Our company is a high cashflow, branded Psychiatric practice serving the Denver metro area and the entirety of Colorado. It features refined digital marketing, a strong online reputation, and efficient telehealth workflows. This solo owned private psychiatric practice earns 90% of its revenue from recurring, follow-up appointments. Most of the 100 unique patient visits per week (5,000 appointments per year) are handled via telehealth. Given the demand for psychiatric services and shortage of providers in Colorado, the owner believes the vast majority of his 900+ existing clients will transfer to the new physician or practice who maintains the same level of service.
The buyer of this practice must hold a Colorado medical license. It can be run by a psychiatrist or psychiatric nurse practitioner with the ability to prescribe mental health medications including DEA controlled substances to patients in Colorado. A non-physician may not buy this practice due to Colorado’s strict Corporate Practice of Medicine (CPOM) doctrine.
Facilities
Most patient visits are conducted through secure telehealth appointments, but the practice also hosts clients in person when required. It operates out of a home-based office outside of the Denver metro area. Relocating to a more central Denver office location could improve accessibility for in‑person patient visits, increase visibility due to higher population density, and enable a new channel for attracting additional patients.
Financials
Asking Price: $1,500,000
2025 Revenue: $1,000,000+
2025 Cash Flow: $900,000+
Market Outlook
Competition: This business competes with other mental health and psychiatric practices in the greater Denver area, including both small private practices and larger outpatient clinics. Because most of the practice’s patients are serviced by telehealth, they also draw patients from other parts of Colorado. While there is competition for psychiatric care, Colorado faces a significant shortage of mental health providers, with an estimated deficit of 4,400 professionals. This shortage of skilled providers is expected to worsen over the next several years.
Growth and Expansion: The practice presently has a full patient load for a solo practitioner, so they have not attempted to expand the business beyond its present maximum capacity. To expand this practice, the buyer would need either to have one or more partners or would need to hire full or part-time physicians or psychiatric nurse practitioners to carry additional workload.
About the Sale
The owner plans to retire, but will be available for consultation for as long as necessary.
Send Me More Information about this Business
All information contained herein provided by the business owner, to be verified by buyer, and not warranted by Crestone Business Group. For more information on this or other profitable business opportunities, please contact:
Crestone Business Group
Steve Coast, Owner
Direct/Text: (719) 330-4715 | steve@crestonebusinessgroup.com | www.crestonebusinessgroup.com
