*Under LOI* Weightloss Franchise will soon be under new ownership!

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Asking Price:
$2,750,000

Gross Revenue:
$1,700,000
Cash Flow:
$658,000
EBITDA:
$510,000
Inventory:
$11,103
included in asking price

FF&E:
$134,630
included in asking price

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Business Description

Considered a highly-profitable, recurring revenue clinic in one of the hottest weightloss franchise systems, there is one (1) well-established and highly profitable franchised-location in Connecticut, one (1) startup territory opening soon in 2017 in Connecticut (not included in price, but available) and one (1) undeveloped territory (not included in the price, but available).

At the request of our client, we kindly ask that only serious, well-capitalized prospective buyers inquire.

About the Business

Year Established:
2015
Number of Employees:
6-10
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
2,000
Lease Rate/Sq. Ft./Yr.:
$35,196.00
Lease Expiration:
1/1/2021
Facilities:
Location #1: Clinic of Wethersfield
Goff Brook Shops
1267-1309 Silas Deane Highway
Wethersfield, CT 06109

Square Footage: 2,000

Term: January 2015-2021

Rent: $2,933 | $35,196


Location #2: Clinic of Wallingford Commons
1243 South Broad Street, Unit 1
Wallingford, CT 06492

Square Footage: 2,632

Term: May 2017-2023

Rent: $3,800 | $45,600.00

*Start-up location and not included in sales price, but available


Location #3: *Undeveloped and not included in sales price, but available

Rights reserved
Website:
www.imatchfranchise.com
Market Outlook/
Competition:
Our “Services” which are Products or Services that may be required by applicable law to be provided by an independent Physician employed by a medical practice (or by you if permitted by law) responsible for supervising and/or monitoring the Program. Our Program guides the manner of dealing with customers, mix of and use of Products and Services, as well as the general customer experience. Our Foundational Elements are those attributes of our System we do not license to others as part of or in connection with any Products or Services we may sell via the internet or Alternative Channels of Distribution. Currently, we consider the Foundational Elements to include our EMR Software, our diet methods, Manuals, and other services and intellectual property we deem critical to allow someone to commence a Business.
Growth & Expansion:
Our “System” allows for the efficient operation of the Business to provide a platform for the sale of Products and Services, as well as to provide ease of operation of its Practice component. Our System includes our clinic management system; accounting system; distinctive business formats; uniforms; color schemes; methods; procedures; system-common practices and processes; advertising practices; hiring practices; designs; layouts; signs; product and service mix; licensed or proprietary software; hardware and electronic devices; standards; specifications; treatment protocols; and/or other System Standards defined in our Manuals, all of which we may improve, further develop or otherwise modify from time-to-time.
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About the Sale

Reason For Selling:
Seller has decided to pursue other business opportunities
Training/Support:
Before the Business opening, we will provide business operations training to your personnel, one of whom must be your owner and another must include your on-Site Manager/ Sales Director and Medical Director (“Owner/Manager Training”). At least three (3) persons must complete the Owner/Manager Training. Approximately between two (2) and five (5) consecutive days of this training will be furnished at our designated training facility and/or at an operating Business.

Listing Info

ID:
1422708
Ad Detail Views:
1047

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Business Listed by

Adam Edwards, NFL Alumni, CFE, CTA

iMatch Franchise and Global Investments
License# 080817912

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