Episode
Selling a Group Therapy Practice: What Buyers Look For (And How to Prepare)
- Podcast
- The Business Savvy Therapist: Marketing, Hiring & Systems to Grow and Scale Your Therapy Practice
- Published
- Apr 7, 2026
- Duration seconds
- 1825
- Processing state
not_requested- Canonical source
- https://the-business-savvy-therapist.captivate.fm
Actions
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Summary
Sign up for my How They Did It Success Panel with Group Practice Owners - get the ‘ah-ha’ moment you need to keep moving forward→ https://mccancemethod.com/success-panel-with-group-practice-owners/ Want to watch this episode on video? Check it out here on YouTube: https://youtu.be/rdz1Crf3ZHs In this episode, I sit down with Daniel King from Fireside Strategic to talk about what buyers are really looking for when it comes to purchasing a group therapy practice. As an investor in outpatient practices and someone who also represents practice owners looking to sell, Daniel brings a unique perspective on both sides of the transaction. We unpack what makes a practice attractive, what to focus on now if you want to sell in the future, and the biggest things that can increase your value along the way. Make sure to bring your paper and pen because this episode is full of actionable tips! Here are some key points in this episode: [04:26] Why mental health practices attract buyers. [06:21] What to focus on if you want to sell your therapy practice in 3 to 5 years. [11:20] How adding services can increase your practice's value. [13:41] The profit benchmarks buyers look for. [19:20] Why culture and retention matter to investors. [27:23] How compliance issues can delay a sale. More about Daniel: Daniel began his career in M&A law at a large firm and then went to the deal team of a Shark on the TV show, drafting contracts and due diligence. He saw many small companies grow so quickly their people burned out, inspiring a passion for the human side of business. He left law to train as an executive coach and built a few companies in the coaching industry, failing once, and then selling another (which served the legal industry). At Fireside, he leverages his experience with M&A…