We are presenting an exceptional opportunity to acquire a well-established vein and laser clinic located in the vibrant city of Halifax, NS. Operating since 2004 under the leadership of its founding physician, this clinic boasts a solid reputation for offering a wide array of treatments, including venous disease treatments from sclerotherapy to ultrasound-guided approaches including endovenous laser ablation; the use of neuromodulators, dermal fillers, and laser treatments to address the signs of aging and changing skin; and bodysculpting. With a diverse revenue stream across various services, it records a net income of over CAD 238,000 in 2022, on revenues exceeding CAD 713,000. The clinic operates with a skilled team, including two full-time employees, and the owner dedicates less than 30 hours per week. This business offers an ideal work-life balance for an incoming owner. The business is ideally positioned for a smooth transition to new ownership, with terms negotiable for training and support.
- Asking Price:
- $500K - $1M (CAD)
- Sales Revenue:
- $500K - $1M (CAD)
- Cash Flow:
- $250K - $500K (CAD)
Property Information
- Real Estate:
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Lease
- Premises Details:
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Occupying a leased premise on a bustling street in Halifax, NS, the clinic enjoys high visibility and street-front access. Designed to provide a professional medical environment, the facility is well-equipped to offer a comprehensive range of treatments. The welcoming and clean premises enhance customer experience and provide an ideal setting for both clinical and cosmetic services.
Business Operation
- Expansion Potential:
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Significant growth opportunities exist through the expansion of marketing efforts for advanced treatments such as Coolsculpt, and potentially extending business hours or services offered. Developing staff capabilities to handle more of the procedures can also contribute to business growth, allowing for increased appointment bookings and enhanced service offerings. Additionally, leveraging the website and enhancing digital marketing strategies could attract a broader client base.
- Competition / Market:
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The private office Health Practitioner Industry, which includes specialized clinics like this Vein and Laser Clinic, demonstrates solid growth, driven by increasing demand for minimally invasive aesthetic treatments. According to industry research, such as IBISWorld, the market is experiencing a rising trend towards non-surgical cosmetic procedures, making businesses in this sector particularly attractive investments.
- Reasons for selling:
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The current owner is planning retirement within 3-5 years and is looking to transition management responsibilities while continuing to support and train the next owner. This presents an outstanding opportunity for a new owner to lead and grow this established clinic with the guidance of its founding physician.
- Years established:
- 20
