Colorado Mental Health Private Practice

This rapidly growing private practice offers a variety of diverse mental health counseling services. They help clients afflicted with life stressors including anxiety, depression, relationship issues, self-harming behaviors, domestic violence, major life changes, identity issues, and suffering from the loss of loved ones. The business offers counseling to individuals, families, couples and group therapy. The practice is credentialed to serve all of the Colorado Medicaid Regions either in office or via telehealth.

Facilities
The business leases office space with several individual offices, receptionist desk, commons area, an ample waiting area and parking. They also provide telehealth services to anyone in the state of Colorado.

Financials
Asking Price: $1,275,000
Included in the Asking Price: FF&E worth $10,000
Current Year Revenue: $1,000,000
Current Year Cash Flow: $450,000

Market Outlook
Competition:
While there are private practices throughout Colorado, this practice is an above average size with a significant potential for growth. The company differentiates itself from competitors by allowing therapists to focus on their individual specialties and providing clients that would benefit from that expertise. Other offices tend to give new clients to any therapists who have openings on the calendar.

Growth and Expansion: The outlook for this simple business’s services is bright. Future potential (and mental health therapy in general) offer a significant opportunity for growth. The business takes in about ten new clients a week, expanding the practice while retiring other clients who have attained their mental health goals. Demand for mental health services will never go away. It will continue to rise with society’s growing acceptance of this valuable service.

About the Sale
The owner plans to focus on an unrelated start up opportunity after the post-closing handoff.

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