Listing ID: 76917
This is a truly unique opportunity to acquire a profitable and growing men’s hormone replacement clinic in Los Angeles. This is the perfect opportunity for a buyer who is passionate about helping men improve their overall health and quality of life. The clinic specializes in providing testosterone therapy, IV hydration therapy, injectable vitamin therapy, cosmetic & hair loss therapy, and erectile dysfunction treatments for men between the approximate ages of 35 yrs. – 60 yrs. The business serves a growing market that is largely underserved and is prime for exponential growth as the stigma around men’s hormone treatment decreases. The business operates on a membership model with recurring monthly income and a membership base that grows every month. The clinic is fully equipped with new equipment, in-house lab diagnostics and staff. A buyer can be either an MD, DO or NP and should have a passion for men’s health and wellness. Current physician works only 10-15 hours per week so there is an opportunity for growth if Buyer wants to work full-time and grow the practice. The is an excellent opportunity for a medical practitioner looking to own their own clinic or an existing practice looking to expand via acquisition. Inquire Now! Call or Email: email@example.com
- Asking Price: $599,000
- Cash Flow: $355,106
- Gross Revenue: $620,910
- EBITDA: N/A
- FF&E: $5,000
- Inventory: $1,500
- Inventory Included: Yes
- Established: 2020
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:1
- Furniture, Fixtures and Equipment:N/A
This business has a leased location of 1,253 square feet with a total monthly rental of $3,872. The seller is active in business with 1 PT employee. Hours of operation are 9:00 am - 4:00 pm, Monday-Friday. Included in asking price are $1,500 in inventory and $5,000 in equipment and fixtures.
Focus on other business / retiring from clinical work.
The business was established in 2020, making the business 2 years old.
The deal will include inventory valued at $1,500, which is included in the asking price.
Why is the Current Owner Selling The Business?
There are all kinds of reasons individuals decide to sell companies. However, the genuine reason vs the one they say to you might be 2 absolutely different things. As an example, they may state "I have way too many various commitments" or "I am retiring". For many sellers, these reasons stand. But, for some, these might just be excuses to attempt to conceal the reality of altering demographics, increased competition, recent reduction in incomes, or a variety of other factors. This is why it is very crucial that you not count completely on a seller's word, yet rather, utilize the vendor's solution in conjunction with your total due diligence. This will paint an extra reasonable picture of the business's existing circumstance.
Existing Debts and Future Obligations
If the current business is in debt, which many businesses are, then you will certainly have reason to consider this when valuating/preparing your offer. Many businesses take out loans in order to cover things such as supplies, payroll, accounts payable, and so on. Bear in mind that occasionally this can suggest that profit margins are too thin. Numerous organisations fall under a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may likewise be future obligations to consider. There might be an outstanding lease on tools or the structure where the business resides. The business might have existing contracts with suppliers that must be met or might cause charges if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Just how do operating businesses in the area draw in brand-new consumers? Often times, companies have repeat customers, which create the core of their everyday earnings. Specific factors such as brand-new competitors sprouting up around the location, roadway building and construction, as well as staff turnover can influence repeat consumers as well as negatively impact future profits. One important point to consider is the area of the business. Is it in a highly trafficked shopping center, or is it concealed from the highway? Clearly, the more individuals that see the business regularly, the better the possibility to build a returning consumer base. A last idea is the basic location demographics. Is the business located in a largely populated city, or is it situated on the outskirts of town? How might the regional mean home earnings influence future earnings prospects?