other parties without our or your knowledge. This is utilised in all psychology practice sales.

Our firm also works for results for our psychology clients. LIke most brokerages, we change a small upfront fee to cover marketing, preparation and representation and then a sale fee when the practice is sold. We only charge the sale fee when your psychology deal is settled and you have the money in the bank. Our firm does not charge ongoing monthly fees to our clients, we are 100% results driven to sell your practice for the best outcome before we bill for services. For more information on selling a psychology practice read here

Licenced Professional Business Agents

We are psychology practice brokers across 4 states and Licenced Business Agents in NSW, QLD, Victoria and South Australia. This allows us to legally sell a psychology practice in those states under our licence. All sellers should verify that their agent has the specific state licensing for the state that they are located. This can also be checked on each state public register.

Our psychology business brokers are members of the Australian Institute of Business Brokers  We undertake ongoing annual CPD and compliance to be at the forefront of the industry and meet the regulatory standards in the states in which we operate when selling your psychology business. This ensures best practice.

Most practice owners only sell a psychology practice once. It’s important to get the best support and guidance from qualified and experienced experts in the field to sell your psychology practice.

Contact us confidentially to discuss further how we can assist you in selling a psychology practice.