Find a Chiropractor

Wellness Clinic For Sale (established cashflow w high growth potential) – Port Credit, Mississauga

Wellness Clinic For Sale (established cashflow w high growth potential) – Port Credit, Mississauga

Category: Marketplace / Practice For Sale

Description:

About the Opportunity

  • Great opportunity for newly graduated or growth-oriented chiropractor to purchase an established cashflow wellness clinic in a high visibility location.
  • You only pay for the established acupuncture and RMT cashflow, but get upside benefit of a great location and untapped patient base in which to grow your chiropractor practice.
  • Operating in Port Credit and Mississauga since 1995. Current location for 16 years.
  • Current owner is licensed acupuncturist and registered massage therapist working full-time in clinic, who seeks to semi-retire.
  • Port Credit, Mississauga is a vibrant, affluent and growing community with thousands of new condominiums being constructed within a 10 minute drive of clinic.
  • Currently 8-9 staff members at clinic.

Current Services

  • registered acupuncture
  • registered massage therapy
  • traditional chinese medicine
  • cosmetic acupuncture

Financial Highlights

  • 2022 revenue estimated to be over 600k.
  • Best estimate of normalized net earnings from the existing business attributable to a buyer is $175k in 2022 based on current year to date results. Estimate already nets cost for buyer to replace full-time acupuncture clinician hours of current owner at market rates.  Any net income from the establishment of your chiropractic practice in the purchased patient base would be fully incremental to these estimates.

Client Statistics

  • 4,500 total patient visits in 2021 and 2,700 in the first six months of 2022.
  • 3,500 active and inactive unique patients in patient management system

Facilities

  • Ground floor building with street frontage onto Lakeshore Road.
  • Currently three patient rooms operational. Bright, open reception.
  • Free parking in lot behind building and on side streets around building. Paid parking on Lakeshore Road.
  • Clinic currently operating out of 600 square feet. In spring 2022, obtained an option for an additional 550 square feet to allow future purchaser to expand treatment room capacity for up to 8 treatment rooms or offices.

Contact Email:  westgtacpa@gmail.com