Wellness Clinic For Sale (established cashflow with high growth potential) – Mississauga, ON
Category: Marketplace
Category: Marketplace / Practice For Sale
Description:
About the Opportunity
- Great opportunity for newly graduated or growth-oriented chiropractor, RMT or naturopath 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 own healthcare practice.
- Operating in south Mississauga since 1995. Current location for 17 years.
- Current owner is licensed acupuncturist and registered massage therapist working full-time in clinic, who seeks to semi-retire.
- South Mississauga is a vibrant, affluent and growing community with thousands of new condominiums being constructed within a 10 minute drive of clinic.
- Currently 10-12 staff members at clinic.
- More than 200 Google Reviews with 5 star average.
Current Services
- registered acupuncture
- registered massage therapy
- cosmetic acupuncture
- chiropractic(newly added)
Financial Highlights
- 2023 revenue of $796k. Rolling 12 months revenue of $834k.
- 2023 normalized net earnings from the existing healthcare disciplines was $222k. Rolling 12 months net earnings attributable to a buyer is $225k. 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, RMT or naturopathic practice in the purchased patient base would be fully incremental to these estimates.
Patient Statistics
- Significant patient growth, 3,300 patient visits in 2021, 5,800 patient visits in 2022, 7,300 patient visits in 2023.
- 5,322 active unique patients in patient management system.
Facilities
- Ground floor building with street frontage onto Lakeshore Road.
- Free parking in lot behind building and on side streets around building. Affordable paid parking on Lakeshore Road.
- 1300 square feet, 6 patient rooms, staff room, on-site laundry. Recently renovated, bright, open reception.
Contact Email: mshepley@live.com