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First Step Medical

Outpatient Mental Health and Substance Abuse Centers · West Palm Beach, FL

First Step Medical is a business in West Palm Beach, Florida, listed under outpatient mental health and substance abuse centers, with 20 to 49 staff, as recorded in 2020 to 2021. From 2023 to 2026, similar businesses sold for about $350K to $2.2M.

This page was built from public U.S. government records (Small Business Administration and Census Bureau). It was not created by this business and contains no information from Value Alpha users. How it works · Request removal

Public record

Industry
Outpatient Mental Health and Substance Abuse Centers (NAICS 621420, as reported by the business)
Location
West Palm Beach, Florida
Staff
20 to 49 people (as reported in 2020 to 2021)
Local rank
#4 of 18 businesses in West Palm Beach listed under outpatient mental health and substance abuse centers, by staff size (2020 to 2021)
As of
2020 to 2021. Details may have changed since then.

What businesses like this sell for

Businesses in Ambulatory Health Care Services with 20 to 49 staff, bought 2023 to 2026. Based on 139 purchases.

Loans used to buy them

$300K to $1.9M

Middle loan about $840K

Estimated purchase prices

$350K to $2.2M

Middle price about $990K

How we estimate the price: the records show the loan behind each purchase, not the price. Buyers usually borrow about 85% of the price, so we divide the loan by 0.85. The ranges show the middle half of purchases. This is not a valuation of First Step Medical.

Financials of businesses like this

Average revenue

$4M

a year

Average payroll

$1.8M

45% of revenue

Average staff

37.8

people

US averages for outpatient mental health and substance abuse centers with 20 to 99 staff, 2022 (1,438 businesses). These are not First Step Medical's own figures; its own revenue and profit are what a valuation needs.

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Questions

How much is a business listed under ambulatory health care services worth in Florida?
From 2023 to 2026, businesses listed under ambulatory health care services with 20 to 49 staff sold for about $350K to $2.2M, with a middle price of about $990K, based on 139 purchases. A business's own value depends on its revenue, profit and owner pay.
How current is the information about First Step Medical?
The industry and staff numbers were reported by the business in 2020 to 2021 and may have changed since then.
How can the owner of First Step Medical get a valuation?
Claim the business, upload one document that shows its name, and add revenue, profit and owner pay. The valuation can start while the document is reviewed.

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