OC Family Practice, Functional Medicine, Weight Loss & Aesthetics

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Asking Price:
$295,000

Gross Revenue:
$501,000
Cash Flow:
$126,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$25,000
not included in asking price

FF&E:
$67,000
included in asking price

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Business Description

Profitable, functional medicine, weight loss and aesthetics Clinic, with very strong upside Potential.

This business specializes in hormone replacement, functional medicine, aesthetics, and weight loss therapies to revitalize and rejuvenate your health. Since 2015, the business has provided the latest advances in safe and effective anti-aging and wellness services, in helping men and women reverse the age process, to look and feel younger and enhancing their lives. The business has developed a reputation for providing individualized care, with compassion, setting it apart from most competitors.

Great growth potential with the possible expansion of the aesthetics side of the business, as it has had growth in demand in this area over the last few years. The business has a strong & diverse customer base. Its customers typically have a Median age of 35-55, are 90% female, and 10% male. Aesthetics/Hormone balancing is approaching 40% of care provided. Functional medicine is becoming more popular and vitamin supplementation for supporting wellness is growing rapidly as well.

Office is approximately 2,434 square feet. Welcome desk is situated right next to the entry, ensuring patients an immediate response upon arrival. The waiting room can seat 12 people and is designed like a personal living room. There are currently 4 patient rooms, 2 offices, a nursing station, chart room, and a break room. Design of the office is meant to feel like a “home” environment.

There is currently staff as follows: One Nurse Practitioner, a Licensed Vocational Nurse, and a Medical Assistant per shift.

According to the National Center for Health Statistics, In the United States, approximately 38 percent of adults (about 4 in 10) and approximately 12 percent of children (about 1 in 9) are using some form of complementary and alternative medicine (CAM). Similarly, according to First Research, excess weight is drawing concern around the globe, potentially creating demand for the industry. As of 2016, 40% of women and 39% of men were overweight, according to the World Health Organization. For obesity, the rates were 15% for women and 11% for men. The US weight reduction services industry includes about 3,000 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $2 billion.

About the Business

Location:
Orange County, California
Year Established:
2015
Number of Employees:
3
Real Estate:
Leased
Building Sq. Ft.:
2,434
Rent:
$7,208.00 Per Month
Lease Expiration:
4/1/2020
Market Outlook/
Competition:
Dr. Food, Let’s Nutrition, and Jenny Craig
Growth & Expansion:
Excellent potential
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About the Sale

Reason For Selling:
Sellers have decided to pursue other business opportunities
Training/Support:
Owners will assist in the transition

Listing Info

ID:
1626650
Ad Detail Views:
0

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$
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Business Listed by

Vasilis Georgiou,M&AMI, CBI, CBB, MBA

CrossRoads Business Brokers

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U.S. Census Data for Orange County, CA
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Orange County, CA
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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