Business Overview

Unique opportunity to own a Natural Healing and Holistic Care Center focusing on allergies, weight loss management, and more! They are focused on providing high-quality health care utilizing natural and integrative medicine. The business is located in Frederick County, Maryland, but is a very niche practice and draws clients from Maryland, Virginia, DC, West Virginia, and Pennsylvania. The client base is approximately 60% women/40% men and serves a wide range of ages from adolescents to seniors.

The practice was founded by a board certified and licensed ND. They focus on treating patients with autoimmune conditions, thyroid conditions, chronic Lyme disease, mood disorders, obesity, fibromyalgia, chronic fatigue syndrome, allergies, and dermatological conditions. The office treats infants, children, adults, and our geriatric population by offering gentle and natural options first. Some modalities used include: Chinese medicine, homeopathy, herbal remedies, nutritional and lifestyle modifications. The primary practitioner is well-versed in many therapeutic diets and is a certified ART practitioner.

There is also a licensed esthetician in the office who provides services four days a week. In addition to those services, space is also leased to a massage therapist, chiropractor, psychologist, and reiki and acupuncturist which creates additional revenue streams. A new owner should have one of the following to be able to operate the business: a medical license, esthetician’s license, nutrition license, or be a wellness coach and will need to be a PhD or MD with board certifications to be able to offer clinical services. Don’t miss this great chance to own a turnkey operation offering highly sought after services to a diverse clientele.

Financial

  • Asking Price: $135,000
  • Cash Flow: $90,674
  • Gross Revenue: $174,080
  • EBITDA: N/A
  • FF&E: $35,000
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2014

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:1,200
  • Lot Size:N/A
  • Total Number of Employees:2
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

1200 sq ft commercial condo unit is leased for $1650/mo. The space has a very modern and relaxing feel for patients to relax. There are 5 patient rooms, 4 are subleased allowing for a monthly profit of about $750.

Is Support & Training Included:

Seller will provide necessary training and support.

Purpose For Selling:

Family.

Pros and Cons:

There is limited direct competition in the immediate market. The practice offers a compelling value proposition as they provide safe naturopathic medical and aesthetic services with the highest levels of customer satisfaction with a variety of services to choose from under one roof.

Opportunities and Growth:

Increase marketing and advertising to create awareness of the practice and services offered. Overhaul the existing website and invest in an online advertising campaign to attract new patients searching for services the practice offers. A new owner might also consider expanding office hours and services.

Additional Info

The company was started in 2014, making the business 8 years old.

The business has 2 employees and resides in a building with estimated square footage of 1,200 sq ft.
The building is leased by the business for $1,650 per Month

Why is the Current Owner Selling The Business?

There are all types of reasons why individuals choose to sell operating businesses. Nevertheless, the true reason and the one they say to you may be 2 totally different things. As an example, they might state "I have a lot of various responsibilities" or "I am retiring". For lots of sellers, these reasons stand. However, for some, these may just be justifications to try to hide the reality of changing demographics, increased competitors, recent reduction in incomes, or an array of other reasons. This is why it is extremely crucial that you not count absolutely on a vendor's word, yet rather, utilize the vendor's response along with your total due diligence. This will paint a much more sensible image of the business's present scenario.

Existing Debts and Future Obligations

If the existing company is in debt, which many businesses are, then you will certainly need to consider this when valuating/preparing your offer. Lots of companies borrow money so as to cover items like stock, payroll, accounts payable, and so on. Remember that occasionally this can imply that revenue margins are too thin. Lots of businesses fall under a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may also be future obligations to consider. There may be an outstanding lease on tools or the structure where the business resides. The business might have existing agreements with suppliers that need to be satisfied or may cause fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do operating businesses in the location draw in new consumers? Most times, companies have repeat consumers, which develop the core of their daily earnings. Particular aspects such as brand-new competition sprouting up around the location, roadway construction, as well as employee turnover can influence repeat clients and adversely affect future profits. One important thing to take into consideration is the area of the business. Is it in an extremely trafficked shopping mall, or is it hidden from the highway? Obviously, the more individuals that see the business on a regular basis, the higher the opportunity to build a returning consumer base. A final thought is the general area demographics. Is the business placed in a densely populated city, or is it located on the edge of town? Just how might the neighborhood mean household earnings influence future revenue prospects?