Extremely Profitable Acupuncture Practice

Not Disclosed, NY
Kings County

Asking Price: Annual Revenue:
Not Disclosed $1,879,498

Services: Medical, Dental

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RE: Extremely Profitable Acupuncture Practice Broker: Stephen Wain

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $1,879,498
Net Profit: Not Disclosed
Cash Flow: $1,082,636
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2009
Employees: 4
BBN Listing #: 75929987
Broker Reference #: 14631393

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Business Overview:

This $1.88M acupuncture practice performed more than 7,300 treatments in 2018 to a patient roster that includes infants, children, adolescents and adults of all ages. The practice is strategically placed in a booming urban New York Metropolitan area that is in close proximity to major transportation. Revenue and EBITDA have grown steadily by more than 10% annually from 2016 to 2018. The owner believes the practice can achieve revenue of $2.5M in 2020.

The highly trained clinicians spend time with their patients mapping out a treatment plan that will achieve the best possible results. Top line growth of the practice has been achieved by successfully building relationships with the community, other health organizations and referral sources. With convenient hours, acceptance of insurance, and a commitment to reducing costs and improving operational efficiencies this practice has become the top choice when individuals are seeking alternative healthcare treatments that have been around for thousands of years.

By acquiring this practice, a new owner will benefit from a team of committed clinicians and an experienced and compassionate office staff. The practice utilizes the latest technology that is HIPPA compliant, allows for on-line scheduling of appointments and so much more. All processes and procedures are in place so the new owner will be able to continue focusing on developing and implementing strategies that will grow this practice to the next level.

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Property Features and Assets:

The practice is in an upscale, densely populated urban community. The office and equipment are well maintained, and all FF&E are included in the sale. The current building location is leased.

Market Competition and Expansion:

Competition: Although there are other alternative care practices in the area, this practice is an icon in the community, has a stellar reputation and loyal patients who refer their friends and family. In addition, they have developed relationships with other health organizations and referral sources that gives them a competitive advantage. Growth & Expansion: The practice has successfully used marketing strategies to both attract new patients and retain patients. Adding patient services as well as expanding marketing and social media strategies into additional geographic markets are key growth opportunities.

Reason for Selling:

The owners are willing to assist the new owner during transition.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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