6 Figure Net Medical Weight Loss Business

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Rare opportunity to grow and complement your primary care or related Specialty p
Asking Price:
$278,000

Gross Revenue:
$474,413
Cash Flow:
$107,729
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$3,000
included in asking price

FF&E:
$315,536
included in asking price

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Business Description

Asking Price $278,000 Annual Net Income $107,729

Seller Financing will be considered for right candidates

National Franchise Brand trusted by more than 250,000 patients over the last 12 years. This established franchise resale is a turn-key business with a track record of success.

The epidemic of obesity is widespread and treating it is a multi-billion- dollar industry. Over two-thirds of our population is overweight and over one-third are obese. That’s where you and this proven, national franchise brand?can help! We understand the multifaceted approach that is needed to help overweight and obese individuals take control of their weight and health related problems. Our physician-driven program has been developed by experts in medicine, public health, nutrition, exercise physiology and wellness.

The owner and Medical Director of this profitable, franchise in the South Bay area specializes in an unrelated practice to this business, and he only works approximately 20 hours weekly in this business. He is selling for personal health reasons. The upside to grow this business quickly is realistic and attainable.

This is a perfect opportunity to develop either a primary care and/or satellite office in this very nicely built-out clinic that is generating over $35,000/month in weight loss revenue alone. A PCP looking to diversify their income, and/or a related specialist like an OBGYN , Internist or Endocrinologist, could acquire this synergistic profit center that can share cross revenue into a related practice.

The sound medical philosophy for weight loss is this model and proven and “old-school”, using nutritional education, behavioral modification, pharmacotherapy and one-on-one counseling with motivational techniques. Our average patients lose 6.4 pounds their first week and 14 pounds their first month in our proprietary program.

Location Demographics and Highlights

555,000 potential patients within a 5-mile radius

100,000 vehicles drive past our clinic per day

Serving the South Bay and Palos Verdes Peninsula with distinction and pride

Accepting health insurance PPO patients with Anthem Blue Cross, Blue Shield, Aetna, United Healthcare and Cigna

1 full-time office manager and 2 part-time medical assistants/counselors

Average income of $38,000 per month in 2018

Brand new build-out with beautiful front office space, two check-in/check-out areas, 6 consultation rooms, 2 exam rooms, 1 nurse station, 2 ADA bathrooms and fully equipped staff lounge

Able to easily house both a private practice and the existing weight loss practice with 2,300 sq. ft.

Assets Included in Sale With Total Value $315,536

Franchise Fee ($145,000 for a new franchise, with $0 Transfer fee paid by Seller)

First class Franchisee support with Franchisor contact available 24/7/365

Manuals and Training

Additional training available in-person at at headquarters or remotely

Proprietary software with integrated business and EMR Program

CLIA License Renewed through 2019

Leased space (leased until July 2021 with 5-year option to extend and/or sublease)

Because insurances are billed and accepted in CA, a licensed physician or medical practitioner is required to own 51% of this business.

Good business opportunities like this are in high demand. Contact us today to learn more about this unique opportunity to acquire this immediately profitable turnkey medical weight loss business!

About the Business

Location:
Los Angeles County, California
Year Established:
2016
Number of Employees:
3
Real Estate:
Leased
Building Sq. Ft.:
2,300
Rent:
$3,000.00 Per Month
Lease Expiration:
7/31/2021
Facilities:
Mon/Wed/Sat 8:00 am - 2 pm, Tues/Thurs 11 am - 7 pm
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About the Sale

Reason For Selling:
health
Training/Support:
12 weeks
Seller Financing:
139000.00

Listing Info

ID:
1609793
Ad Detail Views:
0

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Business Listed by

Anteneh Dejene

Transworld Business Advisors of South Bay
License# BRE# 01380681

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