Profitable, Multi-Location, Award-Winning Health Care Practice
Health Care & Fitness Businesses for Sale
- Primary Category: Medical Practices
his long-established healthcare practice is an award-winning, multiple-location business with an excellent reputation in Singapore. The business continues to produce strong financial results with net cash flow trending positively year after year. The owners are involved in the operations of the business. Their track record for both client retention and new client acquisition is outstanding. In 2021 there were almost 7,500 patient appointments while new patients onboarded by the practice have averaged almost 1,600 per year since 2019. Throughout the COVID pandemic, the practice successfully complied with all Singapore government requirements and has been allowed to continuously operate post Circuit Breaker (April - May 2020). The owners have grown the business steadily and organically over the years. Now there is an excellent opportunity for the right buyer to acquire this success story. An appropriate training and transition period is being offered; final details to be negotiated. Key Attributes: - Successful healthcare practice for many years - Multiple locations with capacity for growth - Only one set of owners since opening over ten years ago - Well-recognized brand in Singapore - Award-winning recipient several years running - Generating S$1 million revenue annually - Consistent and growing net cash flow return to owners - Profitable and professionally managed - Excellent track record of both client retention & acquisition - A key player in raising the profile of the profession There are multiple locations, all under separate leases. The number of locations and addresses will be made available at a later stage.
Financial Information
- $815,000 Asking Price
- N/A Cash Flow
- $798,000 Gross Revenue
- N/A Down Payment
Business Location
- City: Confidential
- State: Confidential
Reason for Sale
- The owners will be relocating to another country upon completion of the sale.
Detailed information
- Year Established: 2008
- Home Based: No
- Franchise: No
- Relocatable: No
- Lender Prequalified: No
- SBA Prequalified: No
- Part-Time Employees: N/A
- Contractors: N/A
- Owner Worked Hours/w: N/A
- Adjusted EBITDA: N/A
- Inventory Included: No
- Inventory Value: N/A
- Monthly Rent: $91,300
- Real Estate Available: No
- Real Estate Included: No
- Real Estate Value: N/A
- FF&E Included?: No
Market Outlook/Competition
- Due to the limited size of the market and overall competition in Singapore, the specific focus of this Healthcare Practice will only be identified at the next stage of discussions, after an NDA has been signed. The target market for this Healthcare Practice is Singapore, an island nation of about 6 million residents. Singapore has one of the highest GDP's per capita in the world at US$59,500 (2021). Globally, the healthcare industry continues to grow and Singapore is at the forefront of this development, as the leading center for healthcare tourism in Southeast Asia. The Healthcare Practice for sale has positioned itself well versus its competitors as a result of its strong brand, high level of patient care and satisfaction, and multi-location facilities.
Business Listed by
Ed Sadler
Sunbelt of Colorado SpringsContact Business Broker
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