Highly Profitable Adult Psychiatry Practice
Listing: #DV00019About this Business for sale in Denver
Highly Profitable Adult Psychiatry PracticeThis part time psychiatrist in the Southeast Denver/DTC/Aurora area is looking to retire and place his approximately 180 patients with a qualified practitioner or group practice. For more than 30 years in the area, he has built a highly desirable patient base with reliable, quality, cash pay at premium rates.
This is a rare chance to efficiently grow by quickly adding a group of patients and move elevate your existing practice to the next level or start a new practice with a solid new foundation reaching high profitability very quickly. The practitioner has consciously vetted his patients to ensure they are reliable, good to work with and aren’t difficult.
- Office Schedule – Average 30 appointments per week 9:30 am -3 PM. No appointments on Fridays and ½ days on Wednesdays. Average 20 Hours per week with patients.
- Appointments – Highest % of appointments are 15 Min Med Check with written prescriptions
- Telehealth – 2/3 of appointments are telehealth, no current zoom or video. 1/3 In person appointments
- E.H.R. System – None
- Office Space – Available for lease renewal, not required for transition unless SBA or Bank finance required.
- Buyer Requirements – A licensed current Psychiatrist individual or Group Practice in Colorado or looking to re-locate to Colorado. Comfortable with some amount of psychotherapy.
- Additional Opportunities – Independent Evaluations - $450/hr
- Timeline – Looking for someone ready to move on a purchase and would like to have an agreement by end of the year.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.