Boutique Wellness Medical Center - Semi Absentee Owner

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Health Care & Fitness Businesses for Sale

  • Primary Industry: Medical Practices

An established, physician-led concierge medical and wellness practice is available for acquisition in a desirable Mid-Michigan market. The practice has operated successfully for approximately two decades and has developed a loyal patient base drawn from the local market as well as patients throughout the United States and internationally.

The practice operates on a cash-based model and focuses on personalized, preventive and wellness-oriented care, with an emphasis on identifying underlying contributors to chronic health concerns and developing individualized treatment and lifestyle programs. Its approach blends conventional medical care with complementary and natural-health strategies. Owner is semi absentee and works an estimated 15 hours per week.

Financial Information

  • $420,000 Asking Price
  • $151,954 Cash Flow
  • $565,759 Gross Revenue
  • Negotiable Down Payment

Business Location

  • City: Confidential
  • State: Michigan

Reason for Sale

  • Retirement

Detailed information

  • Year Established: 2005
  • Home Based: No
  • Franchise: No
  • Relocatable: Yes
  • Lender Prequalified: No
  • SBA Prequalified: No
  • Full-Time Employees: 2
  • Part-Time Employees: 2
  • Contractors: N/A
  • Owner Worked Hours/w: 15
  • Inventory Included: Yes
  • Inventory Value: $15,000
  • Monthly Rent: On request
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: $0
  • Building Size: 4500
  • FF&E Included?: Yes
  • FF&E Value: $150,000

Training/Support

  • The current owner is willing to provide 30 days training and transition included in the sale. They would also be willing to stay on past this initial period under a mutually agreeable consulting agreement.

Facilities

  • The practice currently occupies an approximately 4,500 square feet facility that is under lease in a highly central, accessible location.

Market Outlook/Competition

  • The business offers several potential avenues to expand revenue and profitability, including: Increasing IV and wellness treatment utilization Expanding functional and preventive medicine services Increasing patient acquisition through digital marketing and social media Expanding online supplement sales Introducing additional medical and wellness services Optimizing pricing and product margins Expanding operating hours Further developing the practice's out-of-area and virtual patient base

Real State Description

  • The practice currently occupies an approximately 4,500 square feet facility that is under lease.
Business Listed by
image of Edward Bell
Edward Bell
Sunbelt of Naples
Show Phone Number
Listing ID
NAPFL001-59938
License Number
SL3537326

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