Established Wellness Clinic for sale, currently providing Acupuncture, Chiropractic and RMT services located in a growing area of south Mississauga.
Hundreds of condominium units being built within a short drive to the clinic location providing excellent growth potential to the new owner.
Business operating for 25 years in Mississauga, 17 years in the same location.
Very profitable with excellent cashflow to owner. Stable and recurring revenue. Computerized accounting since 2020 and computerized patient management systems in place.
2023 revenue of $796k.
2023 net earnings attributable to a buyer was $222k.
Net earnings as per above already calculates and nets cost for non-practitioner buyer to replace clinician hours of current acupuncturist/RMT owner at market rates.
Pay only for existing cashflow but have the opportunity for incremental cashflow by adding more areas of practice. ie naturopath, osteopath to available clinic footprint.
Practitioner available to provide clinician services to new owner after sale.
In 2023, expanded footprint by 650 square feet to 1300 square feet in total. 6 treatment rooms, staff room, bright expanded reception area, on-site laundry. Long term lease potential. Rental at $45/sq ft gross plus utilities.
Excellent reputation, over 200 Google reviews with a 5 star rating. 7,300 patient visits in 2023.
Preference will be given to purchasers who are already practitioners in the healthcare field or those that have experience operating a business in similar healthcare industries.
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