Wellness Clinic For Sale – established cashflow with high growth potential (Port Credit)

Wellness Clinic For Sale – established cashflow with high growth potential (Port Credit)

Category: Marketplace / Practice For Sale

Description:

About the Opportunity

  • Great opportunity for newly graduated or growth-oriented chiropractor, naturopath or physiotherapist 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 Port Credit and 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.
  • 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 of 650k. Last six months averaging 61k per month.
  • 2022 normalized net earnings from the existing healthcare disciplines was $196k. 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, naturopathic or physiotherapy practice in the purchased patient base would be fully incremental to these estimates.
  • Sale price set at 3.1 times net earnings of the current business results.

Client Statistics

  • 3,300 total patient visits in 2021(1,400 unique patient visit in 2021), 5,800 total patient visits in 2022(2,400 unique patients).
  • 4,000 active 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. Affordable paid parking on Lakeshore Road.
  • Clinic currently operating out of 650 square feet. In spring 2022, obtained an option for an additional 650 square feet to allow future purchaser to expand the reception area,  to add 3 more treatment rooms to increase total to 6,  and add one staff room.

Contact Email:  mshepley@live.com