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$135,000
$675,000
Sydney – Lower North shore
Est 2014 in this location, the osteo owner transitioned her pts from over the last 17 yrs into this North Shore location. With 4x osteopaths, 2x Acupuncture & Chinese Medicine, 2x massage therapists, 1x reflexologist & 3x reception staff working here, vendor is working less at this business (now just 5 hrs/wk), thereby freeing up space for the incoming buyer and/or for current practitioners to schedule more sessions here.
Ultimately, it's a good thing that the business is less reliant on the vendor at sale time! There is still upside for a buyer to increase revenue & performance by increasing room usage.
While the pandemic caused some variation in operating trends, the business has been steadily & predictably profitable every year of operation. Currently all 4x beautifully appointed tx rms are not fully utilized so room to grow this business + add services! Whilst the clinic is 9 yrs old, the database is effectively 20+ yrs old.
Pt demographics are a mix of acute & chronic pain pts, sports injuries, IVF & pregnancy pts.
All systems & processes are set up + in place w/in this clinic which is ideally located close to the RNS Hospital precinct.
The space: The fit-out is all top quality, within the floor space of 78 m2 w/ rent being $2,500/12 or $30K pa. Included in this rent is use of the on-site gym for all of the staff & consultants at the practice.
The business has very strong brand recognition & comes w/ a pt database exceeding 5000, uses a modern PMS (Cliniko), which is paperless; & modern marketing methods which are simple to operate.
The new owner: If the buyer is an osteo that is wanting to practice within the business; this would be an ideal solution! Alternatively, if the new owner wanted to play a role in the practice it could be that of front office/PM.
Knowledge of Xero would be advantageous.
Initial meetings will be scheduled online & an in-person site visit make take place before 10am Mon mornings or Sundays at a time that is mutually convenient.
Offers encouraged by motivated vendor offering a bargain basement price to a motivated buyer!
Sally Stuart
E: sally.stuart@linkbusiness.com.au
M: 0437 082 045
Note: The purchaser to make his/her own investigations & inquiries in relation to the business & not to rely upon warranty or statement made by the vendor or by anyone on his/her behalf.
Ref: NSW08197
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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